FUNDAMENTALS
* Spot gold fell 0.1% at $2,020.22 per ounce, as of
0023 GMT. U.S. gold futures were down 0.3% at $2,027.10.
* The dollar index was up 0.1%, making bullion less
affordable for overseas buyers.
* The U.S. consumer price index (CPI) data is due on
Wednesday.
* While U.S. consumers said last month they expected
slightly lower inflation in a year's time, the New York Federal
Reserve's report also showed the bank stresses that kicked off
in March weren't weighing heavily on the moods of Americans.
* Investors are pricing in a 92% chance of the Fed holding
rates at their current level in June.
* Treasury Secretary Janet Yellen said on Monday that a
failure by Congress to raise the $31.4 trillion federal debt
limit would cause a huge hit to the U.S. economy and weaken the
dollar as the world's reserve currency.
* Spot silver slipped 0.2% at $25.52 per ounce,
platinum rose 0.2% to $1,072.51, while palladium was flat at $1,553.50.
DATA/EVENTS (GMT, April)
0300 China Exports, Imports YY
0300 China Trade Balance
0600 UK Halifax House Prices MM, YY
0645 France Reserve Assets Total
(Reporting by Ashitha Shivaprasad in Bengaluru; editing by
Uttaresh Venkateshwaran)
