Gold price a bit weaker as FOMC minutes on deck

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

Today is the busiest day for U.S. economic data this holiday-shortened trading week, including the minutes from the last FOMC monetary policy meeting, to be released in the early afternoon. The minutes may contain a few new clues on the future path and timing of Fed monetary policy. U.S. markets are closed on Thursday for the Thanksgiving holiday.

Meantime, the Euro zone reported its November manufacturing purchasing managers index at 47.3, which was slightly above market expectations and compares to the October reading of 46.4. Still, a reading below 50.0 suggests contraction in the sector. It was the fifth month in a row of manufacturing sector contraction for the Euro zone.

Other U.S. economic data due for release Wednesday includes the weekly jobless claims report, the weekly MBA mortgage applications survey, durable goods orders, the U.S. flash services and manufacturing purchasing managers indexes , new residential sales, the University of Michigan consumer sentiment survey and the weekly DOE liquid energy stocks report.

Source: Financial Digest (financialdigest.net)

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold, silver see price gains as U.S. dollar index slips, crude oil upSenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Senior Living: It’s all rock and roll to me!Love of music came years ago and continues to this very day
Source: OttawaCitizen - 🏆 21. / 68 Read more »

VicPD seeks missing high-risk senior with condition that causes confusionVictoria Police say Thomas Pringle has been missing since 12:20 p.m. on Monday and that he has a medical condition that can cause confusion.
Source: CHEK_News - 🏆 59. / 55 Read more »

Letters to The Sun, Nov. 22, 2022: Senior levels of government must deal with climate changeRe:
Source: VancouverSun - 🏆 49. / 61 Read more »

National Gallery of Canada lays off 4 senior staff members | CBC NewsCiting ''restructuring,' the National Gallery of Canada has let go of four senior staff members, including its longtime Indigenous arts curator and its chief curator, according to an internal memo sent to staff Friday. Who needs culture in the golden age of Trudeau! Put a moderna clot factory in place of that art gallery I wonder if they made a choice to not have the right opinions and have been made to suffer the consequences of said choices
Source: CBCNews - 🏆 2. / 99 Read more »

Stage being set for upcoming Canadian Senior Curling Championships in Yarmouth | SaltWireYARMOUTH, N.S. — Canada’s best senior curling teams will be competing for the 2022 Everest Canadian Senior Curling Championships at the Mariners Centre and ...
Source: SaltWire Network - 🏆 45. / 63 Read more »