Gold for August delivery, the most actively traded contract, was recently down 0.7% at $1,178.10 a troy ounce on the Comex division of the New York Mercantile Exchange. The dollar rebounded after several days of declines Thursday, as U.S. economic data showed retail sales in May increased in line with expectations. A stronger dollar tends to dent prices for gold, which is denominated in dollars and becomes more expensive for foreign buyers ...
The unemployment rate in Australia was a seasonally adjusted 6.0 percent in May, the Australian Bureau of Statistics said on Thursday. More...
The unemployment rate in Australia came in at a seasonally adjusted 6.0 percent in May, the Australian Bureau of Statistics said on Thursday. More...
- U.S. Advance Retail Sales to Rebound After Holding Flat in April. - Household Spending Has Failed to Meet Market Forecast the Last Five Straight Prints. Trading the News: U.S. Advance Retail Sales A 1.2% rebound in U.S. Retail Sales may increase the appeal of the greenback and highlight a more bearish outlook for EUR/USD as the Fed remains on course to normalize monetary policy in 2015. What’s Expected: ...
Kite festival, or Festival of the Winds in Sydney, Australia. [/QUOTE]