US Stocks Re­treat as Yen Strength­ens

The Economic Times - - Commodities Plus -

US stocks slipped, gold ral­lied and the yen strength­ened to a 17-month high amid re­newed con­cern that cen­tral bank poli­cies have failed to re­vi­talise growth. Gold rose af­ter min­utes of a Federal Re­serve meet­ing reaf­firmed US pol­icy mak­ers aren’t rush­ing to raise in­ter­est rates.

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