BARKIN: business investment appears "unmoved" by interest rates, costs or uncertainty.

Turkey's defence ministry said on Aug. 13 Turkey, Saudi Arabia and Pakistan will establish a political and military cooperation mechanism under a joint defence agreement signed last week and will deepen defence-industry cooperation. The mechanism will cover the three countries' defence ministers, foreign ministers and chiefs of staff; the pact envisages joint military exercises and cooperation that may include joint production and technology sharing in the defence industry. The Mecca joint defence agreement, signed on Aug. 7 in Saudi Arabia, states an armed attack against any of the three will be treated as an attack on all.

现货黄金跌破4360美元/盎司，日内跌1.12%。