Gold keeps increasing onweak ADP report

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Source: Marketwatch
Gold futures kept gaining on Wednesday following less-than-predicted private sector payroll rise, two days before non-farm payroll report that might provide information about when the Federal Reserve will weaken its economic stimulus. The August gold contracts increased 0.5% to $1,403.60 an ounce.
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Wed, 05 Jun 2013 16:35:56 GMT

U.S. stocks open lower following ADP report

U.S. shares traded lower as a report indicated the increase of payrolls was not enough to minimize concerns the Fed may taper its economic stimulus. The Dow Jones Industrial Average declined 0.37% to 15,122.13 and the S&P 500 Index fell 0.39% to 1,624.94, and the Nasdaq Composite Index dropped 0.42% to 3,430.93.

Wed, 05 Jun 2013 13:47:08 GMT

Dollar remains weak against Yen following ADP data; Euro gains

The U.S. Dollar reached the weakest a session low versus the common currency and the Japanese Yen on Wednesday as data indicated less-than-expected private sector payrolls were created in he U.S. last month. The report showed only 135,000 new jobs were created instead of 165,000 predicted. The 17-nation currency advanced versus the greenback to $1.3114 following the data.

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