
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 Friday, gold slumped moderately in Asia, with financial markets braced for reacting to any signs on monetary policy from the Fed as well as ECB bank chiefs later in the day.
In New York, December delivery gold futures went down 0.01% reaching $1,291.94 a troy ounce.
Overnight, the major precious commodity stood still amid thin trading volumes. It’s because market participants waited for signs on monetary policy from a key banking symposium in Jackson Hall that burst out on Thursday.
Gold fluctuated in rather a narrow $6 range because market participants kept their powder dry ahead of decisive speeches by ECB Governor Mario Draghi as well as Fed Chair Janet Yellen.
Draghi isn’t supposed to provide much insight into the ECB’s view on monetary policy. However, market participants are supposed to parse Yellen’s statement to assess the Fed’s sentiment on a third rate lift later in 2017.
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?
A new week means new trading opportunities! Here are some events that can fluctuate the market actively…
The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.
The United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on August 5, 15:30 GMT+3.
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