XAU/USD

Daily Markets Broadcast 2018-10-16 Wall Street weaker, pressured by tech sector The Friday rebound on Wall Street proved fleeting as selling restarted yesterday, led by the tech sector amid concerns about earnings reports. Gold topped the dollar as the go-to safe haven, while Brexit stalemate and Italy budget concerns capped…

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  2018-10-12 Wall Street consolidates after heavy losses US indices saw wild swings yesterday and struggled to gain any solid traction after recent losses. Both the US30 and NAS100 indices are attempting to regain the 200-day moving averages. Bonds rose due to rotation from stocks which pressured yields and the…

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By Stephen Innes Head of Trading Asia @steveinnes123 EM Asia sentiment continues to improve; regional equities were trading very well on a  weaker dollar. ASEAN markets do enjoy a capital inflows bump when the US dollar is broadly weaker. Bloomberg China Calls Off Trade Talks, Won’t Go to Washington Until After Mid-Terms…

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All is quiet on the western trade war front For a change,  all is quiet on the western trade war front as the drop in aggressive US tariff posturing and the nonfarm payroll after effects have propelled US equity market to the third consecutive day of substantial gains. While traders…

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Gold is trading sideways in the Monday session. In North American trade, the spot price for one ounce of gold is $1278.63, down 0.09% on the day. It’s a quiet start to the week, with no major releases out of the U.S. On Tuesday, the focus is on construction numbers,…

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Gold has posted small gains in the Wednesday session. In North American trade, the spot price for one ounce of gold is $1297.73, up 0.13% on the day. On the release front, the Federal Reserve is expected to raise interest rates to a range between 1.75% and 2.00%. On the…

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Gold has posted slight losses in the Tuesday session. In North American trade, the spot price for one ounce of gold is $1297.56, down 0.20% on the day. On the release front, consumer inflation numbers were within expectations. CPI remained pegged at 0.2% and Core CPI edged up to 0.2%, just…

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Gold is steady at the start of the trading week. In Monday’s North American session, the spot price for one ounce of gold is $1300.74, up 0.11% on the day. On the release front, there are no major U.S. events on the schedule. On Tuesday, the focus will be on…

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  Gold has inched higher in the Thursday session. In the North American session, the spot price for one ounce of gold is $1297.31, up 0.05% on the day. On the release front, U.S, unemployment claims ticked higher to 222 thousand, just below the estimate of 223 thousand. On Friday,…

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Gold has posted slight gains in the Wednesday session. In the North American session, the spot price for one ounce of gold is $1299.37, up 0.24% on the day. On the release front, there are no major US events. We’ll get a look at unemployment claims on Wednesday. As fears…

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