Home crypto news Global equities gain, as rising bond yields pressure gold

Global equities gain, as rising bond yields pressure gold

by pfuwi
0 comment

Published by
Reuters UK

By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) -Global shares stemmed a five-session rout on Tuesday as bank shares rebounded and closely-watched U.S. inflation data was in line with expectations, bolstering bets of a smaller interest rate hike by the Federal Reserve at its meeting next week. Bond yields in the U.S. and the euro zone rose after plunging the previous day, curbing a crisis-driven rally in gold. Crude oil futures dropped over 4% to a three-month low. Data showed the U.S. Consumer Price Index (CPI) rose 0.4% in February versus 0.5% a month earlier. On a yearly basis…

Read More

Source link

You may also like

Leave a Comment

Our Company

newswebby is where tomorrow is realized. it is the essential source of information and ideas that make sense of a world in constant transformation. the newswebby conversation illuminates how technology is changing every aspect of our lives—from culture to business, science to design. the breakthroughs and innovations that we uncover lead to new ways of thinking, new connections, and new industries.


Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Laest News

© 2023  – All Right Reserved. Newswebby