Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

MTECHTIPS:-Gold treads water as markets brace for ECB decision

% of readers think this story is Fact. Add your two cents.


MTECHTIPS:-Gold treads water as markets brace for ECB decision

 

MTECHTIPS-Gold prices steadied below their highest level in about a year early on Thursday, as markets braced for the latest meeting of the European Central Bank for fresh clues on when it will start to shift away from its ultra-easy policy. The European Central Bank’s latest interest rate decision is due at 1145 GMT (7:45 AM ET), with no major policy changes expected. Most of the focus will be on President Mario Draghi’s press conference 45 minutes after the announcement, as investors look for more clues on when and how the ECB could start unwinding its massive quantitative easing program. Announcing new staff forecasts, policymakers will likely upgrade the ECB’s growth outlook and reduce inflation projections but only slightly. Having already expressed concern about the rise of the euro in July, policymakers may also repeat their warning about the currency moving too quick. Market experts believe the central bank is likely to wait until October before announcing a tapering of its €60 billion of monthly asset purchases. Comex gold futures were at $1,340.17 a troy ounce by 2:40 AM ET (0640 GMT), up $1.20, or around 0.1%. Prices remained within sight of their best level since Sept. 8, 2016 at $1,349.70, touched earlier this week.

MTECHTIPS-Apply For 2 Days Free Trails Equity & Commodity Tips

WWW.MTECHTIPS.COM

07489294118-119



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.