Senior 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
- Gold and silver prices are trading near unchanged in quieter early U.S. trading Tuesday. This is a big week for U.S. economic reports, starting with today’s jobs and labor turnover report. December gold was last down $0.80 at $1,946.10 and December silver was down $0.015 at $24.59.
The busy U.S. data week is highlighted by Friday’s employment situation report for August from the Labor Department. The key non-farm payrolls number is expected to come in at up 170,000, compared to a rise of 187,000 in the July report. U.S. economic data due for release Tuesday includes the weekly Johnson Redbook retail sales report, the monthly house price index, the S&P Core-Logic house indexes, the consumer confidence index, and the JOLTS labor survey.
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.
Asia Stocks Set for Small Gains; Currencies Steady: Markets WrapAsian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.
Read more »
Asia Stocks Set for Small Gains; Currencies Steady: Markets Wrap(Bloomberg) -- Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost
Read more »
OCBC Facing Technical Problems Impacting Banking ChannelsOversea-Chinese Banking Corporation Ltd. is facing technical problems with its systems impacting various banking channels, the bank said in a Facebook post.
Read more »
Singapore's OCBC bank says it is facing technical problems(Reuters) - Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it is facing technical problems with its systems ...
Read more »
Industrial Metals Steady After China Stimulus Hopes Get Boost(Bloomberg) -- Base metals were generally flat on the Shanghai Futures Exchange after China’s state-owned media said Beijing authorities are set to implement measures to bolster its stock and property markets.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Military EarplugsSaudi Arabia’s Intereste
Read more »
Monday’s analyst upgrades and downgradesInside the Market’s roundup of some of today’s key analyst actions
Read more »