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Notes/Observations - USD continues its retreat aided by retreating yields, soft US economic data and a dip in safe-haven status Asia: - RBA Aug Minutes: Economic recovery likely to be slower than previously expected. Coronavirus outbreak in Victoria to have major impact on domestic economy in Q3. Re

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GOLD Spot gold surged above $2000level in early Tuesday's trading, extending strong recovery from $1862 (12 Aug spike low). The yellow metal was boosted by fresh weakness of the US dollar and Monday's news that Warren Buffet's Berkshire Hathaway buying a stake in major gold miner Barrick Gold Corp.

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