Gold price holding above $1,800 following disappointing ISM service-sector data
在令人失望的供應管理協會的服務業數據之後,黃金價格保持在1,800 美元上方 Neils Christensen
Tuesday July 06, 2021
The gold market is holding on to gains above $1,800 an ounce but is seeing little reaction to weaker than expected momentum in the U.S. service sector, according to the latest data from the Institute for Supply Management (ISM). 根據供應管理協會 (ISM) 的最新數據,黃金市場保持在每盎司 1,800 美元上方的漲幅,但對美國服務業低於預期的勢頭幾乎沒有反應。
Tuesday the ISM said its nonmanufacturing index showed a reading of 60.1% for June, down from May's reading of 64.0%. The data was weaker than expected, as consensus forecasts were calling for a 63.4% reading. 週二 ISM 表示,其 6 月份非製造業指數為 60.1%,低於 5 月份的 64.0%。數據弱於預期,因為普遍預測要求讀數為 63.4%。
Economists note that this is the lowest reading since February. However, the report noted that June's decline comes after hitting a record high the previous month. 經濟學家指出,這是自 2 月份以來的最低讀數。然而,該報告指出,6 月份的下降是在上個月創下歷史新高之後。
The gold market is holding near session highs above $1,800 an ounce but is seeing little reaction to the latest economic data. August gold futures last traded at $1,811.7 an ounce, up 1.59% on the day. 黃金市場維持在每盎司 1,800 美元上方的盤中高點附近,但對最新經濟數據幾乎沒有反應。 8 月黃金期貨最後交易價格為每盎司 1,811.7 美元,當日上漲 1.59%。
"The composite index indicated growth for the 13th consecutive month after a two-month contraction in April and May 2020. The rate of expansion in the services sector remains strong, despite the slight pullback in the rate of growth from the previous month's all-time high," said Anthony Nieves, chair of the ISM Services Business Survey Committee, in the report. “在 2020 年 4 月和 5 月連續兩個月收縮後,綜合指數顯示連續第 13 個月增長。服務業的擴張速度仍然強勁,儘管增速較上月的歷史紀錄略有回落高,”ISM 服務業務調查委員會主席 Anthony Nieves 在報告中說。
Looking at some of the components of the report, the business activities index dropped to a reading of 60.4%, down from May's reading of 66.2%. 從報告的某些組成部分來看,商業活動指數從 5 月份的 66.2% 下降至 60.4%。
At the same time the service-sector labor market also showed weaker momentum with the employee index falling to 49.3%, down from May's reading of 55.3%. 與此同時,服務業勞動力市場也顯示出較弱的動能,僱員指數從 5 月份的 55.3% 下降至 49.3%。
Inflation pressures also eased slightly last month with the prices index falling to 79.5%, down from May's reading of 80.6%. 上個月通脹壓力也略有緩解,物價指數從 5 月份的 80.6% 降至 79.5%。