FOMC MEET ( Federal Open Market Committee )

The FOMCwas one of the biggest event that I use to trace continuously while trading commodities futures. The event

held yesterday and the minutes released Wednesday cover the July 31-Aug. 1 policy meeting. The Fed releases the minutes of its private discussions three weeks after each meeting. The policy committee will next meet Sept. 12-13.

Early reaction in the stock and bond markets was positive but muted. The price of gold, Continue reading “FOMC MEET ( Federal Open Market Committee )”