interest rates

The U.S. labor market seems to have ended the year 2016 on a firm footing with the latest data from the Labor department showing a strong increase in wages after falling 0.1% just a month before. Official data on Friday, January 6th showed…
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Sweden's central bank announced an increase to its bond purchase program while leaving the benchmark interest rates unchanged, following the conclusion of the monetary policy meeting on Wednesday as the central bank continues to target its…
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The Bank of England's monetary policy meeting yesterday saw the central bank's policy makers keeping the key interest rates unchanged at 0.25% and voting to maintain the bank's asset purchases at 435 billion GBP and maintaining corporate…
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The price of spot gold fell 1.27% yesterday as the Federal Reserve hiked the short-term fed funds target rate to 0.75%. Although the broad consensus has been that the rate hikes were priced in, gold fell sharply on the day and was seen…
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Will gold prices fall or rise when the Fed hikes rates? That is the one question looming on traders’ minds as the clock ticks closer to next week's big event. After posting strong gains, for the most part, this year, gaining over 26% at…
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The US dollar posted strong gains this week, at one point staying firm above the psychological level of 100, a resistance level that has been breached as the Dollar Index jumped to 101 yesterday. After the initial turmoil of the election…
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The Reserve Bank of New Zealand's monetary policy meeting due on Wednesday, November 9th is expected to see the central bank lower the overnight cash rate (OCR) by 25bps in all likelihood. The rate cut would bring the New Zealand interest…
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The attention of the whole world will shift to the US next week as the country elects its 45th President. The markets remain in a jittery mode with the outcome of the polls likely to swing in either direction in a short trading week. US and…
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The US Federal Reserve Bank decided to leave the short-term interest rates unchanged at 0.50% at its meeting yesterday, in a widely expected outcome. While most members agreed to leave interest rates unchanged, there were still two…
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Gold prices managed to post a rally the week during the FOMC meeting. With the central bank holding rates steady, gold prices eased back forming nearly three days of closing flat. The double inside bar pattern on the daily chart saw prices…
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