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Mar 19, 2015
Gold bounces-off fresh 2-week highs above USD 1170
Gold prices on Comex rebounded sharply from its recent four-month low and rallied to fresh two-week highs in the Asian session, as traders interpreted the FOMC statement and projections as more dovish than expected, indicating a shift in rate hikes.
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Mar 19, 2015
Nikkei retreats from fresh 15-yr highs
The Japanese equities index jumped to fresh fifteen year highs at open following the overnight cues from Wall Street where stocks closed sharply higher in response to the US Federal Reserve's announcement - which traders viewed as dovish regarding the outlook for interest rates. However, the gains were quickly erased due to profit-taking from the market's recent gains.
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