XAU/USD: SPOT GOLD PRICE ACTION SET FOR BIGGEST INTRADAY GAIN SINCE 2016 AFTER FOMC OFFICIALS UNANIMOUSLY DELIVER EMERGENCY RATE CUT AMID CORONAVIRUS OUTBREAK Spot gold (XAU/USD) looks set on recording its biggest daily gain since […]
*** UPDATE*** The G7 finance ministers ‘stand ready to cooperate further on timely and effective measures’ to address coronavirus but have not announced any rate cuts at today’s meeting. The G7 release added that finance […]
© Reuters. What Market Didn’t Like About Powell: Scant Tools, Short Answers (Bloomberg) — If for no other reason than he paused a seven-day plunge that erased $6 trillion, Jerome Powell deserves the thanks of […]
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