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 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...
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...
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...
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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% higher, with utilities and basic resources leading gains.
The Fed™s final interest rate decision...
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% from a year earlier, a Labor Department report showed Wednesday. Those figures matched the median...
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 electronic trading. It had ended the session up $6.90, or 0.5%, at $1,475 an ounce.
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 another major eruption within the next 24 hours. Poisonous gas continues...
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...
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% | |
14.30 | CHF | L | PPI m/m (CHF) | -0.2% | -0.1% | |
15.30 | CHF | H | SNB Monetary Policy Assessment | - | - | - |
16.00 | EUR | L | Italian Quarterly Unemployment Rate | 9.9% | 9.8% | |
19.45 | EUR | M | Main Refinancing Rate | 0.00% | 0.00% | |
19.45 | EUR | H | Monetary Policy Statement | - | - | - |
20.30 | EUR | H | ECB Press Conference | - | - | - |
20.30 | U.S | M | Core PPI m/m | 0.3% | 0.2% | |
20.30 | U.S | M | PPI m/m | 0.4% | 0.2% | |
20.30 | U.S | L | Unemployment Claims | 203K | 213K | |
22.30 | U.S | L | Natural Gas Storage | -19B | -76B | |
All Day | GBP | H | Parliamentary Elections | - | - | - |
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 investors remain bearish on gold.
"One day a trade deal with China is on and then the...