Dollar, minutes of the Fed in brief

The price of gold remained stable early Thursday, after the decline of the previous session on a dollar firmer after the minutes of the September meeting of the Federal Reserve have reinforced the expectations of a tighter monetary policy in the USA.

The spot gold price rose 0.1% to $ 1,223.13 per ounce at 0107 GMT. On Monday, it reached its highest level since July 26 at $ 1,233.26 an ounce.

US gold futures fell 0.1% to $ 1,226.40 an ounce.

The dollar was trading better against its main counterparts on Thursday after the US Federal Reserve's September meeting announced a few minutes that the central bank was planning to continue raising interest rates this year.

Fed policy makers are largely unanimous on the need to raise borrowing costs, as stated in the minutes of their most recent political meeting, although the US president Donald Trump believes that interest rate hikes have already gone too far.

White House economic adviser Larry Kudlow said on Wednesday that Trump was not asking for a policy change after being the subject of more criticism from the Fed on Tuesday when he has described rising US interest rates as "greater threat".

Trump said on Wednesday that he did not want to abandon his close ally, Saudi Arabia, following the disappearance of a Saudi journalist and a government critic, and that "we are not going to get away from it. he needed to see evidence to prove that Turkey had claimed that he had been killed by Saudi agents.

US housing construction fell more than expected in September, as construction activity in the South recorded the largest decline in almost three years, probably dampened by Hurricane Florence.

Asian stocks fell slightly on Thursday, the broadest index of the MSCI index, composed of shares of Asia Pacific outside Japan, down 0.3%.

China's new bank loans rebounded in September, following a contraction in the previous two months, central bank data showed, but credit conditions remained tense in an economy chilled by a current tariff war. with the United States.

UK Prime Minister Theresa May on Wednesday assured EU leaders that she could still reach an agreement on Brexit, avoiding a confrontation between stalled negotiations as Brussels accelerated planning for the Brexit. Failure of negotiations.

EU Budget Commissioner Guenther Oettinger on Wednesday denied a media report that the European Commission had already decided to reject Italy's draft budget for next year. .