London Wrap: metals slide as Nasdaq climbs 1.4%
Precious metals fell across the board with palladium down 4.2% and gold off 1.5%, while the Nasdaq 100 rose 1.4% and the Nikkei added 1.1%.
Latest News
Stay updated with the latest forex, metals, and indices market news.
Articles
Economy
US Core Retail Sales in focus: 0.2% forecast after -0.2%
US Core Retail Sales m/m lands at 12:30 UTC on Aug 14, forecast 0.2% versus -0.2% prior. What it measures and how USD-linked instruments are trading now.
The Daily Bullion: Nasdaq leads while gold and silver slip
US tech opens the day higher with the Nasdaq 100 up 1.37% and the Nikkei up 1.12%, while gold, silver and platinum all retreat. FX majors sit flat.
Markets
What to Watch: US Retail Sales and Consumer Sentiment
A US-focused calendar: retail sales and preliminary UoM consumer sentiment and inflation expectations headline the next 24 hours, all in dollars.
New York Wrap: Nikkei leads, metals climb, alts sink
The Nikkei 225 jumped 1.88% and gold and silver each rose 0.83%, while Cardano and Dogecoin led a broad crypto retreat into the US close.
London Wrap: Nikkei jumps 1.88%, metals firm
The Nikkei led global gains at +1.88% while gold and silver each added 0.83%. European indices drifted flat and crypto slid, with ADA and Dogecoin down over 3%.
Crypto
Crypto majors slip after US PPI inflation release
Altcoins eased against the dollar after the US PPI and Core PPI reports landed at 12:30 UTC, with UNIUSD leading a modest pullback.
Economy
US Core PPI in focus: forecast 0.3% vs 0.2% prior
US Core PPI m/m lands at 12:30 UTC on Aug 13, forecast 0.3% vs 0.2% prior. What it measures and how USD-linked instruments are trading now.
Forex
Pound slips after UK GDP m/m release
Sterling edged lower across the board after the UK GDP m/m data landed at 06:00 UTC, with GBPUSD leading a modest decline in our M15 feed.
The Daily Bullion: Nikkei jumps 1.9%, gold and silver climb
The Nikkei 225 led global gains at +1.9% while gold and silver each rose 0.83%. Crypto stayed soft, with Cardano and Dogecoin down over 3%.
Markets
What to Watch: US PPI and UK GDP Lead the Session
US Core PPI and PPI at 12:30 UTC and UK GDP at 06:00 headline the next 24 hours, with jobless claims and RBA's Bullock also on deck.
Energy
New York Wrap: Crude Extends 11% Weekly Run as Metals Slip
Oil closed higher again to cap a double-digit weekly run, while gold and silver eased and US equities dipped. Full New York close wrap.