Gold Lower As Stocks Scale New Heights

Gold futures were lower Thurdsay morning as stocks were set for another solid session on Wall Street. Gold was down $4 at $1285 an ounce, unable to sustain yesterday’s gains. Federal Reserve Chair Janet Yellen will deliver a lecture on “Monetary Policy Since the Financial Crisis” at the NEC Herbert ...

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Crude Oil Slumps Below $51

Crude oil futures were lower Friday morning as the dollar continued to steady versus major rivals. Upbeat US economic news and political turmoil in Spain have helped the dollar, putting a cap on commodities. WTI light sweet crude oil was down 40 cents at $50.89 a barrel, easing further from ...

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Loonie Mixed Ahead Of Canada CPI, Retail Sales

Statistics Canada will release Canada inflation for September and retail sales for August at 8:30 am ET Friday. Ahead of these reports, the loonie traded mixed against its major rivals. While the loonie rose against the greenback, it retreated from early highs against the rest of major counterparts. The loonie ...

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UK Logs Decade Low Budget Deficit For September

The UK budget posted the smallest budget deficit in a decade for the month of September, suggesting that the borrowing is on the course to undershoot the full-year target. Public sector net borrowing, excluding banks, decreased by GBP 0.7 billion from the previous year to GBP 5.9 billion in September, ...

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Loonie Falls After Canada CPI, Retail Sales

Following the release of Canada inflation for September and retail sales for August at 8:30 am ET Friday, the loonie slipped against its major rivals. The loonie was trading at 1.4824 against the euro, 90.19 against the yen, 1.2549 against the greenback and 0.9849 against the aussie around 8:32 am ...

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