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Malaysian headline inflation falls further in October, likely to remain negative in 2020

Swiss franc likely to gradually depreciate against euro in coming months

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

Philippine central bank keeps interest rate unchanged at 2 pct

United States building permits

U.S. durable goods orders sustain robust growth

U.S. existing home sales decline in August

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

Swedish economic sentiment indicator rises in November

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

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

Reserve Bank of India likely to stand pat in December

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

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

U.S. Consumer Confidence falls in September

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Commodities snapshot (precious & industrial)

Monday, December 24, 2018 4:08 PM UTC

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

Gold:

  • Gold is continuing its march higher as the dollar weakens amid risk aversion. Today’s range $1267-1255
  • Gold is currently trading at $1265/troy ounce. Immediate support lies at $1220, and resistance at $1275 area.

Silver:

  • Silver is moving higher along with gold as USD weakens. Today’s range $14.46-14.87
  • Silver is currently trading at $14.72/troy ounce. Support lies at $14 & resistance at $16

Copper:

  • Copper is the worst performer of the week but higher on weaker USD. Today’s range $2.71-2.66
  • Copper is currently trading at $2.67/pound, immediate support lies at, $2.55 & resistance at  $2.81

 

Gold

 +0.72%

Silver

 +0.75%

Copper

  +0.38%

 

 

 

 

 

 

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