Gold held its breath as it awaited the Federal Reserve presentation as well as after the FOMC meeting that ended today. It declined a bit, and then rose slightly despite a stronger greenback.
Recent Reports
Led by energy stocks, the Dow and S&P 500 rose around 1.00% today, reversing the struggles and narrow-range volatility they’ve experienced recently. The NASDAQ was also up. In Europe, the DAX and CAC were both up a touch more than 1.00%.
We start the week with a prediction. Not our prediction, but an assessment from Deutsche Bank.
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