LT yields yesterday continued recent reacceleration. This tells at least as much on current market momentum as on the news that served as an explanation. Regional German May inflation published throughout the day were soft (0.1% M/M). At 0.2% M/M HICP inflation also decelerated markedly (0.6% in April), but due to base effects, Y/Y inflation jumped from 2.4% to 2.8%.
Gold Analysis Today 30//5: Bulls Strong Control (Chart) dailyforex.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyforex.com Daily Mail and Mail on Sunday newspapers.
Dollar Falls on Dovish US Economic News and Lower Bond Yields biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
Dollar Drops as Bond Yields Fall on Weak US Economic News biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
Gold and silver futures hit new highs, fueled by Fed policy expectations and strong demand. Gold peaked at $2450.80/oz, while silver rose above $32/oz.