Gold prices rose to a seven-week high on Tuesday to close at 1279.4 basis December futures, after U.S. economic data showed lukewarm inflation and nearly flat consumer spending, raising the question of whether the Federal Reserve will raise interest rates in the coming months.
One hour after beginning a new job which involved moving a pile of bricks from the top of a two story house to the ground, a construction worker in Peterborough, Ontario suffered an accident which hospitalized him.
The July 12, 2017, World Agricultural Supply and Demand Estimates (WASDE) provided commodity markets with a shock when it changed its estimates of corn planted acres from the 90.0 million acres it had used in recent reports to 90.9 million acres.
Hedge funds lost their preference for grains over soft commodities, as fears over North American wheat crop losses went off the boil, while comfort over supplies of the likes of cocoa and cotton supplies waned.
After the CBOE Volatility Index (VIX) fell Wednesday to a new all-time low --and, in the process, extended a record-setting streak below the 10 level -- a Seeking Alpha headline hit the wires that seemed to effectively sum up Wall Street's collective response: "Volatility Has to Go Up Now, Right?"
It's been a while and lots of ships have passed under the bridge, including an unnecessary election in the UK, the sacking of 12 White House staff members for various "misdemeanours" but mainly for disagreeing with he who must be obeyed, an iterest rate rise in the US and the "successful" launch of yet another North Korean missile