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InstaForex Loprais Team - Official participant of the Dakar rally

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InstaForex Loprais Team - Official participant of the Dakar rally

2018.04.2408:11:00UTC+00Gold Steadies After Monthly Low

Gold futures were slightly higher Tuesday, having slipped to a monthly low in the previous session.

Gold was up $4 at $1327 an ounce, with U.S. stocks set to snap a modest losing skid as well.

Traders were looking ahead to a slew of U.S. housing data and earnings reports from major companies.

The Federal Housing Finance Agency's House Price Index or HPI for February will be issued at 9.00 am ET. The consensus is for growth of 0.5 percent, slightly down from the prior month's 0.8 percent.

U.S. New Home Sales for March is scheduled at 10.00 am ET. The analysts are looking for consenus of 630K, In February, the New Home Sales were 618K.

The Redbook data for the week will be issued at 8.55 am ET. In the prior week, the Store Sales were up 3.0 percent.

The S&P Corelogic Case-Shiller Home Price Income for February will be released at 9.00 am ET. The market analysts are looking for consensus of 0.7 percent growth, down from prior month's 0.8 percent.

The Conference Board's Consumer Confidence data for April will be published at 10.00 am ET. The consensus is for 126.1, while the index was 127.7 last month.

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