Gold firms after Fed holds off signalling rate rise (news: 28/07/16)
Today’s Press
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Fed caution hits dollar as Japan anticipation builds
The dollar took its biggest tumble in almost two months on Thursday and stocks fell from nine-month highs as cautious sounds from the Fed left focus firmly on Japan’s next round of money-printing measures.
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Gold firms after Fed holds off signalling rate rise
Spot gold was 0.2 percent higher at $1,341.81 an ounce at 1340 GMT, having ended Wednesday up 1.5 percent in the wake of the Fed statement. U.S. gold futures for August delivery were up 1.1 percent at $1,341.10.
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Brexit Bulletin: Confidence Crumbles as Lloyds Bank Cuts Jobs
U.K. consumer confidence plummeted this month to its lowest level in three years, according to a sentiment index from YouGov and the Centre for Economics and Business Research.
Next Trading Day’s Important Events
- 02:30 (GMT+3) Japanese CPI
- 03:00 (GMT+3) BoJ interest rate
- 12:00 (GMT+3) EU GDP
Forex Quotes:
- USDJPY: 104.72
- EURUSD: 1.1103
Indices:
- S&P 500: 2,166.00
- NASDAQ : 5,147.80
Source:: Gold firms after Fed holds off signalling rate rise (news: 28/07/16)