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FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

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

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

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

U.S. Consumer Confidence falls in September

Germany's unemployment exceeds expectations in September

U.S. vehicle sales fall again in November

U.S. personal income and spending rose less than expected in August

U.S. existing home sales decline in August

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

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

Bank Indonesia keeps key interest rate on hold at 3.75 pct

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

Australian economic growth recovers strongly in Q3 2020

U.S. House prices increase slightly in July

Commodities snapshot (precious & industrial)

Tuesday, May 29, 2018 1:57 PM UTC

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

Gold:

  • Gold is getting some bids over risk aversion but strong dollar weighs. Today’s range $1306-1292
  • Gold is currently trading at $1295/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

Silver:

  • Silver is up in line with the gold this week. Today’s range $16.53-16.29
  • Silver is currently trading at $16.47/troy ounce. Support lies at $16 & resistance at $17.5

Copper:

  • Copper is continuing its range trade. The worst performer of the day. Today’s range $3.06-3.11
  • Copper is currently trading at $3.09/pound, immediate support lies at, $2.91 & resistance at  $3.21

 

Gold

 -0.46%

Silver

 -0.00%

Copper

  +0.26%

 

 

 

 

 

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