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Western investment in gold ETFs and bullion is badly 'underweight' as global stock markets start to retreat, copper slips from its new record highs, but the Federal Reserve refuses to start cutting interest rates for fear of inflation rebounding
Wall Street indexes retreated on Wednesday, led by declines in rate-sensitive sectors as concerns around the timing and the scale of the Federal Reserve's interest rate cuts pushed Treasury yields...
Investors' focus in the middle of the week will continue to be on the scheduled remarks of top Fed officials as investors continue to wait on the week's key release, the PCE price index on Friday.
PCE data ahead this week, ECB's rate path in focus - what's moving markets
Top 5 things to watch in markets in the week ahead