Judge lambasts Zuma, orders him to pay costs of state capture report
Disney to buy key 21st Century Fox assets for $52.4 billion
James Mangold speaks out on Disney and Fox talks
Asia Markets Mixed, After Yellen Speech
28 September 2017, 12:31 | Ruben Stone
The most-active gold contract for December's delivery fell $9.80, or 0.75 percent, to settle at $1,301.70 per ounce.
Kevin Logan, chief US economist at HSBC Securities, in NY, said her message is that "they're not really sure" whether the weak inflation is transitory but that "nonetheless policy is accommodative".
Following on from last week's FOMC meeting, Yellen delivered a keynote speech in Cleveland yesterday, with the focus on inflation. As the figure shows, based on that history, there is a 30 percent probability that inflation could be greater than 3 percent or less than 1 percent next year. The Nasdaq Composite Index gained 34.19 points, or 0.54 percent, to 6,414.36.
US officials emphasized the urgency of attempts at diplomacy to ease tensions with North Korea on Tuesday, while the USA stepped up sanctions amid an escalating war of words between Washington and Pyongyang.
US POLITICS WATCH: House Republicans and the Trump administration officials are due to give details of the plans for a long-awaited tax proposal on Wednesday, which are expected to reduce individual and corporate tax rates.
Emerging markets felt the brunt of Fed chairperson Janet Yellen's hawkish comments on Tuesday, with the rand, Turkish lira and Mexican peso coming under massive pressure, according to TreasuryOne. Trump has praised Yellen since taking office, saying he approves of the Fed's current low interest rates and respects the chair. USA prices had rallied on Monday, with the gains spurred in part by a threat from Turkey's president to cut off oil exports from a Kurdish region of Iraq.
"In my view, it strengthens the case for a gradual pace of adjustments", Yellen said.
Police responding to church shooting near Nashville Police at the scene of a church shooting at the Burnette Chapel Church of Christ in Antioch, Tennessee, September 24, 2017 . Please join me in praying for the victims of today's church shooting in Antioch, victims' families and their community.
Ted Cruz doesn't support latest ObamaCare repeal bill The renewed GOP drive has encountered widespread opposition from health industry groups, which have strongly opposed the effort. McCain's announcement is a near fatal blow to the legislation, which now needs every other Republican vote in the conference.
Brees throws 3 TDs, Saints dominate Panthers 34-13
The Panthers won four of the first five games between the two teams, with a team built out of plenty of Saints players. Overall, it was a sloppy loss for a Carolina team who was lucky to play against bad teams in the first two weeks.
New England Patriots vs Houston Texans
The only time Watson didn't look like a polished product was an terrible decision early in the second quarter. The Patriots picked up Brandin Cooks this off-season after conducting a trade with the New Orleans Saints .