news

Gold Prices Climb After Dovish Fed Stance

24.05.2018, 13:11

Gold prices rose for a second session on Thursday as the dollar extended losses after minutes of the latest Federal Reserve meeting hinted at a dovish approach to interest rate hikes in the United States.

Fed Minutes Support Rate Hike in June

24.05.2018, 11:09

Federal Reserve officials at their meeting earlier this month signaled they were likely to raise their benchmark short-term interest rate at their June meeting, and they debated how to characterize an evolving policy strategy that soon would no longer try to stimulate economic growth.

Wall Street Rebounds after Fed Minutes

24.05.2018, 10:55

U.S. stocks rallied in late trade to finish higher on Wednesday, after the minutes from the Federal Reserve's May 2 meeting confirmed that policymakers support a June rate hike and are maintaining a calm attitude about the inflation outlook. Stocks were under pressure earlier as geopolitical and trade concerns continued to dent investor sentiment.

US 10-Year Yield Drops Below 3% After Fed Minutes

24.05.2018, 10:23

U.S. government debt yields dropped on Wednesday after the Federal Reserve's latest meeting minutes revealed that the central bank would be open to letting inflation temporarily run a bit above its 2 percent target.

UK Inflation Drops in April

24.05.2018, 10:01

UK inflation suddenly dropped further in April to its lowest level in over a year as lower airfares provided some relief for cash-strapped Britons. Following the release of the data, the pound slumped to its lowest level in 2018.