Should The Fed And BoC Look Through The World Cup Employment Boost?
Developing story — details emerging. Check the source link for the latest updates.
Developing story — details emerging. Check the source link for the latest updates.
Stocks resumed their slide as technology shares remained under pressure and investors trimmed positions ahead of a key inflation reading in the US. Gold dropped.
Bond traders are piling into positions targeting multiple Federal Reserve interest-rate hikes in the coming months, with some looking for a move as early as the September policy meeting.
The rate of U. S. inflation is primed to top 4% for the first time in three years — and the negative repercussions are likely to be felt for the rest of the year.
Gold resumed declines as traders focused on the prospect of prolonged energy-market tightness despite Israel and Iran agreeing to end attacks and as some investors reacted to negative technical signals.