Replies to post #32645 on Economic Collapse

[basserdan]

10:33a U.S. crude-oil inventories down 7.2 million barrels last week: EIA

10:33a U.S. gasoline supplies fall by 1 million barrels: EIA

10:33a U.S. distillate stockpiles down 1.9 million barrels: EIA

10:33a Sept. WTI crude trades at $48.43/bbl on Nymex, up from $48.13 before supply data

[basserdan]

1:41p Gold settles lower for a third session ahead of the Fed policy update

1:41p August gold down $2.70, or 0.2%, to settle at $1,249.40/oz


2:00p Fed says it will begin balance sheet normalization 'relatively soon'

2:00p Fed maintains target federal funds rates between 1% and 1.25%

2:00p Fed makes small modification to way its describes jobs and inflation

2:00p Fed votes 9-0 in favor of decision

2:01p Treasury yields edge up after Fed policy statement released

2:02p Gold edges up in electronic trading as Fed stands pat on interest rates

2:02p August gold at $1,252.60/oz, up from the $1,249.40 Comex settlement

2:07p Dollar gauge slips into negative territory following Fed policy update