Platinum falls for first session in four, dollar off two-year nadir

Economies.com
2 years ago

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. 

Commodities News

Gold News

Commodities

Gold prices edge up as dollar tapers off
10 hours ago
Gold prices rose on Monday mildly as the dollar weakens against most major rivals while markets ...
Brent Oil News

Commodities

Brent hits five-week high as Saudi production declines
15 hours ago
International Benchmark Brent rallied over 3% in European trade for the third straight session, ...
Gold News

Commodities

Gold edges down as dollar strengthens
18 hours ago
Gold prices fell in European trade for another session on track for two-month lows, as dollar ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Midday update for Brent oil 05-06-2023
18 hours ago
Brent oil price trades with strong positivity to move away from 76.80 level and reach the ...
Oil Analysis

Commodities

Midday update for Crude oil 05-06-2023
18 hours ago
Crude oil price rallied upwards strongly to start attacking 73.80 level, waiting to breach this ...
Silver Analysis

Commodities

Midday update for Silver 05-06-2023
18 hours ago
Silver price shows new negative trades to press on 23.50 level, waiting to break this level to add ...