Gold near two-month low

Note: This section contains information in English only.
Source: Bloomberg
Gold fell for a second day leading to a monthly drop as the U.S. economy expands further, thus increasing the possibility of an interest rate hike. Immediate delivery price declined 0.4% to $1,291.57 an ounce, the lowest during the last week. A fourth consecutive day loss could create the longest streak since June.
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Thu, 31 Jul 2014 09:20:14 GMT

Japan wages increase less than projected

Japan's wage growth decelerated in June, underlining the risk to consumer expenditure as inflation compresses household budgets in the country's economy. Average total monthly earnings grew 0.4% from last year as compared to a 0.6% gain in May, whereas the wages jumped 0.3% excluding bonuses and overtime. Japan's Prime Minister Shinzo Abe says wages have to grow quicker than inflation to boost the economic recovery.

Thu, 31 Jul 2014 08:58:13 GMT

GBP/USD slips on firm U.S. growth report

The Sterling depreciated against the Greenback following the data the U.S. economy overshoot the expectations in the second quarter, fueling rumours the Fed will increase interest rates earlier than projected. The Cable was trading at 1.6900 during the U.S. trading session, above the low at 1.6889 and below the high at 1.6955. The Commerce Department announced the U.S. GDP grew at the annual rate of

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