Oil futures slip as traders study Fed decision Easing Middle East supply concerns still weigh, analysts say
NEW YORK (MarketWatch) — Oil futures fell on Thursday with analysts attributing weakness to a closer read on the reasoning behind the Federal Reserve’s policy decision as well as pressure from easing Middle East supply concerns.
The dip comes a day after prices soared on a U.S. supply drop and the Fed’s surprise decision...
Gold Rallies on Fed’s Taper Delay; Jim Rogers Forecasts a Drop to $900
The Fed may just have delivered an early Christmas present to the financial markets. After the Fed announced it would not taper its asset purchases, as many investors had expected, financial markets rallied, from stocks to bonds and even gold. While the S&P 500 surged 1.2% to a record high yesterday, gold prices have soared 5%...
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Asian shares pause after Fed-inspired rally
(Reuters) - Asian shares paused on Friday as investors sat back to ponder the U.S. Federal Reserve's policy outlook, a day after the world's most powerful central bank triggered a global rally in riskier asset markets with an unexpected decision to maintain its stimulus program.
The dollar drifted off a seven-month low against a basket of major
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