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US durable goods orders rise more than expected
At 12:30 GMT, the US economy released its reading for the durable goods orders index, which rose by 7.3% in June, better than forecasts of 7%, while the index rose by 15.7% in the previous reading.
The core reading (excluding transportation items) rose by 3.3%, less than forecasts of 3.5%, while the previous reading showed a rise by 3.7%.
Silver jumps to 7-year peak, poised to rise further
Silver prices jumped on Monday to a 7-year peak, extending gains for the second straight day, amid expectations to rise further, after gold hit a new all-time high, and silver hasn't done as well.
MoreEurope tumbles to 2-week low as travel sector comes under pressure
European stocks fell on Monday, to deepen losses for the fourth straight session, hitting nearly a 2-week low, due to a large drop in the travel and entertainment sector following the UK's decision to quarantine travelers returning from Spain after the surge in coronavirus infections.
MoreGerman 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.
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