Gold extends gains as investors remain cautious ahead of Fed meeting outcome
Jun 10, 2020 08:03 am UTC| Commentary
Gold prices rose, extending gains for the third straight session as global equity markets trimmed gains, while U.S. Treasury yields declined ahead of the outcome of the Federal Reserves meeting that is expected to shed...
FxWirePro: US-CFTC Announces Good News For Whistle-blowers
Jun 10, 2020 06:32 am UTC| Research & Analysis Insights & Views Commentary
The United States Commodity Futures Trading Commissions Whistle-blower program has been created under section 748 of the Dodd-Frank Wall Street reform and consumer protection act of 2010. As part of that program, CFTC...
U.S. job openings fall in April, hires drop to series low
Jun 09, 2020 19:33 pm UTC| Commentary
U.S. job openings dropped to 5.05 million in April, while hires fell to 3.5 million, a series low. Not since 2014 have there been so few jobs available, noted Wells Fargo in a research report. While the data released is...
U.S. small business optimism rises in May, NFIB index rises 3.5 points
Jun 09, 2020 16:01 pm UTC| Commentary
The U.S. small business optimism rose in May, but remains low. The NFIB Small Business Optimism Index rose 3.5 points to 94.4. It remains well below where it was prior to the outbreak, but the forward-looking components...
German foreign trade falls sharply in April, likely to record better figures in May
Jun 09, 2020 13:43 pm UTC| Commentary
German exports and imports of goods virtually collapsed in April, like new orders and industrial production, owing to the corona pandemic and the measures taken to contain it. Exports fell 24 percent, while imports dropped...
Australian business conditions and sentiment rebound in May, but remain weak
Jun 09, 2020 11:59 am UTC| Commentary
Australian business conditions rebounded in May, consistent with the gradual rollback of COVID-19 restrictions. This has permitted some businesses to reopen, extend trading hours or increase activity and is seeing a...
Gold consolidates as Fed meeting looms
Jun 09, 2020 07:56 am UTC| Commentary
Gold prices consolidated within ranges, as investors focused on the U.S. Federal Reserve meeting for clues on policy measures. Market participants weighed the possibility of stepped-up bond buying or a very dovish outlook...