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Gold struggles as Fed fears swirl before rate decision

  Bloomberg Gold kicked off a pivotal week seeing fresh declines as the dollar strengthened, with investors bracing for a Federal Reserve rates decision that risks putting more pressure on the precious metal. The metal slid as much as 0.9%, extending a slump over the past month in the face of the dollar’s relentless gains.

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Stocks decline as traders eye supersized Fed hike

Bloomberg Stocks fell with US equity futures, giving up early gains, as traders braced for another supersized US rate hike amid rising anxiety the Federal Reserve could overtighten and raise the odds of a hard landing. The Stoxx 600 Index dropped 0.8%, paced by losses on real estate and miners. US equity futures also declined after briefly trading higher, with ...

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Nasdaq makes first big crypto push to lure institutional clients

  Bloomberg Nasdaq Inc is making its first major push into crypto, as the second-largest stock exchange prepares to capitalise on increasing appetite for digital currencies among big-money investors. A new group dedicated to digital assets will initially offer custody services for Bitcoin and Ether to institutional investors, according to Tal Cohen, the company’s executive vice president and head of ...

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