Stocks, U S futures mixed with data in focus bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Gold headed for the biggest monthly advance since July, with inflation risks in focus ahead of key U.S. jobs data due later this week that will offer clues on the economic recovery.
U S futures, stocks decline with jobs data in view bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
To view all features and options, click here.
A monthly subscription is charged pro rata, based on the day of purchase. This is non-refundable and includes a R5 once-off sign-up fee.
A yearly subscription is refundable within 14 days of purchase and includes a 365-day membership.
The central bank comments come as gold has rallied amid signs of rising inflation and a potentially uneven economic recovery. The metal has surged about 7% this month, bringing its 14-day relative strength index to levels that some analysts said signaled it may be due for a pullback.
âGold fell below the key $1,900 mark on Wednesday and remains on the defensive right now,â Ed Meir, an analyst at ED&F Man Capital Markets, said in a note. âSome profit taking was due given that goldâs RSI reading is still at a relatively overbought reading.â