MARKET UPDATES

3 August 2017, 10:22
Mohammad Soubra
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MARKET UPDATES


*Gold prices may shrug off the service-sector ISM survey and another round of commentary from Fed officials, waiting for Friday’s payrolls data for direction. 

*NZ Dollar fell with local bond yields, hinting at ebbing RBNZ rate hike outlook.

*US Dollar Index printed a fresh 1-year low during the American session.

*GBP/USD-The bulls are seen trying hard to defend 1.32 handle so far this Thursday, as the US dollar regains ground broadly and reverts towards 93 handle, after yesterday’s sell-off to fresh 15-month lows of 92.41.
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