Gold will test the next key level of $1,300 if the Federal Reserve "remains cautious" at its upcoming June meeting, TD Securities said in a report."If the Fed maintains their stance that another hike is still in the cards then gold could run out of steam, but should they remain cautious, as we believe they will, gold could move higher and test the $1,300 level once again," TD Securities' global he...Read More
SHANGHAI, June 6 (Reuters) - China's central bank has not conducted open market operations so far on Tuesday morning, traders said.A total of 60 billion yuan ($8.82 billion) in reverse repos is due to mature on Tuesday.The People's Bank of China injected a net 30 billion yuan into the money market last week. ($1 = 6.8030 Chinese yuan) (Reporting by the Shanghai Newsroom) Disclaimer: The views exp...Read More
By Arshad Mohammed and Steve Holland | WASHINGTONThe United States will quietly try to calm the waters between Saudi Arabia and Qatar, current and former U.S. officials said on Monday, arguing that the small Gulf state was too important to U.S. military and diplomatic interests to be isolated.U.S. officials were blindsided by Saudi Arabia's decision to sever diplomatic ties with Qatar in a coordin...Read More
MANILA, June 6 (Reuters) - Philippines' annual inflation eased to its slowest pace in four months in May, reflecting slower price increases for eight commodity groups including food and non-alcoholic beverages, official date from the statistics agency showed on Tuesday.The annual rate of consumer price inflation was 3.1 percent in May, below economists' forecast for an increase to 3.3 percent, sup...Read More
SYDNEY, June 6 (Reuters) - Prices for New Zealand's main commodities rose in May, lifted by a surge in apple and kiwifruit prices, ANZ Bank's commodity price index showed on Tuesday.The index gained 3.2 percent for the month from April, compared with a 0.2 percent fall in the previous month. On an annual basis the index was 26.3 percent higher, ahead of a 23.7 percent rise the month before.The big...Read More
* Dollar/yen steady after moving off low thanks to US yield bounce* Aussie looks to RBA for cues after 2 days of solid gains* RBA widely expected to stand pat, focus on its economic view By Shinichi SaoshiroTOKYO, June 6 (Reuters) - The dollar held firm early on Tuesday after crawling away from an 18-day low against the yen thanks to a bounce in U.S. yields, while the Australian dollar was steady...Read More
TAIPEI, June 6 (Reuters) - Taiwan's consumer price index for May was released by the Directorate General of Budget, Accounting and Statistics on Tuesday. The CPI rose 0.59 percent year on year, its fastest expansion since January, the directorate said in a statement. The indicator was in line with anayst forecasts.MAYAPRIL CPI (y/y pct chg) +0.59+0.10* Reuters poll+0.6 WPI (y/y pct chg) -1.12+1.0...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC -0.5 pct, CSI300 -0.5 pct, HSI -0.2 pct* HK->Shanghai Connect daily quota used 6.7 pct* HK->Shenzhen Connect daily quota used 7.8 pct, Shenzhen->HK daily quota used 4.6 pct* CNY official close 6.8046 per dollar* FTSE China A50 -1.1 pct, BNY Mellon ADR China Select Index -0.3 pct SHANGHAI, June 6 (Reuters) - Following is a list of recent corporate and policy...Read More
By Dustin Volz and Mark Hosenball | WASHINGTONThe U.S. Department of Justice on Monday charged a federal contractor with sending classified material to a news organization that sources identified to Reuters as The Intercept, marking one of the first concrete efforts by the Trump administration to crack down on leaks to the media.Reality Leigh Winner, 25, was charged with removing classified materi...Read More
CloseGain/LossGold $1279.60+$1.40Silver$17.57+$0.05XAU83.12-0.12%HUI192.84+0.70%GDM632.61+0.20%JSE Gold1319.37+13.02USD96.81+0.13Euro112.58-0.27Yen90.50-0.08Oil$47.40-$0.2610-Year2.180%+0.030T-Bond155.6875-0.46875Dow21184.04-0.10%Nasdaq6295.68-0.16%S&P2436.10-0.12% The Metals: Gold gained $4.80 to $1283.00 by a little after 8AM EST before it dropped back to $1277.90 in the next four hours...Read More
