Gold Trades Near Two-Week Low as Fed Comments Boost Rates View

Gold held near a two-week low after U.S. policy makers dropped a pledge to keep borrowing costs low for a œconsiderable time, moving the Federal Reserve closer to raising rates for the first time since 2006 as the dollar rose.Bullion for immediate delivery traded at $1,189.78 an ounce at 8:21 a.m. in Singapore from $1,189.71 yesterday, when prices fell to $1,183.89, the lowest since Dec. 1, after the Feds change, according to Bloomberg...

Dollar Gains as Fed’s Yellen Emphasizes 2015 Rate Increase

The dollar advanced to almost a five-year high as Federal Reserve Chair Janet Yellen stressed that the central bank remains on pace to increase interest rates next year for the first time since 2006. The greenback extended gains after Yellen said that the shift in guidance means œthe committee considers it unlikely to begin the normalization process for at least the next couple of meetings. Officials held the rate at zero to 0.25 percent,...

Japanese Stocks Advance After Fed Pledges Patience on U.S. Rates

Japanese stocks jumped the most in six weeks as the yen weakened against the dollar after the Federal Reserve said it will be patient on the timing of U.S. interest-rate increases. The Topix added 2.6 percent to 1,386.62 at 9:02 a.m. in Tokyo, headed for the biggest jump since Nov. 4. All of its 33 industry groups rose. The Nikkei 225 Stock Average surged 2.2 percent to 17,187.13. The yen traded at 118.76 per dollar today after weakening...

Asian Stocks Advance After U.S. Share Rally as Fed Vows Patience

Asian stocks rose, following the biggest surge in U.S. shares since October 2013, after the Federal Reserve pledged patience on interest-rate increases and the yen weakened, boosting Japanese equities.The MSCI Asia Pacific Index climbed 0.7 percent to 134.55 as of 9:04 a.m. in Tokyo. The measure slumped 2.5 percent the previous three days as a slump in oil and Russias currency stoked...

S&P 500 Menguat Tajam Sejak Oktober 2013 Lalu

Saham AS rally, memberikan indeks Standard & Poor 500 gain terbesar sejak Oktober 2013 lalu, karena saham energi rebound dan Federal Reserve mengatakan akan bersabar terkait waktu kenaikan suku bunga. Indeks S & P 500 naik sebesar 2 persen ke level 2,012.84 pukul 04:00 di New York, pasca mengalami koreksi selama tiga sesi. Indeks Dow Jones Industrial Average naik 287,03...