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Day: September 18, 2024

European Shares Flat ahead of Fed Rate Decision

European shares were flat on Wednesday, as investors stayed on the sidelines ahead of an all-important interest rate decision by the US Federal Reserve that could mark the beginning of a monetary-easing cycle in the world’s largest economy.

The pan-E…

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Dollar Wavers ahead of US Fed Policy Meeting

The dollar wavered on Wednesday, while the yen regained some lost ground as investors made lastminute tweaks to positions ahead of the Federal Reserve’s policy meeting expected to initiate a US easing cycle.

The US Federal Reserve is expected to make…

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US Stocks End Nearly Flat

US stocks closed nearly unchanged on Tuesday.

The S and P 500 gained 1.52 points, or 0.04%, to end at 5,634.61 points, while the Nasdaq Composite gained 34.82 points, or 0.20%, to 17,626.95.

The Dow Jones Industrial Average fell 5.19 points, or 0.01…

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Oil Prices Steady as Investors Focus on Fed Decision

Oil prices held steady on Wednesday, after rising in the previous two sessions, as investors await the US Federal Reserves anticipated interest rate cut.

Brent crude futures for November dropped 3 cents to $73.67 a barrel. US crude futures for Octobe…

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Gold Flat as Investors Focus on Fed

Gold prices were flat on Wednesday as investors weighed chances of an outsized interest rate cut by the Federal Reserve later in the day.

Spot gold was little changed at $2,571.28 per ounce. Bullion rose to a record high of $2,589.59 on Monday.

US g…

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