Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Market Roundup
• US jobless claims dip to 2-month low (252k v 262k forecast) as labor market firms, Continuing claims drop 36k.
• US home prices +0.5% in July, +5.8% y/y – FHFA.
• U.S. Aug existing homes sales -0.9% v +1.1% forecast, -3.4% previous; lack of supply blamed for drop.
• BoE's Forbes: latest data may point to faster growth in 2017.
• USD falls broadly after Fed cuts longer-term (‘17/’18) rate view; DXY at 1-week low.
• GBP off 5-wk lows, Forbes (hawk): effect of Brexit on UK econ less stormy than many expected.
• Stocks climb as Fed calms investors; bond prices up.
• Moody's: Mexico, Central American economies are most exposed to shift in US trade policy.
• Gold shines as dollar slips after Fed decision; Silver, palladium, platinum at two-week highs.
• Japan MOF Asakawa: Will take necessary action if speculative moves seen in yen.
Looking Ahead - Economic Data (GMT)
• 00:30 Japan Nikkei Mfg PMI Flash Sep 49.5-previous
Looking Ahead - Events, Other Releases (GMT)
• No Significant Events
Currency Summaries
EUR/USD is likely to find support at 1.1163 levels and currently trading at 1.1207 levels. The pair has made session high at 1.1257 and hit lows at 1.1198 levels. Euro inched higher against US dollar as Euro continued its yesterday’s bullish momentum on Thursday as U.S. Federal Reserve signaled a cautious approach to future interest rate hikes. The U.S. central bank on Wednesday held its target range on short-term rates unchanged at 0.25 percent to 0.50 percent, and left the door open for a possible rate increase in December. The dollar index fell to 95.048, its lowest point since Sept. 12. It rebounded slightly in afternoon trading, gaining largely against the euro and was last down 0.25 percent at 95.426. Earlier, the euro touched its highest level against the dollar in nearly a week at $1.1250. It was last up 0.15 percent at $1.1207.
GBP/USD is supported in the range of 1.3018 and currently trading at 1.3078 levels. It reached session high at 1.3120 and hit low at 1.3063 levels. The Sterling inched higher against US dollar on Thursday after a Bank of England policymaker said she saw no case for a further cut in interest rates to boost the economy following Britain's vote to leave the European Union. The comments from Kristen Forbes, one of the known hawks on the BoE's monetary policy committee put her at odds with the majority of her fellow rate-setters, who earlier this month signalled that rates would probably be cut again this year after they were reduced to record lows in August. But they followed upbeat comments from new MPC member Michael Saunders on Wednesday, who said Britain's economy is likely to grow at a reasonable pace in the coming years. Having slipped to as low as $1.2946 the previous day after falling below $1.30 on Tuesday, sterling climbed 0.6 percent on the day to trade at $1.3104.
USD/CAD is supported at 1.2980 levels and is trading at 1.3049 levels. It has made session high at 1.3075 and lows at 1.2997 levels. The Canadian dollar rallied against its U.S. counterpart on Thursday, buoyed by steady oil prices and a weaker greenback. Oil rose for a second day as a weaker U.S. dollar and surprisingly large drop in U.S. crude inventories emboldened investors ahead of next week's meeting of OPEC members and Russia to discuss supply. U.S. crude prices settled up 98 cents, or 2.16 percent, at $46.32 a barrel. The Fed on Wednesday signaled an increasingly cautious approach to future U.S. rate increases, sparking a rally in world shares and bonds. The Canadian dollar at C$1.3062 to the greenback, or 76.56 U.S. cents, stronger than Wednesday's close of C$1.3107, or 76.30 U.S. cents.
AUD/USD is supported around 0.7593 levels and currently trading at 0.7641 levels. It hit session high at 0.7673 and made session lows at 0.7625 levels. The Australian dollar strengthened against its American peer on Thursday as the currency pair was boosted by a lower greenback following the Fed meeting overnight and by the Bank of Japan's recommitment to lifting the economy out of decades-long stagnation. New Reserve Bank of Australia Governor Philip Lowe emphasised the limits to monetary policy in his first public appearance, saying it was "not particularly useful" to continue cutting rates in the hope that it will eventually lift growth. The Australian dollar climbed to a two-week high of $0.7675 following upbeat assessment of the economy by the country's central bank.
Equities Recap
European shares climbed to a two-week high on Thursday, boosted by a rally in mining stocks, after the U.S. Federal Reserve left interest rates unchanged and projected a less aggressive path for hikes next year and in 2018.
UK's benchmark FTSE 100 closed up by 1.1 percent, the pan-European FTSEurofirst 300 ended the day up by 1.65 percent, Germany's Dax ended up by 2.2 percent, France’s CAC finished the day up by 2.3 percent.
U.S. stocks climbed on Thursday, with big tech names leading broad gains, building on strength from a day earlier that was fueled by the Federal Reserve's decision to stand pat on interest rates.
Dow Jones closed up by 0.53 percent, S&P 500 ended down by 0.64 percent, Nasdaq finished the day up by 0.84 percent.
Treasuries Recap
U.S. Treasury yields fell on Thursday with benchmark yields hitting near two-week lows on revived bets the Federal Reserve would raise interest rates only slowly due to weak economic growth and inflation stuck below its 2-percent goal.
U.S. benchmark 10-year Treasury notes rose 9/32 in price, yielding 1.637 percent, down 4 basis points from Wednesday. It touched 1.6080 percent which was its lowest since Sept. 9.
The yield gap between five-year and 30-year Treasuries contracted to 118 basis points, about 1 basis point flatter than Wednesday
Commodities Recap
Gold rose to a two-week high on Thursday after the U.S. Federal Reserve's decision to keep interest rates on hold sent the dollar to its lowest level since the start of last week.
Spot gold rose for the fourth straight day, up 0.1 percent at $1,337.28 an ounce by 2:31 p.m. EDT (1831 GMT), after rising 0.5 percent to $1,343.64, the highest since Sept. 8.
Oil prices rallied again on Thursday, boosted for a second day by U.S. government data that showed a surprising crude inventory drop,but crude futures pared gains as traders worried that OPEC was not nearing an agreement to reduce a global glut.
U.S. West Texas Intermediate (WTI) crude futures settled up 98 cents, or 2.2 percent, at $46.32 a barrel. The session high for WTI
