Soft US retail sales data has rekindled hopes that the Fed may have more leeway to cut rates sooner than they're letting on. This has provided a nice bounce for metals in Thursday's Asian session, with many now waiting to see if momentum can be sustained when US traders return to their desks after the mid-week public holiday. Silver is up 2.3% and at a nine-day high after breaking back above $30 near the end of the session. After a bit of a delay, gold is now catching a bid and is up 0.6% ahead of the European open. Copper is also up 0.5%, although it has pulled back after rising 1.7% earlier in the session. Given ... (full story)