Japan Nomura/ JMMA Manufacturing Purchasing Manager Index: 51.4 (July) vs 50.1

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Gold hammered again, kisses multi-year trend low

Following last Monday's $50 price collapse, Gold is yet again suffering sharp losses in early Asian trade, currently retesting, and briefly breaking through its multi-year trend low of $1,083.50.
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USD/JPY: Yen is robust for now - Scotiabank

Eric Theoret, CFA, CMT Currency Strategist at Scotiabank explained that USD/JPY is up modestly vs. the USD while underperforming most of the G10.
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