Gold advances after U.S. retail data

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Gold advanced as retail sales in the U.S. increased less than projected in June, fueling speculation the Fed will continue monetary stimulus to support growth of the economy. Gold futures for August settlement gained 0.6% to $1,284.80 an ounce as of 10:11 a.m. on the Comex in New York. While silver futures for September delivery added 0.3% to $19.85 an ounce after the last week's jump of 5.6%
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Mon, 15 Jul 2013 19:40:06 GMT

Major stock indexes mixed as economic data inconclusive

Today two reports were released: one showed that U.S. retail sales rose 0.4% in June, less than expected, while other report said general business conditions index climbed unexpectedly from 7.80 to 9.50 in July, implying improving manufacturing activity. Main averages reacted differently on the data. The Dow gauge climbed less than 0.1%, the Nasdaq fell 0.1% ans S&P 500 decreased

Mon, 15 Jul 2013 19:18:10 GMT

New York Manufacturing Gauge climbs to 5-month high

New York general business condition gauge climbed from 7.80 in June to 9.50 in July, signaling an advance in manufacturing activity in the region. Economists were surprised by the data since the expected value was only 5.0. The gauge has reached the highest level since February when it was 10.0. Also future general business index rose from 25 to 32

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