Wednesday 21 August 2013

Market Outlook- Gold fell in choppy trade on Wednesday!

Gold fell in choppy trade on Wednesday as U.S. Treasury yields rose after the minutes from the latest Federal Reserve policy meeting showed few clues about the timing to scale back its bond-buying stimulus. Investors are anxiously waiting to see when the Fed will start to slow its $85 billion monthly asset purchases, with most predicting September as the beginning of the end of the quantitative easing program.

Headlines

1)    Gold Pares Decline as Investors Assess Fed Minutes, China Output
2)    WTI Crude Trades near Two-Week Low on Fed Support for Tapering
3)    Soybean Futures Rise to 10-Week High on U.S.Crop Concerns
4)    Gold Falls as FOMC Minutes Signal Support for Tapering Timeline
5)    Copper Falls Ahead of Fed Minutes, China Manufacturing Report

For detail analysis report please visit: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf

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