Afternoon Briefing 23 Mar 2023: Gold Rises on Fed's Rate Pause

DCFX · 23 Mar 2023 21K Views

Asian Markets

Asian stocks mostly rose as after the Fed's rate hike, Yellen said there were no plans to insure bank deposits.



European Markets

European shares opened lower as investors weighed the Fed's comments and rate hikes.



US Pre-Open Markets

The S&P 500 is likely to decline as investors weigh the Fed's prospects for a rate hike.



Commodities

Gold rose as the Fed signaled a pause in interest rate hikes.



U.S. Treasury Yield

Treasury yields fell after signaling the Fed's rate hike campaign is drawing to a close.



Major Currency Pairs

Dollar drops on signals of a pause in interest rate hikes.



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