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German business confidence rises more than expected in July
At 08:00 GMT, the IFO institute released its reading of the German business climate index for July at 90.5 points, higher than forecasts of 89.2, and also higher than the previous reading of 86.3. This data is positive for the Euro currency.
Gold consolidates above $1,900, hits all-time high
Gold prices rose in European trade on Monday, to extend gains for the seventh day, posting new record highs above the $1,900 barrier, thanks to strong safe-haven demand, and the US dollar's drop to 2-year low against its rivals.
MoreOil falls on US-China tensions
Oil prices fell in European trade on Monday, to resume losses after pausing on Friday, due to fears over the trade relation between the US and China, and OPEC-Plus easing its output cut starting August.
MoreEuro climbs above 1.17 for first time in two years
Euro rose on Monday against dollar for the seventh straight session, trading above 1.17 for the first time in two years following the historic financial rescue deal in Europe.
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