Fed is making a policy mistake that will eventually be positive for gold - WisdomTree’s Nitesh Shah
(Kitco News) - The gold market is struggling as expectations for the start of the Federal Reserve’s easing cycle continue to be pushed back; however, according to one market strategist, the longer the central bank waits, the greater the risk of a policy mistake, which could ultimately be positive for the precious metal.
Gold prices show cautious market optimism ahead of FOMC minutes, analysts see breakout potential
(Kitco News) - Wednesday’s 2 pm EST release of the minutes from the January FOMC meeting is the only significant economic news event on the docket this week, and it has captured the attention of precious metals markets, with traders and analysts weighing in on gold’s potential responses to the revelations they may contain.
World Bank: Emerging economies must grow 'much faster' to repay debt
LONDON, Feb 21 (Reuters) - The World Bank warned that high borrowing costs have "changed dramatically" the need for developing nations to boost sluggish economic growth.The multilateral lender's latest warning comes as international bond sales from emerging market governments hit an all-time record of $47 billion in January, led by less risky emerging economies such as Saudi Arabia, Mexico and Romania.