
The Us Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on June 3, 15:30 MT time (GMT+3).
On Tuesday, gold declined in Asia trade, with tensions on the Korean peninsula closely watched after fresh UN economic sanctions against North Korea turned to be weaker than expected.
In New York, gold futures slumped 0.43% trading at $1,329.96 a troy ounce.
The fresh UN sanctions on crude exports to North Korea are quite moderate versus the original US proposal as for crude exports, and it would be unlikely to have a strong impact on the operations of this isolated country’s military.
Overnight, the precious commodity was still on the downside because worries over the impact of Hurricane Irma as well as tensions with North Korea kept subsiding.
The greenback managed to regain some strength reacting to an official downgrading of Hurricane Irma’s strength to Category 1 because the storm hit Florida over the weekend having pummeled much of the Caribbean.
Huge storms have flooded areas across South Florida, ruining power lines and trees. It has left more than 2 million people without power.
The Us Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on June 3, 15:30 MT time (GMT+3).
The Organization of Petroleum Exporting Countries will hold a meeting on June 2.
This week started with the talk of the United States banning Russian oil exports, so XBR/USD saw $130 a barrel. Then the ban became reality. What does it really mean for the market?
The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
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