Gold Today -New York closed at $1,278.20 Friday after closing at $1,270.10 Thursday. London opened at $1,281.00 today. Overall the dollar was weaker against global currencies, early today. Before London's opening: - The $: EUR was weaker at $1.1264 after Friday's $1.1222: EUR1.- The Dollar index was weaker at 96.77 after yesterday's 97.20. -...Read More
A summer evening on London Bridge and in Borough Market ended in terror on Saturday as attackers killed seven people and injured 48.This is the second terrorist attack on British soil in less than two weeks and the the third this year. The attack was immediately labelled as a terrorist attack. In the hours that followed police arrested a further 12 people who were suspected of having links to th...Read More
CloseGain/LossGold $1279.60+$1.40Silver$17.57+$0.05XAU83.12-0.12%HUI192.84+0.70%GDM632.61+0.20%JSE Gold1319.37+13.02USD96.81+0.13Euro112.58-0.27Yen90.50-0.08Oil$47.40-$0.2610-Year2.180%+0.030T-Bond155.6875-0.46875Dow21184.04-0.10%Nasdaq6295.68-0.16%S&P2436.10-0.12% The Metals: Gold gained $4.80 to $1283.00 by a little after 8AM EST before it dropped back to $1277.90 in the next four hours...Read More
Gold Today -New York closed at $1,278.20 Friday after closing at $1,270.10 Thursday. London opened at $1,281.00 today. Overall the dollar was weaker against global currencies, early today. Before London's opening: - The $: EUR was weaker at $1.1264 after Friday's $1.1222: EUR1.- The Dollar index was weaker at 96.77 after yesterday's 97.20. -...Read More
A summer evening on London Bridge and in Borough Market ended in terror on Saturday as attackers killed seven people and injured 48.This is the second terrorist attack on British soil in less than two weeks and the the third this year. The attack was immediately labelled as a terrorist attack. In the hours that followed police arrested a further 12 people who were suspected of having links to th...Read More
June 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Domino's Pizza aims for extra slice of IPO market - Channel 4 appoints Alex Mahon as chief executive - Uber hires Harvard Business School professor to overhaul culture - J Crew's long-time chief executive to step down Overview- DP Eura...Read More
June 6 (Reuters) - For other diaries, please see:Top Economic Events Polling unit diary Today in Washington Political and general news DATECOUNTRYAUCTION DETAILS6-JunUnited Kingdom Auction of 0 1/2% Treasury Gilt 20226-JunNetherlandsDTC auction6-JunJapanAuction of 30-year government bonds7-JunGermanyAuction of 5-year Federal notes7-JunSweden Auction of Treasury bills7-JunJapan6-month discount bill...Read More
June 6 (Reuters) -For other diaries, please see:Top economic events Government debt auctions Political and general news events Index of all diaries Guide to economic indicators -----------------------------------------------------------This Diary is filed daily.** Indicates new events. -----------------------------------------------------------TUESDAY, JUNE 6** SHANGHAI - Euromoney China finance c...Read More
June 6(Reuters) -For other diaries, please see:U.S. Federal Reserve Polling unit diary Today in Washington Political and general news -----------------------------------------------------------This Diary is filed daily. ** Indicates new events----------------------------------------------------------- TUESDAY, JUNE 6MADRID - Bank of Spain Governor Luis Maria Linde speaks before the Senate Budget C...Read More
Wall Street wasn't able to extend a record-breaking streak into a third session on Monday as a terror attack in London and lower oil prices teamed up to take down stocks. The S&P 500 was down 0.12%, the Dow Jones Industrial Average fell 0.10%, and the Nasdaq decreased 0.16%. Still, stocks held close to records with market reaction to terrorism appearing restrained and cautious. Wall Street...Read More