United States Chicago Purchasing Managers' Index came in at 46.2 below forecasts (53) in May

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May 29, 2015

Treasury yields drop after US GDP revision

The contraction in the US economic activity in the first quarter reported today has investors shifting their money into safe haven treasuries, leading to a drop in the short and long duration yields.

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May 29, 2015

Gold witnesses moderate gains

Gold prices advanced to USD 1193.40/Oz as the drop in the Q1 US core personal consumption expenditure (pce) weighed over the US dollar.

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