Gold Looks To US Data For Fed QE3 Guidance, Oil Outlook Clouded
Posted on August 17, 2012 at 05:00 AM EDT
Talking Points Crude Oil, Copper Outlook Clouded Amid Inconsistent Risk Trends Gold, Silver May Fall if UofM Data Weighs on QE3 Bets, Boosts Dollar Commodity prices are treading water in European hours, with all eyes are on the University of Michigan gauge of US Consumer Confidence. Expectations call for the measure to edge slightly lower [...]

Talking Points

Crude Oil, Copper Outlook Clouded Amid Inconsistent Risk Trends
Gold, Silver May Fall if UofM Data Weighs on QE3 Bets, Boosts Dollar

Commodity prices are treading water in European hours, with all eyes are on the University of Michigan gauge of US Consumer Confidence. Expectations call for the measure to edge slightly lower to 72.2 in August from 72.3 in the prior month. Traders will look to the report to gauge the degree of follow-though on July’s stronger-than-expected … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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