Gold gains as investors brace themselves for FOMC meeting

Source: CNBC
On Tuesday, gold increased its small gains as investors weighed in on the Federal Reserve policy meeting, yet they remained very tentative in their bets, waiting for more than speculations. If the Fed makes a move for a interest rate hike, the demand for gold as an alternative investment would only fall. Spot gold edged up 0.3% to $1,236.14 per ounce early morning, touching at $1,225.30, its lowest in eight-month the session before.
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Tue, 16 Sep 2014 09:23:04 GMT

Bent levels off at $98 due to soft demand

Brent crude fluctuated around the $98 mark on Tuesday, extending its gains after receiving some reprieve from its lowest in two years. The dormant manufacturing performance in the U.S. and China has discouraged from growth in demand, not allowing Brent prices to break though. Brent for November delivery was up by 3 U.S. cents to $97.91 per barrel, while October

Tue, 16 Sep 2014 09:12:05 GMT

European stocks lose in the light of Fed's meeting and ZEW index

Many European stocks lost, sliding to their lowest in two weeks time, as investors hold off to await the results of the latest FOMC meeting. Orange SA lost 1.3% and the Stoxx Europe 600 Index fell back 0.3% to 342.98 early morning in London. In addition, investors are expecting the ZEW report on investor confidence. It seems that the sentiment

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