Italy Markit Services PMI came in at 54, above expectations (53.6) in July

Aug 3, 2018

Gold drops to 13-month lows, nearing $1200 mark ahead of NFP

• Fails to capitalize on an early uptick, led by a subdued USD demand. • Fed rate hike prospects kept a lid on any meaningful rebound. •

Iran’s Foreign Minister Mohammad Javad Zarif was on the wires earlier today, via Reuters, noting that China was “pivotal” to salvaging a multilateral