I posted this on gold a little earlier:
UBS like gold higher, point to history indicating up to a further 10% rise
UBS riding the trend. Gold has just hit a fresh record high:
This article was written by Eamonn Sheridan at www.forexlive.com.
South Korea 1 – 20 October trade data: Exports -2.9% y/y semiconductor exports +36.1%cars -3.3%to China + 1.2%to the United States -2.6% to the European Union -8.9% Import -10.1% y/y Info via Reuters. – While exports declined y/y in October this comes after the September data showed exports rose for the 12th month in a...
Via Nick Timiraos at the Wall Street Journal, a sneak peek early look at PCE inflation forecasts. Timiraos adds: Economists who map the CPI and PPI into the PCE think core inflation for the Fed’s preferred gauge will be around 0.26% in September, a touch below the Sept CPI (which was 0.31%) but the highest...
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