Gold trades higher ahead of the European open kitconews gold silver mining economics metals finance investing
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! Risk sentiment overnight was pretty good. The Nikkei 225 and Shanghai Composite both pushed higher but the ASX struggled. Futures markets are indicating a positive cash open in Europe.
In FX markets the biggest mover was NZD/USD which rose 0.29%. In the crypto space, BTC/USD is 0.37% higher at $22,893.China locks down areas of the city of Sanya due to COVID-19.China state financial media says infrastructure investment is expected to increase 11% y/y.Russia is said to be using Egypt’s El Hamra oil terminal to bypass sanctions on oil shipment.Germany June factory orders -0.4% vs -0.8% m/m expected.
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