Gold futures’ recent high was $2,694.75, which means that gold is just 1.3% away from its upside target – almost right at it.
Market continues to overestimate Fed easing with the central bank pushing back against dovish expectations.
US data second-tier but positive; Taiwan mixed; China's stimulus gets variable responses; Sweden cuts again; Aussie inflation falls; UST 10yr 3.79%; gold up again and oil down, NZ$1 = 62.7 USc; TWI = ...