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Belgium Consumer Confidence Index fell from previous -4 to -5 in February

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Gold drops and recovers after US data

Gold prices neared daily lows set earlier today in a knee-jerk reaction to US CPI data only to move back to pre-data level of USD 1128/Oz level.
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Fed’s Mester backs gradual approach to tightening

Cleveland Fed President and voting member Loretta Mester, while speaking in Florida, said she backs gradual and data dependent path of tightening.
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