The yellow metal saw modest declines on Thursday and snapped the rally in 3 days. Gold fell during the European session and reached new daily lows around $ 1805-04 in the last hour. The metal failed to take advantage of this week’s rebound from the support area of ​​1790 and optimism …

China said on Thursday that it hope to implement the first stage of the trade agreement it reached with the United States and stressed its willingness to abide by the agreement despite the recent US sanctions on Chinese officials and companies. Chinese Foreign Ministry spokeswoman Hua Chunying told reporters at …

European stocks fell from their highest levels in a month as the tension between the United States and China weakened hopes of a rapid global economic recovery. Europe’s STOXX 600 was down 0.9% at 0800 GMT and London’s FTSE 100 also fell 0.9%, both partially giving-up yesterday’s gains. Weak earnings …

Oil prices retreated after OPEC + agreed to taper record supply curbs from August, although the drop had received some bailouts from the rapid recovery of US demand after crude inventories fell in. Brent fell 33 cents, or 0.8%, to $ 43.46 a barrel, with WTI down 42 cents, or …

Industry data showed on Thursday that European car sales fell in June compared to last year, although they showed an improvement since May we ease of Covid-19 and lockdown measures  Statistics of the European Automobile Manufacturers Association (ACEA) showed the registration of new cars in June decreased by 24.1% YoY …

Asian shares and US stock futures fell on Thursday, due to concerns about the trade tension between the United States and China and the economic cost of the Covid-19 waves. MSCI’s broadest index of Asia-Pacific shares outside Japan fell by 1.18%, while Tokyo’s Nikkei fell 0.74%. Shares in China fell …

Data published by the Office of National Statistics (ONS) showed that the UK official unemployment rate remained unchanged at 3.9% posted in May while the number of claimants count change fell unexpectedly last month. The number of people claiming jobless decreased by 28.1K in June, compared to expectations for +250K …

FX option expiries for July 16 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1320 519m1.1350 2.0bn1.1400 853m1.1435 570m1.1450 712m1.1550 880m – GBP/USD: GBP amounts         1.2510 369m  – USD/JPY: USD amounts          107.25 576m107.30 556m107.35 410m – AUD/USD: AUD amounts 0.6980 563m – NZD/USD: NZD …

Data released by the Federal Reserve on Wednesday showed industrial production in the U.S. increased 5.4% in June after expanding 1.4% in May. This reading was better than market expectations of 4.3%. Other details of the report revealed that manufacturing output rose 7.2% in June and capacity utilization improved to …

OPEC+ (OPEC and allies) is holding a Joint Ministerial Monitoring Committee (JMMC) meeting on Wednesday to decide oil output policy from August. The meeting will focus on easing output cuts to 7.7M bpd until December. This comes amid the slow recovery in the global economy that was hit by the …