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Wall Street erases gains, closes week with small gains

Although major equity indexes were higher for the majority of the session, they started to erase their gains in the last hours of trading as investors cashed in their profits. Technology stocks stole the spotlight on Friday as solid performances of giants like Apple, Facebook, and

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US: Key economic reports ahead – Danske Bank

Analysts from Danske Bank take a look into next week economic releases in the United States.  Key Quotes:  “In the US, Friday of the coming week brings PCE inflation figures for May. PCE inflation has fallen quite substantially over the past couple of months and

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Gold consolidates daily gains above $1250

After rising to a fresh weekly high at $1259 against the USD, the precious metal went into a consolidation phase in the late NA session and is now trading at $1256, up 0.44%, or $5.5, on the day. Despite dovish comments from today’s Fed speakers,