Gold is trading just under flat leading into the European open kitconews gold silver finance investing mining metals economics
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 moderate overnight. The ASX and Nikkei 225 moved higher but the Shanghai Composite closed -0.04% in the red. Futures in Europe are indicating a slightly positive cash open.
In FX markets the USD has pullback slightly against most of the majors after the recent bout of strength. The biggest mover was GBP/USD which is 0.31% higher. In the crypto space, BTC/USD is 1% higher at $19,509.Bank of Korea raises its key rate by 50bps.Fed's Barkin expects inflation to come down but not immediately or predictably. U.K. May monthly GDP +0.5% vs 0.0% m/m expected.Looking ahead to the rest of the session highlights include EZ industrial production, U.S.
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