Gold prices may drop even if nonfarm payrolls growth proves soggy as long as wage inflation remains elevated, beckoning the Fed to scale back QE and boosting the US Dollar.
The Dow Jones gained, boosted by energy stocks as WTI crude oil prices almost touched a one-month high. The Hang Seng Index confirmed a breakout above a key falling trendline…
The Australian Dollar is looking to close out a bullish week of trading, with several domestic data prints on deck for Friday's Asia-Pacific session. However, the US non-farm payrolls report…