U.K's retail sales higher to -0.4%

United Kingdom

U.K's retail sales climbed from -0.6% to -0.4% and did not match the analysts' estimations for appreciation to 0.2%.

U.K's Halifax HPI upper to 0.1%

The nation's Halifax HPI escalated from -1.1% to 0.1%. The economists predicted the indicator to rise 0.3%.

Germany

Germany's factory orders dropped from 5.2% to -7.4%. The analysts predicted the orders to fall -2.5%.

Gold and other commodities

Gold attempts to rise, thus moving from its three-week low zones, amid the expectations that the FED will be raising rates this month increasing the most.

The precious metal stabilized at $1,225.35 a troy ounce, slightly above Friday's $1,223.00 level. Spot gold remained at $1,225.40 per ounce. The U.S. dollar index reached the 101.56 area.

Silver futures traded to $17.74 a troy ounce slipping 0.2% or 3.1 cents, palladium to $772.00 an ounce falling 0.2%, and platinum to $976.50 weakening 0.2%. Copper futures approached $2.644 a pound losing 0.8 cents or 0.3%.

Dollar related FX pairs

The USD/JPY pair traded to 113.83, the EUR/USD to 1.0591 appreciating 0.1%, the GBP/USD to 1.2211 falling 0.21%, and the AUD/USD to 0.7633 escalating 0.29%.

Read More

ArgusFX Review