Fed still expects two rate cuts this year
The Federal Reserve still expects to cut interest rates twice this year, the three major U.S. stock indexes edged higher, the Nasdaq expanded to 1 per cent, the S&P 500 index rose 0.69 per cent, the Dow rose 0.52 per cent.
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Spot platinum hits the $1700 mark, now quoted at $1699.60, down 1.46% on the day
Spot platinum has just crossed the $1,700.00/oz mark, now quoted at $1,699.60/oz, down 1.46% on the day; Nymex platinum futures main contract is currently at $1,708.8/oz, down 0.86% on the day.
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