Gold Steady as More Oil and Falling Yields Ease Rate-Hike Bets
Gold held gains as increasing oil supplies from the Middle East and a decline in bond yields eased pressure on the US Federal Reserve to hike interest rates this month.
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Gold held gains as increasing oil supplies from the Middle East and a decline in bond yields eased pressure on the US Federal Reserve to hike interest rates this month.
Property markets in the Asia-Pacific region are likely to remain attractive despite heightened uncertainty over monetary policy after the US Federal Reserve delivered its first interest rate increase in more than three years this month, analysts say, with several asset classes and sectors expected to draw investor interest. โWeโve seen volumes, specifically cross-border volumes in the region, increase by around 30 per cent to date,โ said Emily Fell, senior director for living sectors in...
The 25 basis-point hike is the first raise in three years and comes ahead of critical midterm elections in the US.