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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.

Play suspended at PGA Championships due to rain
Mickelson, 47, had played well at Quail Hollow when the Wells Fargo tournament was played here. His real danger will be Matsuyama, who looms as the first golfer from Japan to win a major.

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.

USA destroyer in South China Sea violated law, harmed security
Ma said that while China will continue its military activities, those "in the Sea of Japan are still not that many". This loss of confidence clearly erodes USA soft power and weakens ASEAN's bargaining position vis-a-vis China.

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.

Pep: Free-spending unsustainable
What is the team news? "I feel the same pressure as Barcelona when I arrived". We had one of oldest teams in Europe + not bought a full-back for years".

Gold Inches Toward $1300 Ahead Of Inflation Data