Gold prices edged up on Tuesday despite an uptick in the U.S. dollar as investors awaited key U.S. inflation data and the conclusion of the U.S. Federal Reserve’s two-day monetary policy meeting on Wednesday.
Lim Hui Jie
KEY POINTS
Holly Ellyatt@HOLLYELLYATT
LONDON — European stocks are expected to open flat to higher Tuesday as investors look ahead to the Federal Reserve’s next meeting and U.S. inflation data.
Gold prices fell on Tuesday with investors awaiting key U.S. inflation data and the outcome of the Federal Reserve’s policy meeting for details of the central bank’s plans to cut interest rates against its inflation target.
By Wayne Cole
SYDNEY (Reuters) -Asian stocks were in a guarded mood on Tuesday as investors pondered fresh political uncertainty in European markets after right-wing gains in elections and a snap poll in France revived concerns about the cohesion of the bloc.
Holly Ellyatt@HOLLYELLYATT
LONDON — European stocks are expected to open lower Monday as traders react to initial results from the EU Parliament elections which suggest far-right parties have surged in popularity.
Gold prices held steady on Monday after a sharp sell-off in the previous session on stronger-than-expected U.S. jobs data, with investors awaiting the Federal Reserve policy meeting this week for further direction.
Lim Hui Jie
KEY POINTS
Katrina Bishop@KATRINABISHOP
KEY POINTS
Gold prices climbed to a two-week high on Thursday as weaker-than-expected U.S. jobs data fanned hopes of a Federal Reserve interest rate cut later this year with focus shifting to non-farm payrolls data due on Friday.
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