Wednesday Outlook: Asia on tenterhooks for Fed; oil extends bull run, $100 not impossible

Dollar holds near one-month high; gold slips

  
A pump jack operates at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Image used for illustrative purpose

A pump jack operates at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Image used for illustrative purpose

REUTERS/Nick Oxford

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Asia on tenterhooks for Fed, oil keeps climbing
All eyes on Fed for tapering outlook, dot plots

Oil bulls take charge as demand outlook improves, Brent up a fifth day
Brent crude was up 69 cents, or 0.9%, at $74.68 a barrel

Dollar holds near one-month high; focus on Fed's inflation take
The dollar index stood at 90.528, having hit a one-month high of 90.677 on Tuesday despite mixed U.S. economic data

Gold slips on dollar strength as markets await U.S. Fed statement
Spot gold was down 0.2% at $1,855.12 per ounce


 

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