Key Points
(Reuters) Gold held steady on Wednesday ahead of the release of the U.S. Federal Reserves latest monetary policy meeting minutes and other economic data, with a firmer dollar keeping prices in check...
* The dollar index held firm, making bullion less attractive for overseas buyers..
* Investors will look out for minutes of the June 13-14 FOMC meeting when the central bank held rates steady at 5%-5.25% and signalled the need to deliver at least two more quarter-point interest rate hikes before the end of the year...
* The worlds major central banks delivered the biggest number of monthly interest rate hikes year-to-date in June, surprising markets and flagging more tightening ahead as policy makers grapple to get the upper hand in the battle against inflation...
* The most important Asian economic indicator from a packed calendar on Wednesday will be Chinas services purchasing managers index report for June, which comes amid the latest ratcheting up of U.S.-Sino tensions...
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