Stock markets were mostly mixed today as traders closely monitored global trade developments. The Dollar remains supported by the widening interest rate differentials while Sterling continues to be pressured by Brexit related uncertainty. In the commodities arena, Gold has extended losses amid a firmer Dollar. With the economic calendar relatively light today, currency and stock markets may be dictated by ongoing trade developments.
Stock markets were mostly mixed today as traders closely monitored global trade developments. The Dollar remains supported by the widening interest rate differentials while Sterling continues to be pressured by Brexit related uncertainty. In the commodities arena, Gold has extended losses amid a firmer Dollar. With the economic calendar relatively light today, currency and stock markets may be dictated by ongoing trade developments.
• #Gold prices have breached below $1260
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