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POPULAR NEWS
Dollar Slides, Headed For First Weekly Loss in a Month

The U.S. dollar looked listless on Friday, sliding against a handful of its major rivals but rallying against some emerging markets amid worries over further sanctions on Turkey. The ICE U.S. Dollar Index which measures the greenback against six developed market rivals, slipped 0.4% to 96.303. The gauge is on track for a 0.1% loss this week”its worst performance in four weeks, according to FactSet. The buck weakened most notably against the Canadian dollar which rallied on the back of an...

Consumer Sentiment in U.S. Declines to Lowest in Almost a Year

U.S. consumer sentiment unexpectedly fell to the lowest level in almost a year amid less favorable views on purchasing big-ticket items and persistent concerns about trade tensions, a University of Michigan report showed Friday.  Sentiment index decreased to 95.3 (est. 98) from prior month™s 97.9; lowest since Sept., below all analyst estimates. Current conditions gauge, which measures Americans™ perceptions of their finances, fell to 107.8 from 114.4 in July; 6.6-point...

Gold at Lowest in a Year as Dollar Emboldens Bears
Thursday, 19 July 2018 17:19 WIB | PRECIOUS METALS |GOLDEMAS

Gold trades at lowest in a year as Federal Reserve Chairman Jerome Powell™s comments on U.S. employment and inflation help to sustain expectations for another interest-rate increase in September.

Bullion for immediate delivery -0.8% to $1,217.37/oz at 10:58 am in London

Bloomberg Dollar Spot Index +0.4% after +0.5% past 2 days

In other precious metals: Silver -1.7% to $15.2994/oz, also at lowest level this July last year. Platinum -1.6% to $805.49/oz; trading at lowest levels in a decade. Palladium -0.6% to $903.70/oz, heading for lowest close since August.

Source: Bloomberg

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POPULAR NEWS
Dollar Slides, Headed For First Weekly Loss in a Month

The U.S. dollar looked listless on Friday, sliding against a handful of its major rivals but rallying against some emerging markets amid worries over further sanctions on Turkey. The ICE U.S. Dollar Index which measures the greenback against six developed market rivals, slipped 0.4% to 96.303. The gauge is on track for a 0.1% loss this week”its worst performance in four weeks, according to FactSet. The buck weakened most notably against the Canadian dollar which rallied on the back of an...

Consumer Sentiment in U.S. Declines to Lowest in Almost a Year

U.S. consumer sentiment unexpectedly fell to the lowest level in almost a year amid less favorable views on purchasing big-ticket items and persistent concerns about trade tensions, a University of Michigan report showed Friday.  Sentiment index decreased to 95.3 (est. 98) from prior month™s 97.9; lowest since Sept., below all analyst estimates. Current conditions gauge, which measures Americans™ perceptions of their finances, fell to 107.8 from 114.4 in July; 6.6-point...

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