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Gold firms as U.S. jobs data miss cements low rates view

Gold prices inched higher on Monday to trade near a three-month peak hit last week after weaker-than-expected U.S. jobs data supported hopes that interest rates will remain low for some time, bolstering the metal's appeal. Spot gold was up 0.1% at $1,832.26 per ounce by 0315 GMT, after hitting its highest since Feb. 11 at $1,842.91 in the previous session. U.S. gold futures were up 0.1% at $1,832.60 per ounce.

Chip shortage in focus as Japan automakers ready to report profit drop

While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production. Automakers worldwide have had to adjust or suspend production in the past few months as factors including a surge in demand for electronic devices plus U.S. sanctions against Chinese technology firms led to a dearth of semiconductors. Blackouts in Texas where a number of chipmakers have factories and a fire at Renesas Electronics Corp's chip plant in Japan have exacerbated the supply crunch.

Dow Jones Futures, Gasoline Prices Rise Amid Pipeline Shutdown; These Stocks Are 'Out Of Bounds'

It's a broad market rally, but highly valued growth is "out of bounds," including Tesla and Coinbase. Dow futures edged higher. Crude oil and gasoline futures rose.

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  Cyber-attack forces shutdown of one of the US’s largest pipelines

  The Guardian
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  No Timeline for Massive Oil Pipeline Restart Has Traders Worried

  Bloomberg