Economic Data Coming up in the European Session – Neal Bhai

0600 GMT – Germany May industrial production data
Prior release can be found here. A minor data point, but will be put together with factory output/orders data to provide a glimpse of sentiment towards the German economy. So far, things haven’t been going well (hence downward GDP forecast revisions) so let’s see if the softness is continuing.

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Gold Traders Await FOMC Meeting

US Weekly Jobless Claims Decrease To 247,000

economic indicaorsGold Silver Reports — US Weekly Jobless Claims Decrease To 247,000 — US first-time claims for unemployment benefits saw a modest decrease in the week ended July 8th, according to a report released by the Labor Department on Thursday.

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Reliance Jio to Start Charging for Data

Reliance Jio to Start Charging for Data - neal bhai reports

Gold Silver Reports — Reliance Jio to Start Charging for Data — Mukesh Ambani’s Reliance Jio Infocomm Ltd vowed to offer cheaper tariffs than rival operators when it ends free services to its 100 million subscribers on 31 March, as India’s newest telecom operator seeks to retain users.

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