GOLD “Settling bang on key support yesterday in what looks increasingly like the neckline..” Chart & Levels from Analyst, Nicole Elliott – Investors Chronicle.

 

British women working harder Another 142,000 join the workforce

Data published yesterday by the Office for National Statistics showed that in the 3 months to March employment rose to a new record high of 76.1 per cent of the population, up from 75.4 per cent this time last year, and unemployment for Q1 dipped to 3.9 per cent from 4.0 per cent in the previous quarter. Average earnings are running at 3.4 per cent growth, 3.5 per cent including bonus, keeping them just below pre-2008 levels. The biggest leap was in the ratio of women over 50 years old in work, possibly caused by a later pensionable age.

The price of Qualcomm shares soared 23 per cent, their biggest gain in 19 years, in New York yesterday as smartphone maker Apple settled a patent dispute with the chipmaker. Apple is to resume using Qualcomm modem chips, which led to Intel announcing yesterday that it will exit the chip business.

Financial Markets and Political Commentary
 

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