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).
Gold heads south in Asia with traders waiting for Fed clues next week
On Thursday, gold went down moderately in Asia, with financial markets waiting for comment from the key US bank at next week's policy meeting.
February delivery gold futures dived 0.03% in New York being worth $1,265.70 a troy ounce.
Middle East tension strengthened as President Donald Trump is reversing decades of American foreign policy, telling he’s urging the State Department to start preparations to move the US Embassy in Israel to Jerusalem from Tel Aviv.
Overnight, the number one precious metal hovered above six-week minimums because the evergreen buck kept soaring after uncertainty as for a probable American government shutdown relieved, thus diminishing investor demand for gold.
Gold struggled to hold onto revenues because worries regarding a probable government shutdown relieved amid news that the GOP leadership in the House and Senate intended to pass a bill, which would extend the government shutdown deadline from December 8 to December 22.
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?
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.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…