Fed Chairman Jerome Powell is scheduled to speak Wednesday after the Fed ends its two-day meeting.
financial market news
Opec and Russia Reach Deal to Cut oil Production by 10m Barrels a Day
Opec and Russia agreed on Thursday to make deep cuts to oil production, ending a weeks-long market-share war that put further pressure on prices already reeling from the biggest demand collapse in history.
Gold Futures Score Highest Finish in Over 6 Years – Gold Silver Reports
Gold Silver Reports (GSR) – The precious metal has rallied 11% this year, with much of the move occurring in the last several months, as concerns around slowing global growth and U.S.-China trade tensions took hold among investors. It continued to tick up on Wednesday after President Donald Trump said he intended to nominate two dovish candidates to the Federal Reserve’s board of governors.
Gold Settles with a Loss as Investors look to the Outcome of the Fed’s Meeting
Gold settled with a loss on Monday, giving up earlier modest gains as traders looked ahead to the outcome of the Federal Reserve’s meeting.
Gold Prices Slip, Nicked by Rising Bond Yields – Gold Silver Reports
Gold futures inched lower on Wednesday as elevated bond yields hovered near their steepest since 2011, dulling demand for the precious metal.