Gold is trading flat heading into the European open kitconews gold silver mining metals economics finance investing
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! Risk sentiment was generally weak overnight after the negative Wall Street handover. The Nikkei 225 and Shanghai Composite both fell while the ASX managed to keep its head above water.
In FX markets the focus has been on EUR/USD moving lower to parity. The dollar index has moved another 0.15% higher overnight. In the crypto space, BTC/USD has moved below $20K once again.Japan finance minister Suzuki expressed concern to Yellen about the rapid yen weakening.Wugang city in China to be locked down after COVID cases rise.White House Press Secretary Jean-Pierre said that the U.S. CPI data is expected to be"highly elevated" citing gas prices.
Looking ahead to the rest of the session highlights include German ZEW, OPEC MOMR, comments from Fed's Barkin, BoE's Bailey, and Cunliffe.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold trades flat ahead of the European open(Kitco News) - Gold is trading pretty much flat ahead of the European open this morning. Silver is looking more subdued and is nearly half a percent in the red. In the rest of the commodities complex, both copper (-2.11%) and spot WTI (-1.64%) have moved lower overnight.
Read more »
Canada's U23 basketball team beats France 78-60 to win Globl Jam goldAaliyah Edwards high-fived fans and posed for pictures as she made her way off the Mattamy Athletic Centre court with teammates on Sunday, clutching her tournament MVP trophy. Canada had easily defeated France 78-60 moments earlier in the inaugural Globl Jam tournament.
Read more »
Gold, silver see more price pressure amid higher USDX, lower oilSenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Read more »
Monday's Charts for Gold, Silver and Platinum and Palladium, July 11Get the Big Picture view on gold, silver and other precious metals markets with Kitco Senior Analyst. With thorough analysis, get a sense of today's market as well as where it may be heading. Be in the lead.
Read more »
Gold and silver breaking downKitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Read more »
Three-time Olympic gold medallist Rebecca Johnston to tutor future Flames as guest coachThree\u002Dtime Olympic gold medallist Rebecca Johnston to tutor future Flames as development camp begins
Read more »