Gold Hugs $1330 After Hawkish Fed Statement

Gold futures inched lower Wednesday after the Federal Reserve opened the door to a September rate hike. December gold ended at $1,326.70/oz, up $5.90, or 0.5%, on Comex, but slipped to $1330 just after the 2 pm ET Fed announcement. The central bank held steady on interest rates but opened the possibility of a rate ...

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German Bunds Marginally Higher After Brent Hits Two-Month Low

The German bunds traded modestly firmer on Tuesday as crude oil prices hit its lowest since May following sluggish global demand and supply glut concerns. Also, investors remained cautious ahead of the United States Federal Reserve monetary policy decision followed by the press conference by Fed Chair Janet Yellen on ...

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Malta PPI Falls For Second Month

Malta’s producer prices decreased for the second straight month in June, figures from the National Statistics Office showed Tuesday. The industrial producer price index fell 0.24 percent year-over-year in June, following a 0.28 percent drop in the previous month. Among the main industrial groupings, price index for energy dipped 0.8 ...

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