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‘Short-term pain seen for gold’ - UBS

Bloomberg reported comments from Dominic Schnider, Head of Commodity & APAC FX, UBS Wealth Management, expressing his view on gold in 2018.

Key Points:

Short-term pain seen for gold.

Gold in 2018 may see price around $1200/oz.

Stronger physical demand likely towards end of 2018.

Oil could slide to $57/bbl short here.

‘FOMC almost certain to deliver the third rate hike of 2017’ – Goldman Sachs

Goldman Sachs’ Analysts came out with a brief preview on their expectations on the final FOMC meeting of this year, with a rate hike widely priced-in
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NZ Govt appoints Adrian Orr as the new RBNZ Governor

Reuters reporting the latest headlines citing that the New Zealand government appointed Adrian Orr as the new Reserve Bank of New Zealand (RBNZ) Gover
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