Gold advances minimally, still under $1,250

FXstreet.com (Chicago) – Gold continues stalled after strong plunge to 4-month lows and is offered at $1,242.50 extending parallel action despite small reaction on worse than expected US data consumer price indexes.
Offered at $1,242.50, gold prints lows at $1,241.00 and highs at $1,242.80 advancing 0.09% so far. Later US data, job market results, manufacturing performance and housing market facts may have a repercussion on the contract's price.

BoJ struggles to boost confidence on inflation targets

The last BoJ minutes published yesterday, in which further evidence was gathered about the current split in inflation views by some board members, highlighting both economic and price risks titled to the downside, is a reminder to market participants over the growing skepticism in Japan's ambitious inflation goals, suggesting that the elimination of deflation might be a task more arduous than previously anticipated.
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Flash: Australian construction work eyed - Westpac

The first official piece of Australia’s Q3 GDP puzzle is released today, that is, construction work done (8.30GMT), notes Sean Callow, FX Strategist at Westpac.
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