Metals Rebound as Sentiment Improves After US Inflation Shock
Metals โ including copper, aluminum and zinc โ rebounded in London after a shaky few days of trading fueled by fears of more aggressive tightening by the Federal Reserve.
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Metals โ including copper, aluminum and zinc โ rebounded in London after a shaky few days of trading fueled by fears of more aggressive tightening by the Federal Reserve.
US inflation rose to 3.7% in September, above forecasts, as the Nasdaq fell 1.88% and gold dropped 1.04% to US$4,112. What it means for Brazil. The post US Inflation Rises to 3.7% as Nasdaq Drops 1.9% | Global Economy, Oct 15 appeared first on The Rio Times.
Odds of a Fed hike at the 27-28 October meeting jumped 29 points to 47.5% on Polymarket after the September inflation report (14 Oct). The post Fed Hike Odds Hit 47.5% After US Inflation appeared first on The Rio Times.