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Guest Commentary: Gold & Silver Daily Outlook 07.18.2012

By  Lior Cohen: Commodities Analyst

18-07-2012

Bullion edged down again for the second consecutive day. The recent testimony of Bernanke didn't offer any hints of the future steps of the FOMC.





Date Time Currency Impact Detail Actual Forecast Previous
8-Oct 02:00 EUR    German Trade Balance Sky Line Brokers 18.3B 15.8B 16.1B
8-Oct 02:00 EUR    German WPI m/m Sky Line Brokers N/A 0.4% 1.1%
8-Oct 03:15 CHF    CPI m/m Sky Line Brokers 0.3% 0.3% 0.0%
8-Oct 04:30 EUR    Sentix Investor Confidence Sky Line Brokers -22.2 -20.6 -23.2
8-Oct 06:00 EUR    German Industrial Production m/m Sky Line Brokers -0.5% -0.7% 1.2%

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SLBFX
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Syrmbol Bid Ask Change  

EURUSD

1.2838

1.2840

GBPUSD

1.5188

1.5190

USDJPY

102.70

102.72

USDCHF

0.9695

0.9697

AUDUSD

0.9778

0.9780

USDCAD

1.0282

1.0284

EURGBP

0.8451

0.8455

EURJPY

131.84

131.88

EURCHF

1.2447

1.2451

GBPJPY

155.97

156.05

GBPCHF

1.4723

1.4731

XAUUSD

1345.00

1345.50

SLBFX