Metal falls on firming dollar & Fed's tapering of monetary stimulus concerns

摘要

U.S. stock market declined on Friday, with the Dow industrials and S&P 500 Index recording their worst performance during the month since May 2012, as Wall Street was anticipating possible U.S. stnke against Syria. Apart, U.S. economic data announced recently has been mixed, but most analysts still expect the Fed to start trimming its $85 billion in monthly bond purchases next month. US economic data plays a crucial role in the Federal Reserve's decision about when to slow the rate of its bond purchases. The Fed now buys $85 billion a month in assets, which analysts say weigh on the greenback.