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Gold Inches Toward $1300 Ahead Of Inflation Data

13 August 2017

Banks and retail chains were also among the big decliners.

"There is a continuation of flight to the safe havens after remarks on Thursday evening from Trump about North Korea", said Quantitative Commodity Research consultant Peter Fertig.

"Amid tensions in the worldwide arena, it's hard to seek higher prices ahead of three days of holidays", Kawaguchi said.

Nasdaq 100 e-minis were down 17 points, or 0.29 percent, on volume of 36,232 contracts. Regions Financial shed 23 cents, or 1.6 percent, to $14.07.

U.S. President Donald Trump said on Thursday afternoon that his earlier warnings to North Korea may not have been tough enough. The move added to escalating U.S.

Conte Tips Rudiger For Moses Role Vs Burnley, Shades Wenger, Praises Morata
Chelsea are concerned that they will be unable to sell striker Diego Costa because he has become "too fat", according to the Sun . It was definitely not the start to a title defence Chelsea fans would have expected as Burnley took a shock lead.

If North Korea launches an attack that threatens the US, China should stay neutral, but if the US attacks first and tries to overthrow North Korea's government, China will stop them, a Chinese state-run newspaper has said. Markets in greater China mirrored the slide in global equities.

USA stocks closed slightly lower Wednesday, making up much of the ground they lost earlier following a rare batch of earnings disappointments by Walt Disney and other big companies. The fact that ended with a 1%-plus drop, however, might be good news.

Kohl's, another department store chain, slumped 8.9 percent after reporting that second-quarter sales dipped 0.9 percent compared with the year-ago period.

Heading into Thursday, some 89 percent of the companies in the S&P 500 had reported quarterly results. The stock fell $2.25 to $20.79. Its shares tumbled $11.35 to $61.99. Rival Advanced Micro Devices was also down 3.4 percent. The stock fell $1.07 to $5.17.

OPEC pumped more oil in July as global oil supplies rose for the third straight month, the IEA said Friday, giving figures that cast further doubt on the cartel's pledge to cut output to raise prices. Prices for bonds and gold headed higher.

Did the Game Of Thrones director just reveal Jaime Lannister's fate?
In addition to the promo for Season 7, episode 5 , HBO has released eight new photos for " Eastwatch ", which can be viewed below. From The Battle of the Bastards, Blackwater to Hardhome , " Game of Thrones " always gets it right with its battles.

OIL: Crude oil gave up early gains.

The franc reversed a two-week losing streak and gained 1.1% to as firm as 0.9611 per dollar. It added 39 cents to $49.56 a barrel on Wednesday.

Silver was almost flat at $17.08 per ounce after hitting $17.24, its highest since June 14 in the previous session. The September copper contract was down two cents to $2.91 a pound.

South Korea's won currency dropped 0.9% against the dollar. The next possible support for the euro-franc pair is seen around the 1.10 mark.

Several indexes closed lower overnight. Germany's DAX fell 0.9 percent, while the CAC 40 in France lost 0.5 percent. Alliance Data Systems fell $6.28, or 2.7 percent, to $225.64.

As North Korea-US tensions brew, safe-haven currencies rise
A separate report from the Labor Department showed an unexpected uptick in initial jobless claims in the week ended August 5th. In the United Kingdom , gold mining stocks Randgold Resource and Fresnillo were among the few to gain - up 2.8% and 4.9%.

Gold Inches Toward $1300 Ahead Of Inflation Data