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10 August 2017 at 7:42 GMT
From the Floor: Gold gains as North Korea fears linger after flare-up
#SaxoStrats- • US-N.Korea standoff persists despite officials' efforts to downplay Trump's words
- • Gold hits eight-week high, silver also catches a bid
- • 'Good bullish sentiment across precious metals': Hansen
- • Key drivers for safe-haven demand are JPY, real rates and stock market: Hansen
- • Break of $1,295/oz resistance would trigger catch-up buying from funds
- • RBNZ keeps cash rate unchanged at 1.75%
- • RBNZ official says New Zealand needs a lower NZD for balanced growth: Hardy
- • RBNZ official's remarks probably a warm-up for intervention: Hardy
- • GBP has broken above pivotal 0.90 area in EURGBP
- • Glencore Q2 results in line with expectations; management says to bet on batteries
From the Floor will return to its full format on August 14.