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Gold falls further in longest losing streakGold fell on Friday for a seventh straight session, in its longest losing streak since March 2009, as the dollar strengthened and investors cut exposure to the precious metal, fearing further drop More… |
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Fed orders Citi to improve money laundering checksThe Federal Reserve has ordered Citigroup to better police for the risk of money laundering, part of a broad US regulatory crackdown on the potential for illicit money flows. The Fed told Citigr More… |
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Brent holds steady above $112 on Fed assuranceBrent futures held steady near $113 a barrel on Wednesday after Federal Reserve's affirmation of its commitment to monetary stimulus renewed hopes of a revival in demand growth in the world's biggest oil consumer. More… |
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Hoping for answers to three big questionsThis week should bring clarity on three major issues hanging over the world economy: might the Federal Reserve withdraw monetary stimulus sooner rather than later? Will Italy elect a stable, reform-minded government? Will Japan More… |
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Gold rises as data suggests Fed stimulus may stayGold firmed on Friday, extending gains from the previous session as lacklustre US data bolstered hopes that the Federal Reserve's monetary stimulus would stay in place, though prices were headed for a second straight weekly More… |
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Gold hits 7-month lowGold dropped to a seven-month low on Thursday, its third straight session of weakness, as signs that some Federal Reserve officials were reconsidering the scale and duration of the US monetary stimulus programme spooked investo More… |
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Gold falls below key $1,700 levelGold dropped about 1 percent on Thursday after the Federal Reserve linked its monetary policy to unemployment, raising concerns that future economic stimulus could be limited. Gold benefits from More… |
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Gold hovers near 7-month highGold firmed on Monday, holding near an almost seven-month high, as the US Federal Reserve's latest stimulus move to spur the economy led to a rush for bullion -- a traditional hedge against inflation. More… |
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Fed bets big in new push to rescue US economyThe Federal Reserve launched another aggressive stimulus program on Thursday, saying it would pump $40 billion into the US economy each month until it saw a sustained upturn in the weak jobs market. More… |
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Brent nears $116 on likely Fed moveBrent crude rose more than a dollar on Thursday, approaching $116 per barrel on renewed hopes for another round of monetary stimulus by the US Federal Reserve, helping investors look past weak manufacturing data from China. More… |
