Hedge funds' bearish bets get crushed in post-Fed meeting rally

Hedge funds’ bearish bets get crushed in post-Fed meeting rally By Reuters – Canada Boosts

© Reuters. FILE PHOTO: 4 thousand U.S. {dollars} are counted out by a banker counting forex at a financial institution in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photograph (This Dec. 15 story has been corrected to repair the identify of the reporter within the signoff line on the finish of story) By Carolina Mandl…

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AngloGold Ashanti shares gain following post-Fed spike in gold prices

AngloGold Ashanti shares gain following post-Fed spike in gold prices By Investing.com – Canada Boosts

© Reuters. Investing.com — U.S.-listed shares in AngloGold Ashanti (NYSE:) surged in premarket buying and selling in New York on Thursday, fueled by a spike in gold costs which stemmed from indications that the Federal Reserve is open to rates of interest cuts subsequent 12 months. By 07:46 ET (12:46 GMT), the gold miner’s inventory had risen…

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