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Sunday, February 25, 2018

Gold

Gold Weekly outlook Feb 26 to 2 March 2018


Gold Price lower edge on Friday its bad week since December 2017 as the dollar extended three years low.
US dollar make gold more expensive for buyers. The US index which measures greenback strength against a basket major currencies .
Gold future for April 2018 devilry settle down   0.17% at 1330.50$ on the comix division of
New York Stock Exchange .

Monday Feb 26

ECB head Draghi is due to testify  monetary policy meeting an inflation outlook before
The European Parliament Economic and monetary Affairs committee in Brussels.

Tuesday Feb 27

Fed Chairman Jerome Powell is to testify on the Semiannual Monetary Policy Report.
The U.S is release data on durable goods order and consumer confidence.
In Euroe zone Germany is release preliminary inflation data.

Wednesday Feb 28

China is to Publish PMI data on manufacturing and service sector grow.
New Zealand is to publish a report on business confidence.

Thursday March 1

The UK is to publish data on manufacturing activity.
The U.S is to publish watched report on personal income and spedning, which includes the personal consumption expenditures inflation data, the Fed's preferred metric for inflation.
Australia is to resale data on private capital expenditure.

Friday March 2

Canada is going to publish its monthly report on economic growth.
The US is to publish data on construction activity.

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