Gold

The markets were seen trading reasonably quiet. Economic data on the day saw the release of Japan's producer price index. Data showed that PPI on the year rose to 2.9%, beating estimates of 2.8%. This was, however, slower compared to 3.0%…
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The U.S. dollar managed to maintain its dominance closing the week with gains. However, performance was rather mixed with the Kiwi dollar posting the strongest gains. The UK's quarterly GDP report showed that the economy advanced 0.6% on…
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The U.S. dollar was seen edging higher on Thursday. On the economic front, data included the German trade balance which rose 17.6 billion. This was smaller than the forecasts of 18.2 billion. The European Commission released its economic…
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The U.S. dollar was seen trading volatile on the day as the results poured in through the early trading hours of the European session. With the Democrats claiming a majority in the U.S. House while the Republicans are retaining a majority…
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The markets were seen trading subdued ahead of the NY trading session as polling for the mid-term elections was underway. Reports indicate that the Democrats are back in control of the House while the Republicans have maintained control…
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The markets were seen trading a bit subdued on Monday as investors brace for the U.S. mid-term elections due today. On the economic front, China's Caixin services PMI was seen easing to 50.1 which missed estimates and was slower than 53.1…
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The U.S. labor market data released last week on Friday showed that the U.S. unemployment rate held firm at 3.7%, marking a 49-year low. The U.S. economy added 250k jobs during October beating estimates of 194k jobs. However, the jobs…
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The U.S. Dollar posted strong declines on the first trading day of November. The declines pushed most of its peers, such as the Euro and the British pound including precious metals higher on the day. Economic data saw the release of the…
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The U.S. Dollar maintained strong gains on the last trading day of October. The U.S. Dollar index was seen rising to a two year high briefly on Wednesday. The Bank of Japan left interest rates and its QE program unchanged at its meeting…
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