Online Forex broker
On Monday, gold leapt in Asia, with China getting back after a week-long break, thus bringing some heft to the global market even as South Korea, Taiwan and Japan are still unavailable for holidays.
December delivery gold futures rallied 0.88% being worth $1,286.13 a troy ounce in New York.
This week on Wednesday, the Fed minutes is going to be in focus for fresh clues on the timing of the next American rate lift. Additionally, Friday’s American reports on inflation as well as retail sales will closely watched too.
Besides this, financial markets will also be monitoring a speech by ECB head Mario Draghi for further indications on when the EU’s major financial institution will drift away from its ultra-easy monetary policy.
The previous week on Friday, the precious commodity rebounded from two month minimums because fresh worries over tensions with North Korea put pressure on the greenback and spurred safe haven demand for gold.
On Tuesday, gold jumped, underpinned by hopes that the US main financial institution is going to send financial markets a more dovish message as for future monetary policy following the two-day policy gathering scheduled to start a bit later on Tuesday…
On Monday, gold managed to ascend because traders closely watched a busy week probably to be dominated by the Fed’s regular policy gathering…
On Thursday, in Asia, gold slipped notwithstanding the fact that China posted weaker-than-anticipated industrial output data…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
