Looking at the 8-hour chart of Gold, we notice that the price of the shiny metal is currently evolving in a downtrend....

The trade deficit was reported at £-3.320 Billion...

The industrial production m/m for August decreased by -1.1%...

US equities closed in negative territory as the budget impasse extends into its 9th day. Meanwhile Asian stocks bucked the trend as they welcomed news that Yellen would be Bernanke’s successor. Yellen...

September Canadian Housing starts came in slightly higher at 193.6 K versus 185 K expected....

German Industrial orders for the month of August came in at -0.3%, much lower than the 1.1% expected....

As the government of the United States remains in shutdown and entered its eighth-day on Tuesday, focus was predominantly shifted towards the Federal debt ceiling, which is currently at $16.7...

The reading for Consumer Price Index (CPI) M/M was out at +0.3% swinging from a previous -0.1% and surpassing an expected +0.2%....

While still in deficit, the French trade balance figure eased to 4.907 billion euros from a previous -5.084 billion euro (also revised lower from -5.109 billion euro)....

The Trade Balance data out of Germany came in slightly below expectations with 13.1 bln versus 15 bln expected....