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POPULAR NEWS
Gold Settles Lower, Then Climbs as Fed Signals No 2019 Rate Hikes

Gold prices finished lower on Wednesday, giving back nearly all of their gain from a day earlier, then climbed in electronic trading, finding support as the U.S. dollar weakened in the wake of the Federal Reserve™s latest policy statement. The central bank left interest rates unchanged as expected and signaled no more interest-rate increases this year. Gold for April delivery was at $1,315.20 in electronic trading shortly after the Fed news. The contract had lost $4.80, or 0.4%, to settle...

Gold Settles at a One-Week High on Dovish Fed

Gold futures settled at a one-week high on Thursday, buoyed by the Federal Reserve™s dovish policy statement, though strength in the dollar kept prices in check. On Wednesday, after gold futures settled, the central bank left interest rates unchanged as expected and signaled no further increase in interest rates this year and just one in 2020, according to its new ˜dot plot,™ and the bank said it would end its balance-sheet runoff by September. The dollar declined shortly after the...

Dollar Drops to Six-Week Low on Dovish Fed Update

The U.S. dollar turned negative Wednesday, dropping to its lowest level since early February as the Federal Reserve reaffirmed its dovish policy stance. The central bank revised its expectation of interest-rate increases in 2019 to zero, from an expected two increases previously. It also downgraded its economic outlook, forecasting 2.1% gross domestic product growth in 2019, rather than 2.3% as expected before. The PCE inflation forecast was cut to 1.8% this year, from 1.9% before. The Fed...

Gold extends rally seen on dovish Fed even as dollar stabilizes

Gold prices shot higher early Thursday, resuming the climb seen in after-hours electronic trading when the U.S. dollar weakened in the wake of the Federal Reserve™s dovish policy statement. The dollar gave back much of its post-Fed loss by early Thursday, although the precious metals that are priced in the U.S. unit maintained their rally. Gold for April delivery rose $14, or 1.1%, at $1,315.70 an ounce on Comex, about where it stood in reaction to the Fed release. The dollar, as measured...

Dollar Steady After Fed's Dovish Turn; Brexit Fear Hits

The dollar is steadying early Thursday after falling sharply as the Federal Reserve all but swore off raising interest rates again this year “ a swing that could signal the end of the whole policy tightening cycle. œThe Fed™s concerns over the future inflation path are clearly stronger than anticipated and it seems that the hiking cycle really is now over, said Lee Ferridge, head of multi-asset strategy, the Americas at State Street (NYSE:STT) Global Markets. The dollar index, which...

8 Dead in Brazil School Shooting
Friday, 15 March 2019 12:40 WIB | GLOBAL |Global

Two masked former students carrying a variety of deadly weapons burst into a school outside Sao Paulo Wednesday and left a bloodbath before killing themselves.

Police in Suzano say eight students and officials at the Raul Brasil school were killed. At least 17 were wounded. The two also killed the owner of a nearby used-car lot and stole a vehicle before attacking the school. One report said the owner was an uncle of one of the shooters.

Police say the two were armed with guns, knives, axes and a crossbow.

œIn my 34 years as a policeman, it™s the first time I see someone use a crossbow like that, police colonel Marcelo Salles said. œIt™s horrendous ¦ an unspeakably brutal crime.

The two former pupils were 17 and 25 years old.

Police say they shot at students in a gym and fired at others who were enjoying a snack break.

Source: VOA news

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POPULAR NEWS
Gold Settles Lower, Then Climbs as Fed Signals No 2019 Rate Hikes

Gold prices finished lower on Wednesday, giving back nearly all of their gain from a day earlier, then climbed in electronic trading, finding support as the U.S. dollar weakened in the wake of the Federal Reserve™s latest policy statement. The central bank left interest rates unchanged as expected and signaled no more interest-rate increases this year. Gold for April delivery was at $1,315.20 in electronic trading shortly after the Fed news. The contract had lost $4.80, or 0.4%, to settle...

Gold Settles at a One-Week High on Dovish Fed

Gold futures settled at a one-week high on Thursday, buoyed by the Federal Reserve™s dovish policy statement, though strength in the dollar kept prices in check. On Wednesday, after gold futures settled, the central bank left interest rates unchanged as expected and signaled no further increase in interest rates this year and just one in 2020, according to its new ˜dot plot,™ and the bank said it would end its balance-sheet runoff by September. The dollar declined shortly after the...

Dollar Drops to Six-Week Low on Dovish Fed Update

The U.S. dollar turned negative Wednesday, dropping to its lowest level since early February as the Federal Reserve reaffirmed its dovish policy stance. The central bank revised its expectation of interest-rate increases in 2019 to zero, from an expected two increases previously. It also downgraded its economic outlook, forecasting 2.1% gross domestic product growth in 2019, rather than 2.3% as expected before. The PCE inflation forecast was cut to 1.8% this year, from 1.9% before. The Fed...

Gold extends rally seen on dovish Fed even as dollar stabilizes

Gold prices shot higher early Thursday, resuming the climb seen in after-hours electronic trading when the U.S. dollar weakened in the wake of the Federal Reserve™s dovish policy statement. The dollar gave back much of its post-Fed loss by early Thursday, although the precious metals that are priced in the U.S. unit maintained their rally. Gold for April delivery rose $14, or 1.1%, at $1,315.70 an ounce on Comex, about where it stood in reaction to the Fed release. The dollar, as measured...

Dollar Steady After Fed's Dovish Turn; Brexit Fear Hits

The dollar is steadying early Thursday after falling sharply as the Federal Reserve all but swore off raising interest rates again this year “ a swing that could signal the end of the whole policy tightening cycle. œThe Fed™s concerns over the future inflation path are clearly stronger than anticipated and it seems that the hiking cycle really is now over, said Lee Ferridge, head of multi-asset strategy, the Americas at State Street (NYSE:STT) Global Markets. The dollar index, which...

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