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

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

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

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

Philippine central bank keeps interest rate unchanged at 2 pct

United States building permits

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Reserve Bank of India likely to stand pat in December

U.S. weekly jobless claims unexpectedly decrease

Swedish economic sentiment indicator rises in November

FxWirePro: Daily Commodity Tracker - 21st March, 2022

U.S. Consumer Confidence falls in September

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

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

U.S. existing home sales decline in August

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

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

Commodities snapshot (precious & industrial)

Tuesday, December 4, 2018 1:34 PM UTC

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

Gold:

  • Gold is heading higher as USD weakens. Today’s range $1229-1241
  • Gold is currently trading at $1239/troy ounce. Immediate support lies at $1195, and resistance at $1250 area.

Silver:

  • Further decline likely as the silver breaks key support around $14.2 area. Up today on weaker USD. Today’s range $14.35-14.63
  • Silver is currently trading at $14.57/troy ounce. Support lies at $14 & resistance at $16

Copper:

  • Copper rose on Sino-American trade truce. Likely to decline further to test $2.5 area once the optimism fades. Today’s range $2.78-2.83
  • Copper is currently trading at $2.81/pound, immediate support lies at, $2.55 & resistance at  $2.81

 

Gold

 +1.39%

Silver

 +3.04%

Copper

  +0.61%

 

 

 

 

 

 

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