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Platinum falls for first session in four, dollar off two-year nadir
Platinum prices fell nearly one percent in Asian trade off August 19 highs as the dollar index climbed from April 2018 lows, ahead of US data later today.
As of 05:52 GMT, platinum prices fell 0.86% to $,938.64, while the dollar index rose 0.16% to 92.36.
From the US, private sector employment is expected up 1.25 million in August, compared to a 167K addition in July, while factory orders are expected up 6% in July.
Federal Reserve Bank of Cleveland President Loretta Mester will speak about the US economic outlook and monetary policy at the National Association for Business Economics seminar, via satellite.
White House chief medical adviser Anthony Fauci said there could be a Covid 19 vaccine sooner than expected, with initial results proving very promising.
Sterling jumps to 11-month peak against weaker dollar
The British pound rose against most major currencies on Tuesday, and hit an 11-month high against the US dollar, as investors rushed to risky currencies instead of the currently weak greenback.
MoreSilver closes higher, expands gains after August
Silver prices rose on Tuesday, despite the US dollar rise against most currencies, to expand profit after posting a strong monthly gain in August.
MoreUS crude inventories fall over 6 million barrels - API
The American Petroleum Institute (API) revealed today in preliminary data that the US crude inventories fell by about 6.4 million barrels during the past week, beating expectations of a drop by 1.2 million barrels.
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