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13.12.2011 23:51

Gold аluctuates in dayly range ahead of the FOMC

Currently gold is at $1662,50 per once.

 

Markets are expected to remain volatile ahead of the FOMC rate decision expected later in the day, with expectations the Fed could have left rates unchanged near its zero range in order to support growth further especially when unemployment fell to 8.6% and personal spending improved, while the economy started to recover in a faster pace.

13.12.2011 23:15

Tech on S&P futures

Market focus

  • ECB's Coeure: Central bank has instruments and we've shown that we're ready to use them
  • British Chambers of Commerce (BCC) trims UK growth outlook
  • UK house prices rise slightly In June - Rightmove
  • China central bank injects funds, second phase of RRR cut takes effect
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