From Chris Mullen at GoldSeek.com...
a few dollars in after hours access trade late yesterday before it fell back
near unchanged in Asia and then climbed back higher in London to find over $2
gains by early trade in New York, but it then fell back off in midmorning
trade, waffled on either side of unchanged for most of the rest of the day, and
ended with a gain of just 0.12%. Silver
rose over $13.00 in early New York
trade before it also fell back off by late morning, but it remained higher
throughout the day’s session and ended with a gain of 0.54%.
fell under €486, platinum lost $2 to $1,281, palladium remained unchanged at
$362, and copper fell another 4 cents to about $3.62.
silver equities traded mostly slight higher and ended with near 1% gains.
at 8:30AM EST brings July’s jobs data.
Nonfarm Payrolls are expected at 135,000, the Unemployment Rate is
expected at 4.5%, Hourly Earnings are expected at 0.3%, and the Average
Workweek is expected at 33.9. At 10AM is
the ISM Services report for July expected at 59.0.
mostly higher and ended with a slight gain as traders continued to debate
yesterday’s conflicting inventory report and it appears less likely that OPEC will
boost production anytime soon.
dollar rebounded versus the yen, but it fell versus the euro as the ECB kept
rates unchanged at 4.0% and unexpectedly indicated a likely rate hike next
month. The Bank of England also kept its
key interest rate unchanged at 5.75%.
found modest gains by the close on continued subprime concerns.
Nasdaq, and S&P rose on mostly strong earnings reports.