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22, 24 carat Gold prices up across Indian cities on August 11
Yields on eurozone government bonds were higher due to inflation concerns, as prospects of a near-term resolution to the U.S.-Iran war faded.
The GBP/USD pair seesaws between tepid gains and minor losses through the early European session on Tuesday, though it remains close to the highest level since July 16 set the previous day.
The Euro (EUR) nudges lower against the US Dollar (USD) on Tuesday, weighed by the stalemate in the US-Iran negotiations and higher oil prices, which put additional pressure on the crude-importing eurozone economies.
Here is what you need to know on Tuesday, August 11:
Commerzbank’s Volkmar Baur reports that the Reserve Bank of Australia (RBA) left interest rates unchanged in a unanimous decision, with forecasts showing higher unemployment and lower short-term inflation.