Economic Data

Gold, Silver In Retreat As Stocks Climb

WASHINGTON (Alliance News) – Gold futures were lower Monday morning in thin trade on a day bereft of first-tier economic data. Stocks were set for another strong open, denting gold’s safe haven appeal. Gold prices were down 1.8% last week, having touched a yearly peak earlier in September. Dec. gold was down USD7 at USD1317 an ounce this morning. Silver ...

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Euro Turns to CPI, PMI Data Ahead of German Elections

Fundamental Forecast for EUR/USD: Neutral – The final August Euro-Zone CPI reading on Monday should show a modest increase from the preliminary reading, in line with what have been rising medium-term inflation expectations. – German elections next weekend pose little risk to the Euro as German Chancellor Angela Merkel is expected to win another term with relative ease. – According ...

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Rouble firms, data watched for clues to pace of recovery

Reuters MOSCOW, Sept 18 (Reuters) – The Russian rouble firmed slightly on Monday ahead of economic data that should shed light on the pace of the economy’s recovery. The rouble was 0.1 percent stronger against the dollar at 57.64 as of 0749 GMT and firmed 0.3 percent to 68.73 versus the euro. The rouble is being supported by ...

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Data Packed Week Begins With Eurozone CPI On Monday

Investors are bracing for a highly active week in the financial markets, with a deluge of economic data and a pair of monetary policy statements scheduled to make headlines. The Monday session features a lighter schedule, but one that could still impact the currency markets ahead of more compelling releases later in the week. Action begins at 08:00 GMT when ...

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smcp: Czech Republic – Factors To Watch on Sept 18

Business More CZECH-FACTORS/:Czech Republic – Factors To Watch on Sept 18 Reuters | Sep 18, 2017, 12:05 IST PRAGUE, Sept 18 (Reuters) – Here are news stories, press reports and events to watch which may affect Czech financial markets on Monday. ALL TIMES GMT (Czech Republic: GMT + 2 hours) =========================ECONOMIC DATA========================== Real-time economic data releases……………….. Summary of economic data ...

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China Stocks fall on soft August economic data

The Mainland China equity market closed lower on Friday, 15 September 2017, as investors cashed in recent profit after softer than expected data suggested the world’s second-largest economy is starting to lose some momentum in the face of rising borrowing costs and government-mandated capacity cuts. The Shanghai Composite Index dropped 0.5%, or 17.81 points, to a 20-day ...

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Will China’s latest boom cycle end earlier than expected?

China’s economic growth tumbled to a 26-year low of 6.7 percent last year. Traditional economic theory suggests that it usually takes a long time for an economy to reaccelerate. Nevertheless, the nation’s economy has shown great resilience since the start of the year. The gross domestic product has expanded by 6.9 percent in the first half, up 0.2 percentage points ...

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World Largely Ignores North Korea Missiles, Concentrates On Data- Nikkei Asian Review

  By Kuala Lumpur NewsroomNikkei Markets  KUALA LUMPUR (Sep 18) — Significant international events and markets news: KEY EVENTS: *08:00 a.m.: Italy July Balance of Trade *12:30 p.m.: Canada July Foreign Securities Purchases *14:00 p.m.: U.S. September NAHB Housing Market Index *20:00 p.m.: U.S. July Overall Net Capital Flows, Foreign Bond Investment, Net Long-Term Tic Flows US STOCKS: The three ...

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Gold falls on ECB, Fed tightening prospect

Gold prices have fallen after a European Central Bank (ECB) official calls for scaling back the bank’s stimulus program, although losses were capped when weaker-than-expected US economic data raised questions about further interest rate hikes. ECB board member Sabine Lautenschlaeger made the most explicit call so far from an ECB policymaker for paring the bank’s 2.3 trillion euros money-printing program. ...

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