Author: Inez95C846

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Mexican cenbank cuts key interest rate 50 basis points to 5.0%

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AngloGold CEO Won’t Rule Out $2,000 an Ounce Gold Price

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Stocks retreat on busy day of earnings, after ECB signals lower rates ahead

Financial markets traded in thin volumes ahead of Christmas holidays. Wall Street climbed higher with both DJIA and S&P 500 indices adding +0.2%. The broad European Stoxx 600 index slipped -0.12%. US dollar remained firm with the USD index (DXY) staying around the highest level in 13 years. Treasury gained with yields lowered as safe haven demand increased.

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Yellen Affirmed Buoyant Employment Market