Gold was trading in a tight range on Tuesday ahead of a two-day rate-setting meeting by the U.S. central bank, with investors awaiting clarity on whether a next round of U.S. tariffs on Chinese... » read more
The ZEW indicator of economic sentiment in Germany turned positive in December, rising to the highest level in 21 months. The ZEW registered a reading of 10.7 points, up from -2.1 in November.... » read more
The euro was little changed versus the dollar on Tuesday as investors were wary of a looming deadline for U.S. tariffs on China, the British election and upcoming Federal Reserve and European... » read more
U.K. GDP was flat in the three months ending October, the Office for National Statistics said Tuesday. There were increases across the services sector, offset by falls in manufacturing with... » read more
Hong Kong stocks closed Tuesday with fresh losses as traders grow increasingly wary about the lack of news on the China-US tariffs talks with a deadline for fresh measures against Beijing just days... » read more
European stocks opened lower on Tuesday as doubts abound over whether the U.S. and China can strike a partial trade accord before the next tariff deadline on Sunday, December 15. The pan-European... » read more
Tokyo stocks closed marginally lower on Tuesday in cautious trade ahead of several key events this week, including the US Federal Reserve's policy decision. The benchmark Nikkei 225 index slipped... » read more
Gold prices steadied on Tuesday in Asia ahead of a closely watched U.S. Federal Reserve meeting. Sino-U.S. trade tension were cited as supportive for gold today as more tariffs on Chinese goods are... » read more
Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC's agreement with associated producers at the end of last week... » read more
North Korea addressed new insults to U.S. President Donald Trump Monday, calling him a "heedless and erratic old man." Pyongyang was responding to a Trump tweet saying that “Kim Jong Un is too... » read more
Gold prices are flat in Asian trade. Gold is likely to show little change as traders await a series of central bank meetings this week, including the Fed and the ECB, ANZ says. Although markets'... » read more
Hong Kong stocks started on the back foot Tuesday morning following a negative lead from Wall Street as investors grow nervous about looming US tariffs on Chinese goods and a lack of news on trade... » read more
The dollar and yen held the safe-haven high ground on Tuesday, with investors on edge ahead of a looming tariff deadline, the UK election and upcoming central bank meetings in Europe and the United... » read more
Oil was little changed as investors weighed an expected drop in American crude stockpiles against the possibility of the U.S. imposing extra tariffs on a new $160 billion swath of Chinese goods this... » read more
Tokyo stocks opened lower on Tuesday in cautious trade ahead of key events this week including the US Federal Reserve's policy decision. The benchmark Nikkei 225 index slipped 0.22 percent or 52.64... » read more
Hong Kong finished flat on Monday as weak Chinese trade data offset a forecast-beating jobs report from the US that eased concerns about the world's top economy. The Hang Seng index edged down 3.64... » read more
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Hong Kong stocks closed Tuesday with fresh losses as traders grow increasingly wary about the lack of news on the China-US tariffs talks with a deadline for fresh measures against Beijing just days away. The Hang Seng index fell 0.22 percent, or 58.11 points, to 26,436.62. But the benchmark...
The ZEW indicator of economic sentiment in Germany turned positive in December, rising to the highest level in 21 months. The ZEW registered a reading of 10.7 points, up from -2.1 in November. "This hope results from a higher than expected German foreign trade surplus in October, alongside...
Gold was trading in a tight range on Tuesday ahead of a two-day rate-setting meeting by the U.S. central bank, with investors awaiting clarity on whether a next round of U.S. tariffs on Chinese goods will come into effect this weekend. Spot gold was up 0.1% to $1,462.97 per ounce by 07:34 GMT....
| Time | Country | Im | Figures | Previous | Forecast | Actual |
|---|---|---|---|---|---|---|
| 06.50 | JPN | L | M2 Money Stock y/y | 2.4% | 2.5% | 2.8% |
| 07.30 | AUD | M | NAB Business Confidence | 2 | - | 0 |
| 08.30 | CHN | M | CPI y/y (CHN) | 3.8% | 4.5% | 4.5% |
| 08.30 | CHN | L | PPI y/y | -1.6% | -1.5% | -1.4% |
| 12.59 | JPN | L | Prelim Machine Tool Orders y/y | -37.4% | - | -37.9% |
| 14.45 | EUR | L | French Industrial Production m/m | 0.4% | 0.3% | 0.4% |
| 16.00 | EUR | L | Italian Industrial Production m/m | -0.4% | -0.2% | -0.3% |
| 16.30 | GBP | M | GDP m/m | -0.1% | 0.1% | 0.0% |
Australia™s central bank kept interest rates unchanged as it waits for three cuts since June to flow through to areas of the economy beyond the property market. Reserve Bank Governor Philip Lowe and his board kept the cash rate at 0.75% Tuesday, in line with expectations of economists and money markets. He will want to hold onto his remaining conventional ammunition -- estimated at two more cuts -- and monitor the impact of earlier easing and recent government tax rebates. The RBA™s final meeting of the year sees policy makers no closer to reviving wages growth and...
North Korea addressed new insults to U.S. President Donald Trump Monday, calling him a "heedless and erratic old man." Pyongyang was responding to a Trump tweet saying that œKim Jong Un is too smart and has far too much to lose, everything actually, if he acts in a hostile way." Trump added...
Confusion and uncertainty dominates the gold market as traders and investors continue to react to shifting trade sentiment between China and the U.S. The latest Kitco News Weekly Gold Survey shows Wall Street analysts nearly caught in a three-way tie, while only a slight majority of retail...