Gold futures settled higher on Wednesday, then inched lower in electronic trading after the Federal Reserve held a key U.S. interest rate steady at a range of 1.5% to 1.75%, as expected. Following... » read more
The Federal Reserve left its benchmark interest rate unchanged and signaled no changes next year after its latest meeting to evaluate the economy. The Fed's so-called dot plot shows no rate hikes... » read more
New Zealand authorities say conditions on White Island continue to prevent efforts to send search crews to recover the bodies of those killed in Monday's volcanic eruption. Seismologists with New... » read more
European stocks traded cautiously Wednesday as investors await the U.S. Federal Reserve’s interest rate decision and monitor developments ahead of the weekend’s U.S.-China trade tariff... » read more
Stocks rose slightly on Wednesday as investors waited to hear the Federal Reserve’s latest decision on monetary policy. The Dow Jones Industrial Average traded just 3 points higher as more than... » read more
U.S. stocks opened mixed on Wednesday ahead of an eagerly awaited policy update by the Federal Reserve which could deliver clues on the interest rate outlook. The S&P 500 was up 0.2% to 3,137.... » read more
A key measure of U.S. consumer prices remained subdued in November, bolstering widespread expectations Federal Reserve policy makers will hold the line on interest... » read more
Gold inched up on Wednesday as investors sought safety from the threat of new U.S. tariffs on Chinese goods coming into effect on Dec. 15, while also awaiting policy decisions from major central... » read more
Oil futures slipped early after a U.S. inventory report late-Tuesday showed a bigger-than-expected weekly climb and as investors watched for an update in policy from the Federal Reserve, which could... » read more
U.S. stocks traded virtually unchanged to slightly lower on Wednesday as investors turned their attention to a Federal Reserve policy update later in the session that will offer insights on the path... » read more
Myanmar's state counsellor, the Nobel laureate Aung San Suu Kyi, appeared at the International Court of Justice in The Hague on Tuesday to defend her government against accusations of... » read more
Precious metals drifted as traders await Wednesday’s Federal Reserve meeting. Palladium held near $1,900 an ounce after smashing fresh records Tuesday. Spot gold edged 0.2% higher to... » read more
Hong Kong stocks closed higher on Wednesday amid speculation that Washington may hold back from slapping new tariffs on Chinese exports that are scheduled to kick in this weekend. At the close of... » read more
The pound came under pressure early Wednesday after a fresh YouGov poll predicted a slimmer-than-expected lead for Prime Minister Boris Johnson’s Conservative Party in a General Election that’s... » read more
European stocks made a cautious start Wednesday as investors await the U.S. Federal Reserve’s interest rate decision and monitor developments ahead of the weekend’s U.S.-China trade tariff... » read more
Tokyo stocks fell on Wednesday as investors locked in profits ahead of major events such as the UK election and a US Fed meeting with eyes kept on the US-China trade talks. The benchmark Nikkei 225... » read more
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European stocks traded cautiously Wednesday as investors await the U.S. Federal Reserve™s interest rate decision and monitor developments ahead of the weekend™s U.S.-China trade tariff deadline. The pan-European Stoxx 600 moved slightly higher in afternoon trade to close provisionally 0.22%...
A key measure of U.S. consumer prices remained subdued in November, bolstering widespread expectations Federal Reserve policy makers will hold the line on interest rates. The core consumer price index, which excludes volatile food and energy costs, rose 0.2% for a second month, and 2.3%...
Gold futures settled higher on Wednesday, then inched lower in electronic trading after the Federal Reserve held a key U.S. interest rate steady at a range of 1.5% to 1.75%, as expected. Following the Fed news, which came after gold futures settled, February gold was at $1,473.10 an ounce in...
| Time | Country | Im | Figures | Previous | Forecast | Actual |
|---|---|---|---|---|---|---|
| 02.00 | U.S | H | FOMC Economic Projections | - | - | - |
| 02.00 | U.S | H | FOMC Statement | - | - | - |
| 02.00 | U.S | H | Federal Funds Rate | 1.75% | 1.75% | 1.75% |
| 02.00 | U.S | L | Federal Budget Balance | -134.5B | -100.0B | -208.8B |
| 02.30 | U.S | H | FOMC Press Conference | - | - | - |
| 06.50 | JPN | L | Core Machinery Orders m/m | -2.9% | 0.7% | |
| 07.00 | AUD | L | MI Inflation Expectations | 4.0% | ||
| 14.00 | EUR | L | German Final CPI m/m | -0.8% | -0.8% |
The Federal Reserve left its benchmark interest rate unchanged and signaled no changes next year after its latest meeting to evaluate the economy. The Fed's so-called dot plot shows no rate hikes in 2020 and just one in 2021. The "current stance of monetary policy is appropriate to support sustained expansion of economic activity," the Fed said Wednesday. The U.S. appears to have stabilized at steady but slower rate of growth and inflation is still below the Fed's 2% target. The vote was unanimous to leave the short-term fed funds rate at a range of 1.5% to 1.75%. Source : MarketWatch
New Zealand authorities say conditions on White Island continue to prevent efforts to send search crews to recover the bodies of those killed in Monday's volcanic eruption. Seismologists with New Zealand's GeoNet seismic monitoring agency said Wednesday there remains a 40-to-60 percent chance of...
Confusion and uncertainty dominates the gold market as traders and investors continue to react to shifting trade sentiment between China and the U.S. The latest Kitco News Weekly Gold Survey shows Wall Street analysts nearly caught in a three-way tie, while only a slight majority of retail...