Central Banks Signal Rate Cuts as Jobs Report Spurs Economic Concerns and Gold Rally
• Central banks like the Fed and ECB signaling potential interest rate cuts in the coming months
• US jobs report showed rise in unemployment rate and slowing wage growth
• Gold continuing to surge higher on rate cut hopes, safe haven demand, and Chinese buying
• US indices like Nasdaq pushed higher this week but saw a notable sell-off on Friday
• Key economic data like US CPI could spark volatility and shape near-term outlook for dollar