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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…

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…

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…