Asian stocks muted, gold at new peak as markets weigh Fed cut timing : vimarsana.com

Asian stocks muted, gold at new peak as markets weigh Fed cut timing

Gold rose to a fresh all-time peak after a mild reading for producer price inflation kept alive hopes for Fed easing this year, though U.S. Treasury yields stuck close to five-month highs in the wake of hotter-than-expected consumer price data mid-week that forced a paring back of rate cut bets.

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