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(Kitco News) – Gold (0.30%) and silver (0.50%) are trading higher this morning. The yellow metal is again close to $ 1,800 an ounce, while silver is trading at $ 23.66 an ounce. In the rest of the commodity complex, copper gained 0.50%, while WTI spot lost -0.10% of its value.
Risk sentiment in the Asia-Pacific region was mixed yesterday. Nikkei 225 (0.67%) and ASX (0.11%) closed higher, while the Shanghai Composite closed 0.24% lower. Futures in Europe point to a positive opening.
In foreign exchange markets, the dollar index is down 0.19% ahead of the European session. The biggest movement overnight was in EUR / USD, which gained 0.20%. In the crypto space, the BTC / USD rate rose by just over 1% to $ 57,771.
Headlines in the morning:
FOMC minutes showed that some policymakers anticipate a faster pace of change in asset purchases.
The Chinese financial press reports that further financial support is expected.
South Korea’s central bank is raising its benchmark rate by 25 basis points to 1% (as expected).
Finance Minister Freeland of Canada said he will provide an update on financial information in the fall.
Australia’s main capex in Q3 -2.2% qoq (versus the expected -2%).
The final GDP of Germany for the 3rd quarter is + 1.7% against + 1.8% q / q preliminary.
Germany: GfK consumer confidence index for December -1.6 against the forecast of -0.5.
Japanese producer price index in the services sector in October 1% y / y (1.2% was expected, previously 0.9%).
New Zealand exports NZ $ 5.35 billion in October (previous $ 4.4 billion) and imports NZ $ 6.64 billion (previous $ 6.57 billion).
Looking to the future, we note that the highlights of the session include the ECB minutes, the Riksbank rate decision, comments from the ECB Lagarde, Elderson and Schnabel. US markets are closed for Thanksgiving.
Disclaimer: The views expressed in this article are those of the author and may not reflect the views Kitco Metals Inc. The author has made every effort to ensure the accuracy of the information provided; however, neither Kitco Metals Inc. nor the author can guarantee this accuracy. This article is for informational purposes only. This is not a call for the exchange of goods, securities, or other financial instruments. Kitco Metals Inc. and the author of this article is not responsible for loss and / or damage arising from the use of this publication.