BoE is not ‘Fed light’: Expect first hike in Q1 17 – Danske Bank

Research Team at Danske Bank, notes that the Bank of England has made it clear that it is definitely not ‘Fed light’.
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Gold offered again at 76.4% fibo level

Gold was offered again at USD 1157.23 (76.4% of Oct high-Dec low), but the bulls remain on control after taking metal way above the weekly 50-MA for the first time after October.
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