US Housing starts and building permits for the month of May 2020 – US housing starts 974K vs. 1100K estimate – prior month revised higher to 934K vs. 891K previously reported
There is a risk of disappointment on the Gold market if market participants have to scale back their expectations of rapid interest rate cuts, according to strategists at Commerzbank.
The Canadian Dollar gained with crude oil prices as financial stocks lead the Dow Jones higher. Ahead, Asia Pacific equities may rise which could bode well for the Australian Dollar.
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