Gold slides on possible rate hike in September

Note: This section contains information in English only.
Source: WBP Online

The yellow metal slipped on Thursday, after FOMC statement pushed the US Dollar higher. The Dollar strengthened against its major counterparts, as investors speculate on the Fed's rate hike in September. The bullion futures declined 0.7% to 1,086 points by 7:00 AM GMT. Moreover, other dollar-denominated commodities followed the trend of gold and were lower early in the trading session.  

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Thu, 30 Jul 2015 07:55:06 GMT

Yen weakens against Greenback on post FOMC reaction

The Japanese Yen fell slightly against the Greenback during the trading session in Asia, after FOMC gave no clear signals on the timeline of hiking interest rates. Moreover, the Bank of Japan's comments about concerns over Japan's economic strength sent the pair higher. The Dollar rose 0.15% to 124.1850 against the Japanese counterpart by 7:20 AM GMT and attempts to

Thu, 30 Jul 2015 07:33:15 GMT

Mixed results in Asian stock markets after Fed meeting

Stocks markets across Asia showed mixed results, after the Fed stuck with the current interest rate levels. The Hang Seng was flat at 24,615 points, while the Nikkei 225 soared 20,523 points. Meanwhile, the Sensex rallied 1% to 27,845 points, however, the Singapore's FTSE Straits Times Index lost 0.8% to 3,257.37 points, while The Shanghai Composite fell 0.3% to 3,780

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