Stocks Edge Higher, Week Ahead, Microsoft, Boeing, Amgen – Five Things To Know

Stock futures edge higher into end-of-year push; Week Ahead: Fed Meeting highlights crucial series of central bank decisions; Boeing shares rise on report of Air India 737 Max deal; Microsoft takes 4% stake in London Stock Exchange Group and Horizon Therapeutics surges on report of $26 billion Amgen takeover. Read More...


Gold slips as caution sets in for busy cenbank week

Gold prices edged lower on Monday as investors squared positions ahead of U.S. inflation data and a slew of central bank meetings across the world, especially the Federal Reserve. Spot gold was down 0.3% at $1,792.15 per ounce, as of 1003 GMT. “Friday’s stronger-than-expected US PPI suggested that inflation is not cooling enough, which helped trigger profit taking and another rejection at $1,808, a key level of resistance for gold,” said Ole Hansen, head of commodity strategy at Saxo Bank.

Read More

Add Comment

Click here to post a comment