US debt tops forty trillion as treasury buybacks spark precious metals rally

Review Gross U.S. debt has surpassed $40 trillion, a new milestone in the country’s struggle to control its finances. Reaching that threshold carries symbolic weight, but isn’t, by itself, economically significant. Most investors and economists care less about raw figures than other measures, like the ratio of debt to gross domestic product, which provides a better sense of an economy’s…

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United States CFTC S&P 500 NC Net Positions declined to $-10.6K from previous $11.3K

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Canada Retail sales for June 0.6% vs 0.4% estimate

Prior was +1.0% revised to 1.1% The advanced July reading comes in at 0.8% Retail sales for June 0.6% vs 0.4% estimate Ex Autos for June 0.5% vs 0.4% estimate. Prior 1.2%. In volume terms retail sales wer up 1.5% in June Retail sales were up 2.2%  with volume sales up 0.4% Details: Core retail sales: +1.2% in June, the…

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United States CFTC Oil NC Net Positions up to 122.1K from previous 99.2K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any…

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