Markets in Europe and Asia Slide: Gold Crosses $1,900, Crude Rises 3% Following US Inflation Data-International Markets Today While the US Was Asleep
U.S. stock markets closed lower on Thursday, October 13, as a result of data showing a higher-than-expected increase in September consumer prices and rising bond yields after a U.S. Treasury auction. The benchmark yield reversed the previous two days’ falls, rising to 4.728%. September’s U.S. inflation was 3.7%, just higher than the 3.6% forecast. For … Read more