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Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Canadian inflation continues to ease, moving closer to the Bank of Canada's target

U.S. durable goods orders sustain robust growth

U.S. Consumer Confidence falls in September

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Philippine central bank keeps interest rate unchanged at 2 pct

Germany's unemployment exceeds expectations in September

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Canada's economy shows growth in July, but growth stalled in

Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.S. existing home sales decline in August

U.S. existing home sales rise above expectations in October

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

U.S. vehicle sales fall again in November

U.S. Q3 economic growth unrevised in second estimate

Commodities snapshot (precious & industrial)

Thursday, May 3, 2018 3:02 PM UTC

The metal pack is mixed today. The performance this week at a glance in chart & table -

Gold:

  • Gold declining as risk aversion eased and dollar recovers. Today’s range $1304-1318
  • Gold is currently trading at $1313/troy ounce. Immediate support lies at $1290, and resistance at $1355 area.

Silver:

  • Silver is down in line with the gold of the week. Today’s range $16.61-16.32
  • Silver is currently trading at $16.43/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is continuing its range trade. The best performer for the week so far. Today’s range $3.05-3.12
  • Copper is currently trading at $3.082/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 -0.76%

Silver

 -0.42%

Copper

  +0.33%

 

 

 

 

 

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