U.S. inflation cooling across the board Gold surges past $2,400 in a straight-line frenzy
Hawk News
2024-07-12 15:53:00
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July 11, the U.S. labor statistics data show that in May, excluding food and energy costs of the core CPI ring rose 0.1%, the smallest increase since August 2021, than the increase of 3.3%, but also more than three years to the lowest level.
After the release of the data, gold strong breakthrough 2400 U.S. dollar mark, silver rose nearly 3% during the day, once stood at 32 U.S. dollars, the U.S. dollar index short-lived more than 40 points lower, non-U.S. goods market generally up, the euro against the dollar short-lived nearly 50 points higher, the pound against the dollar short-lived more than 60 points higher, the U.S. dollar against the yen short-lived 90 points lower.
The three major U.S. stock indexes were mixed, the S&P 500 index fell 0.88%, the Nasdaq composite index fell 1.95%, the Dow Jones index rose 0.08%.
Translated with DeepL.com (free version)
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