Gold declines amid market speculation on Fed stimulus

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Source: WBPonline
Gold plummeted on Tuesday following green figures on Monday as investors nervously expect the Federal Reserve Chairman Ben Bernanke's testimony ahead of a congressional committee tomorrow that may provide signs to the markets regarding U.S. asset-buying programme. Gold futures declined 0.30% to $1,279.50 per ounce.
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Tue, 16 Jul 2013 07:39:05 GMT

WTI oil declines on weaker U.S. report

West Texas Intermediate oil futures decreased as investors were awaiting U.S. crude supplies to be posted by the American Petroleum Institute today and more significantly, by the Energy Information Administration tomorrow. WTI crude oil futures retreated 0.20% to $106.11, while Brent futures contracted 0.29% to $108.78.

Tue, 16 Jul 2013 07:10:07 GMT

Australian Dollar jumps on RBA minutes ahead of Bernanke speech

The Aussie inched up versus its 16 most-traded counterparts as officials announced in the latest meeting minutes that the inflation prospects are being influenced by recent currency drops. The Australian Dollar climbed 0.6% to 91.56 against U.S. currency and advanced 0.5% to 91.34 versus the Japanese Yen. New Zealand's currency jumped 0.2% to 78.20 against U.S. Dollar.

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