US inflation expectations, as measured by the 10-year breakeven inflation rate per the St. Louis Federal Reserve data, dropped for the third consecutive day to by the end of Thursday’s American session, per the FRED website. That said, the inflation gauge dropped to the 2.46% level at the latest, the lowest readings since December 21.
The softer inflation expectations test the market fears of the Fed’s early rate hike, which in turn challenge US Treasury yields and US dollar advances. It’s worth noting that the recently hawkish Fedspeak and FOMC Minutes weighed on the commodity prices.
Gold licks its wound around $1,790 while bracing for the first weekly fall in four during early Friday’s Asian session. The yellow metal seesaws near a 12-day low amid the market’s cautious mood ahead of the US jobs report for December.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论。 来发表第一条观点吧。