What is the relationship between non-agricultural and crude oil
China's non farm payrolls data is released along with its unemployment data, the two data add radiance to each other, tend to achieve a multiplier effect. The United States has a close relationship with the consumer market and the degree of economic development. So the numerical payrolls data showed the U.S. economy is increasing, the way, dollar positive, but also negative bad gold, crude oil; if its value is reduced, indicates that the downturn in the economy, nature is negative for the dollar, gold and silver are more bullish, crude oil.
If the value is small, it represents the country's corporate productivity decline, the economy into recession, people's consumption level is reduced, the market is highly sensitive period. Conversely, when the value increases, it shows that the social economy is good, the enterprise productivity is high, people's consumption ability is strengthened, and the market is becoming more active.
First of all, we must understand what non-agricultural. As the name suggests, non-agricultural refers to the number of non-agricultural employment population, and as the world's largest economic power, we refer to non farm payrolls are usually the United states. As a non agricultural employment population, including non-agricultural manufacturing and service employment, but also reflects the development level of the country's current economic side, because the manufacturing industry and service industry as the second and the third industry, the employment population directly reflects the consumption level of the country.
