London Wrap: Gold and Silver Lead a Metals Surge
Precious metals dominated the European session as gold jumped 4.2% and silver 4.3%, while European indices softened and the dollar eased broadly.
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Articles
US jobless claims in focus: 203K forecast vs 197K prior
US Unemployment Claims land at 12:30 UTC on 6 Aug, forecast 203K vs 197K prior. Here's what the release measures and how USD-linked instruments trade now.
The Daily Bullion: Gold and Silver Both Jump Over 4%
Precious metals lead the tape as gold clears $4,244 and silver tops $61. The dollar softens, crypto is mixed, and European indices open on the back foot.
Forex
What to Watch: US Unemployment Claims
The US calendar is thin over the next 24 hours, with weekly jobless claims at 12:30 UTC the sole scheduled release carrying market weight.
Energy
New York Wrap: PGMs Surge as Oil Slides and Nasdaq Leads Stocks
Platinum and palladium jumped over 6% while crude sank nearly 6% and the Nasdaq 100 led US stocks up 2.9% into the close.
Energy
London Wrap: PGMs Surge as Oil Sinks Nearly 6%
Platinum and palladium jumped over 6% while crude slid almost 6% into the London close. Wall Street indices rallied hard, led by the Nasdaq 100.
ADP employment in focus: forecast slips to 68K from 98K
The US ADP Non-Farm Employment Change lands at 12:15 UTC on Aug 5, with a 68K forecast versus 98K prior. Here's what it measures and how markets trade.
Energy
The Daily Bullion: Platinum and Palladium Rip While Oil Slides 6%
Precious industrial metals lead the tape with platinum and palladium up over 6%, US equities surge, and crude oil sheds nearly 6% at the open.
Forex
What to Watch: US ADP Jobs and ISM Services Headline the Day
A US-centric calendar: ADP private payrolls, ISM Services PMI and remarks from President Trump all land within a single session. Times in UTC.
Forex
NZD slips after New Zealand jobs data
The New Zealand dollar eased across the board after the Q2 employment and unemployment release landed at 22:45 UTC, led by NZD/USD.
Indices
New York Wrap: Wall Street Adds 1% While UNI Sheds 6%
US indices closed higher across the board with the S&P 500 up 1.07%, as Uniswap led crypto losses and precious metals slipped into the close.
Forex
London Wrap: European indices rally as yen firms across the board
European equities close broadly higher led by the Euro Stoxx 50, while the yen strengthens across FX and crypto sees Polkadot and Cardano outperform.