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

U.S. House prices increase slightly in July

Best Gold Stocks to Buy Now: AABB, GOLD, GDX

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

Swiss franc likely to gradually depreciate against euro in coming months

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

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

U.S. durable goods orders sustain robust growth

U.S. weekly jobless claims unexpectedly decrease

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

U.S. existing home sales decline in August

FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

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

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

U.S. Q3 economic growth unrevised in second estimate

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

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Commodities snapshot (precious & industrial)

Thursday, August 31, 2017 3:09 PM UTC

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

Gold:

Gold is consolidating on profit bookings. Likely to move higher. Today’s range $1296-1317
In the short-term price is likely to move higher towards $1360 area.
Gold is currently trading at $1317/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.

Silver:

Silver is likely to accelerate its current bull trend. Broken key resistance. Today’s range $17.25-17.59
Silver is currently trading at $17.55/troy ounce. Support lies at $17.1 & resistance at $18.2

Copper:

Copper heading higher as supplies remain tight. Likely to move towards $3.2 per pound. Today’s range $3.14-3.06
Copper is currently trading at $3.10/pound, immediate support lies at, $2.89 & resistance at $3.12

Gold	+2.01%
Silver	+2.99%
Copper	+2.21%

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Commodities snapshot (precious & industrial)

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