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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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GLOBAL MARKETS-Stocks muted, gold at new peak as markets weigh Fed cut timing

GLOBAL MARKETS-Stocks muted, gold at new peak as markets weigh Fed cut timing
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Stocks Muted, Gold at New Peak as Markets Weigh Fed Cut Timing

Stocks Muted, Gold at New Peak as Markets Weigh Fed Cut Timing
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Asian stocks mixed, gold hits peak as Fed focus intensifies

By Naomi Rovnick and Kevin Buckland LONDON, TOKYO (Reuters) – European stocks were on track to race ahead of Wall Street on Friday, with exporters’ shares in high demand as the continent’s major currencies dropped against a dollar standing tall on bets the U.S. Federal Reserve would keep interest rates high. Europe’s broad Stoxx share…

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Dollar soars as investors eye ECB rate cuts, yen hits new 34-year low

Dollar soars as investors eye ECB rate cuts, yen hits new 34-year low
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