Fed Tightening Bets Rise

Gold losses extend as rate hike bets increase The market has increased rate hike bets with 42 bps of tightening priced in by year-end. The Fed's hawkish surprise has pushed real yields and the US dollar higher. Economic data and financial markets will guide

Gold losses extend as rate hike bets increase

The market has increased rate hike bets with 42 bps of tightening priced in by year-end.

The Fed’s hawkish surprise has pushed real yields and the US dollar higher.

Economic data and financial markets will guide the Fed’s decision, with a 36% chance of a hike in July and 72% probability of a move in September.

Leave a Reply

Your email address will not be published. Required fields are marked *