Trading news

Gold stable during the Asian session

Gold

Gold was stable during the Asian trading session, amid the investors and the traders awaiting for a rate hike in December, and the presidential election.

Gold stable while Brent rises

Crude oil

Crude oil stabilized, while Brent climbed to $50, amid the inventory data in the U.S. resume being supportive.

U.S. dollar

The greenback climbed and reached its three months high, at the price level of 104.49, against its counterpart, the Japanese yen.

New Zealand

New Zealand's trade balance dropped from -1,243M to -1,436M and did not match the analysts' predictions for appreciation to -1,123M.

Australia

Australia's import price index declined to -1.0%. The analysts predicted the indicator to drop -0.7%.

Norway

Norway's rate of unemployment dropped from 5.0% to 4.9% and matched the economists' forecasts.

Read More

Thursday, 27 Oct, 2016 / 7:37

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/gold-stable-during-the-asian-session

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