The rivalry between two of the biggest names in the multi-trillion dollar global bond market, Bill Gross and Jeffrey Gundlach, has gotten more than just personal — after one appears to have claimed he was asked to take the other's job.
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Spot gold edged lower in thin trade on Friday, ahead of a key U.S. employment report that is expected to show improvement in the labour market and boost optimism on prospects for the world's largest economy.
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June may end up being a turning point for the job market, even if job creation still shows up to be relatively light in the government employment report Friday.
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