Chicago PMI Falls Into Contraction Territory In September
(Kitco News) – The headline index for the Chicago Business Barometer, widely known as the Chicago Purchasing Managers Index (PMI), has fallen into contraction territory, missing expectation, according to a report released Wednesday
Read moreEurozone inflation drops below zero as prices fall by 0.1%
A slump in oil prices pushed eurozone inflation below zero this month, according to figures from Eurostat, the statistical office of the EU.
Read moreMarkets Are ‘Overpriced,’ Investors Buying Dangerous Securities – Icahn
According to one billionaire, markets are ‘overpriced.’
Barrick Offers To Buy Back Debt, Closes Streaming Agreement With Royal Gold
Barrick Gold Corp. (NYSE, TSX: ABX) is offering to buy back as much as $750 million of its outstanding debt.
Read moreGold Lower on Chart-Based Selling, China Stockpiles News
Gold is modestly lower and hit a two-week low in early U.S. trading Wednesday.
Read moreADP Shows 200K Private Sector Jobs Created In September
Kitco News reports on Septembers ADP private payrolls rolls report
Read moreWorld Stock Markets Stabilize Today.
Gold prices Are lower again and hit a two-week low today, as the near-term Technical posture for gold has deteriorated this week.
Read moreThe 6pm Recap With Gary Wagner: Perhaps The Markets Are Finally Reflecting What Many of Us Have Known All Along
Consumer spending has been flat except in few sectors (auto buying, home improvement) even though consumer sentiment has been strong.
Read moreVW Scandal Pushes Platinum:Gold Spread Near Highest Level Since 1987
Platinum markets continue to suffer as the fallout from Volkswagen’s (VW) emission scandal continues to grow, with Switzerland being the latest country to ban the sale of some diesel model vehicles.
Gold Lower on Bearish Chart Posture, Lack of Safe-Haven Interest
Gold prices ended the U.S. day session modestly lower Tuesday.
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