The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Gold prices were subdued on Wednesday as investors looked ahead to more U.S. data this week for clues about the timing of the final rate hike by the Federal Reserve.
Spot gold slipped 0.4 percent to $1,966.40 per ounce while U.S. gold futures were down 0.3 percent at $1,984.85.
The bias for the dollar remains mostly bearish, helping cap the downside for bullion.
CME Group's FedWatch Tool currently indicates a 59.4 percent chance the Fed will leave rates unchanged at its next meeting in early May and a 40.6 percent chance of a 25-basis point increase.
Analysts say that the chances of a Fed pivot are unlikely before the end of the year. The dollar regained some ground today, snapping a two-day losing streak.
Recent worries over a possible banking crisis continued to ease after top U.S. regulators expressed confidence that banks were solvent, blaming the recent collapse of Silicon Valley Bank on mismanagement, rather than systemic risks.
A report on U.S. pending home sales may attract some attention later today, though trading activity may remain somewhat subdued ahead of Friday's report on personal income and spending for February, which includes a reading on inflation said to be preferred by the Federal Reserve.
