Gold Scores Gain to Start Week ahead of Fed Rate Decision

Gold futures settled higher Monday to recoup some of what they lost in the previous session, as investors set their sights on the crucial Federal Reserve decision on interest rates due out later this week. As far as the Federal Reserve is concerned, if the central bank sends out a dovish signal on Thursday, this may help to boost stocks and undermine the dollar. Gold may benefit as lower rates for longer would decrease the relative...

Dollar Weakens for 2nd Day on Fed Interest-Rate Move Doubt

The dollar weakened past 120 per yen amid speculation the Federal Reserve will refrain from increasing its benchmark interest rate this week. A gauge of the greenback reached a two-week low before the Federal Open Market Committee’s rate-setting meeting Sept. 16-17. U.S. consumer prices fell in August from a month earlier, according to economists’ estimates before data due Sept. 16. The yen strengthened as all except two of 35 analysts...

Asian Stocks Climb Before BOJ Decision as Consumer Shares Rally

Asian stocks rose, with consumer shares leading gains, as investors awaited a Bank of Japan policy decision Tuesday ahead of the Federal Reserve’s meeting later this week. The MSCI Asia Pacific Index advanced 0.2 percent to 127.53 as of 9:03 a.m. in Tokyo. Two of 35 economists expect extra monetary stimulus from Japan’s central bank, while traders put odds of the Fed raising borrowing costs at its Sept. 16-17 meeting at 28 percent. Japan’s...

Japanese Shares Advance as Investors Await BOJ Policy Decision

Japanese shares rose before a central bank decision on whether to add to record monetary easing, as precision-instrument makers and insurance companies led gains. The Topix index added 0.5 percent to 1,469.11 as of 9:01 a.m. in Tokyo. The measure slid 1.2 percent on Monday as Chinese equities declined. The Nikkei 225 Stock Average climbed 0.6 percent today to 18,074.76, while the yen weakened 0.1 percent to 120.36 per dollar, halting...

U.S. Stocks Fall Amid Focus on Fed Rate Decision This Week

U.S. stocks declined, following equities’ best week since July, before the Federal Reserve decides on Thursday whether the economy and turbulent financial markets can handle higher interest rates. The Standard & Poor’s 500 Index slipped 0.4 percent to 1,953.02 at 4 p.m. in New York, after the gauge rose 2.1 percent last week. Trading in S&P 500 companies was about 26 percent below the 30-day average for this time of day amid...