Feb 23 Gold prices held steady on Thursday as
the U.S. dollar firmed following overnight losses after the
release of minutes from the last U.S. Federal Reserve meeting,
which suggested a cautious approach to interest rate hikes.
* Spot gold had crept down 0.1 percent to $1,236.30
per ounce at 0109 GMT, while U.S. gold futures rose 0.4
percent to $1,237.6.
* Many Fed policymakers said it may be appropriate to raise
interest rates again "fairly soon" should jobs and inflation
data come in line with expectations, according to the minutes of
the Fed's last policy meeting.
* The minutes of the Jan. 31-Feb. 1 discussion also showed
the depth of uncertainty at the Fed over the lack of clarity on
the new Trump administration's economic programme.
* Asian stocks pulled back from a 19-month high on Thursday,
while the dollar tried to steady from losses suffered in the
wake of the Fed minutes. The dollar index was up 0.1
percent at 101.37.
* Stock market optimism about U.S. President Donald Trump's
economic agenda is overdone and political risk in Europe isn't
priced in, according to some hedge funds who are betting that
the rally in equities is coming to an end.
* Veteran French centrist Francois Bayrou said on Wednesday
he was offering an alliance with independent candidate Emmanuel
Macron, a move that could give the former investment banker a
much-needed boost to reach the runoff in May's presidential
* More than 20 percent of UK consumers are worried about the
impact of Brexit on their spending plans over the next year,
according to a report published by PwC on Thursday.
* Euro zone inflation rose to an annual rate of 1.8 percent
in January, the European Union statistics agency said on
Wednesday confirming its earlier estimates.
* Holdings of the largest gold-backed exchange-traded-fund
(ETF), New York's SPDR Gold Trust , remained unchanged on
Tuesday from Friday.
DATA AHEAD (GMT)
0700 Germany Detailed GDP Q4
0700 Germany GfK consumer sentiment Mar
0745 France Business climate Feb
1330 U.S. Weekly jobless claims
1330 U.S. National activity index Jan
1400 U.S. Monthly home price index Dec
(Reporting by Arpan Varghese in Bengaluru; Editing by Joseph