Gold trades flat ahead of the European open kitconews gold silver finance economics investing metals mining
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! Indices were mixed in the Asia Pac area as the Nikkei 225 and Shanghai Composite moved higher but the ASX fell 0.56%. Futures in Europe are indicating mixed open.
In FX markets, the greenback moved lower overnight. The biggest mover was AUD/USD which rose 0.60%. In the crypto space, BTC/USD fell 3.21%. U.S. Senate majority leader Schumer said the Senate is to hold the first procedural vote for the CHIPS act on Tuesday. Concern about China's economy mounting with new COVID cases reported near 700.U.K. June payrolls change +31k vs +90k prior.Looking ahead to the rest of the session highlights include EZ CPI, earnings, and comments from BoE's Baliey.
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