German ZEW data indicates a positive outlook

(Kitco News) - German ZEW survey expectations for January jumped to hit 51.7 vs expectations of 32.0 the previous reading was 29.9. The current conditions were relatively poor printing at -10.2 worse than the estimates of -8.8.

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Gold and silver edge lower heading into the European open

(Kitco News) - As U.S. fixed income yields rose overnight the USD strengthened and this sent gold (-0.24%) and silver (-0.18%) lower. In the rest of the commodities complex, copper trades -0.22% in the red while spot WTI bucked the trend to push 1.57% higher.

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