New York Wrap: Crude Cracks 4% as Gold Firms
Crude cracked nearly 4% into the New York close while gold, silver and palladium firmed and the dollar edged higher across the majors.
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Articles
London Wrap: Metals Firm as Oil Tumbles, Bourses Slip
Gold rose 1.3% and silver firmed as crude sank over 4% and Europe's bourses slipped, with the IBEX off 1.21% and crypto leading the losers.
Crypto
ADA leads crypto higher, gold lags, after US PCE data
Crypto climbed against the dollar after the US Core PCE and Final GDP release on Sept 30, with Cardano leading gains and gold lagging behind.
Core PCE in focus: crypto slides as gold climbs
US Core PCE lands at 12:30 UTC as the Fed's preferred inflation gauge; crypto pairs like LINK and Stellar slide while gold firms on our feed.
The Daily Bullion: Gold up 1.3%, crude drops 4%
Gold leads at $4,180.99, up 1.3%, as U.S. crude sinks 4% and the dollar firms against the majors. Bitcoin holds $83,375 while the alt tail slides.
Economy
What to Watch: Core PCE Leads a Packed US Data Day
US Core PCE inflation and final Q2 GDP headline a packed 12:30 UTC block, with German CPI at 06:29 and ADP payrolls ahead, then Trump speaks at 19:30.
Forex
AUDJPY leads uniform Aussie slide after CPI data
The Australian dollar eased evenly against all counterparts after the 01:30 UTC CPI release, with AUDJPY leading the decline at -0.53%.
New York Wrap: gold, silver and crypto all slide
Gold fell 3.43% and silver 4.84% into the New York close as crypto bled, led by GRT's 15% drop, while the dollar firmed and US equities slipped.
Crypto
London Wrap: altcoins crater as gold and silver slide
Altcoins led a risk-off session: GRT fell 15% and UNI 9%, while gold slid 3.4% and silver 4.8%. The dollar firmed and Wall Street drifted lower.
Forex
Aussie CPI in focus: forecast halves to 0.5% from 1.0%
Australia's monthly CPI is due 01:30 UTC with a 0.5% forecast, half the prior 1.0%. See how EURAUD, AUDCHF and other Aussie pairs are trading.
Crypto
The Daily Bullion: crypto slides, gold off 3.4%
Crypto opens broadly lower as GRT sinks 15% and UNI 9%; gold sheds 3.4% and silver 4.8% while a firmer dollar lifts USD/MXN.
Forex
What to Watch: Australian CPI leads the calendar
Australia's high-impact CPI headlines the next 24 hours at 01:30 UTC, after ECB's Lagarde, Canadian GDP and US confidence and JOLTS data.