Gold Surges on China's Economic Data Release

Ahead of tonight's grand unveiling of what Beijing wants the world to think about its economy, the market was active with Gold soaring at the China open for the third day in a row... ...and the Yuan fix notably lower again... Ahead of the GDP print, we saw both new and existing home prices released by the statistics bureau for March showing price drops have slowed on a month-on-month basis... China March New Home Prices Fall 0.08% M/M China March Existing Home Prices Fall 0.23% M/M Of course, tonight's data tsunami is pre-Liberation Day Tariffs…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com