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Fed rate decision, as Brexit remains in focus

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Federal Open Market Committee (FOMC) is widely expected to hold its benchmark Federal Funds Rate steady upon the completion of its June monetary policy meeting. The FOMC has left the target range of the Fed Funds Rate unchanged between a level of 0.25 and 0.50% at each of its first three meetings this year. Last ...

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Will FED raise interest rates on June?

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Will FED raise interest rates on June? Please Vote     [yop_poll id=”1″]

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China could push U.S. interest rates higher

china currency

The wrecking ball swinging through the Chinese stock market has sent investors around the world scurrying for cover in the safe haven known as the U.S. Treasury market. The result: Even as U.S. stocks take a beating, a key rate that influences the cost of many consumer loans briefly fell ...

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Gold end the week higher

Gold is higher this week with the precious metal rallying 4.74% to close at $1280 on Friday, its largest weekly gain in nearly 2 years. The advance comes amid a larger correction in the U.S. Dollar which came under tremendous pressure mid-week after the release of the minutes from the ...

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Brent near 3-month peak

Brent crude steadied around three-month highs on Thursday, supported by expectations the Federal Reserve will keep its stimulus programme to aid the U.S. economy, while a sharp decline in crude inventories lifted U.S. oil to near 16-month peaks.

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