All
 

 

Just in:  

You are here: Home»Markets»Commodities»Americas»US gold down after nonfarm payrolls, copper higher

gold-barNEW YORK: US gold futures fell as the dollar jumped after an encouraging US nonfarm payrolls report, while copper contracts remained higher.

FUNDAMENTALS

US gold futures turned negative after a better-than-expected jobs report boosted the dollar, erasing initial gains due to optimism surrounding Greece's debt swap.

US employment grew solidly for a third straight month in February, a sign the economic recovery was broadening and in less need of further monetary stimulus from the Federal Reserve.

Copper futures remained higher, as investors digested the jobs report.

Copper prices were already spurred by expectations that China could ease monetary policy further and boost demand for industrial metals after inflation slowed.

MARKETS

The euro fell nearly 1 percent against the dollar as profit taking quickened pace after the nonfarm payrolls report.

Brent crude dipped with the Greek bond swap out of the way after the US employment report.

Copyright Reuters, 2012


 



 
Index Closing Chg%
Arrow DJIA 16,374.76 0.14
Arrow Nasdaq 4,733.50 0.35
Arrow S&P 1,951.13 0.12
Arrow FTSE 6,194.10 1.82
Arrow DAX 10,317.84 2.68
Arrow CAC-40 4,653.79 2.17
Arrow Nikkei 18,182.39 0.48
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,764.78 1.22





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln