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Gold does not seem to know what to do after US jobs report
Perhaps you might have expected Gold to lift as the dollar fell back with US yields right after the release of the US jobs report? Well, perhaps it should have, but so far it is making a pretty poor job of it. The price action has been lively all the same and we have a number shifts and shunts in between 2,635 and 2,645. Perhaps surprisingly Gold has not yet taken advantange of the fact that US yields have fallen back a bit further this afternoon, as has the USD/JPY. Look, if gold cannot do better than this, then the writing might be on the wall? In fact the metal is now lower, currently trading at $2,633.70
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Gold takes another hit
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Nasdaq 100 opens in the red
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US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
