Gold prices edged lower in early trade on Tuesday, as investors sold the yellow metal to lock in profits following the nearly one percent gain in the previous session. Comex gold futures slipped around $4.00, or 0.3%, to $1,277.33 a troy ounce by 3:45AM ET (0845GMT). The...
Read MoreYen slides, oil gains on Saudi purge By Ipek Ozkardeskaya, Senior Market Analyst LCG The week kicked off with limited appetite for stocks on news that Saudi’s billionaire Prince Alwaleed bin Talal, one of the world’s biggest investors, has been arrested in an anti-corruption purge in Saudi...
Read MoreThe Aussie dropped in Asia on Friday on disappointing retail sales as markets gear up for nonfarm apyrolls in the U.S. later in the day. In Australia, retail sales for September came in flat, compared to a 0.4% gain seen, while that gained 0.1% for the third quarter,...
Read MoreBy Shinichi Saoshiro The dollar pulled back from a 3-1/2-month high versus the yen and also fell back against the euro on Thursday, sagging ahead of a U.S. tax bill that will be unveiled after a one-day delay. The dollar slipped 0.25 percent to 113.920 yen. It had...
Read MoreFed, ADP data & FB earnings in focus By Ipek Ozkardeskaya, Senior Market Analyst LCG Nikkei rallied (+1.86%) in Tokyo, as Sony soared by 11.44% after announcing a record profit forecast. European markets took over a bullish market from Asian traders. The FTSE 100 (+0.43%) opened upbeat, as...
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