Today we will expect volatility as all eye on upcoming data after FOMC statement.
Today's
data are
US
unemployment change and Advance GDPq/q basis at 6 pm. Previous unemployment
change stood at 247k and this time forecast is of 258k. Forecast figure seems
to be positive for bullion and negative for base metals
While
Advance GDP q/q basis stood at 1.4 and this time forecast is of 0.7. Forecast
figure for this data too seems positive for bullion and negative for Dollar
There
is also Natural gas storage data at 8pm. Previous data stood at 7B and this
time forecast is of 71B. Forecast figure seems negative for Natural gas.
Trade
with levels only...
More will update soon.
