NEW YORKâOil and gold rose on Wednesday after NATO and the United States said Russia was increasing its troop build-up near Ukraine, while a dovish reading of minutes from the last Federal Reserve meeting helped stocks close mostly flat on Wall Street. Stronger-than-expected U.S. retail sales data and higher inflation readings from Canada and Britain added to the outlook for tighter monetary policy worldwide, but geopolitical tensions kept markets for the most part focused on the Ukraine standoff. Fed policymakers agreed it was time to raise interest rates but that any decision would depend on an analysis of inflation and other data each time they met, minutes from their two-day meeting in late January showed. “The reading of the Fed minutes is less hawkish, less aggressive rate hikes, at least initially,” said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder. “The minutes are little bit more dovish than we …
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