In-Line Inflation Keeps Stocks Steady and Lifts Gold
In-line inflation data supported risk appetite, with equities holding steady and gold gaining, according to market analyst Chris Beauchamp.
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Chris Beauchamp, Chief Market Analyst at an online trading and investing platform, said the latest inflation figures came in as expected. That outcome supported risk appetite and kept equities on an even keel.
The same data gave gold a lift, he added.
Source: FXStreet Forex News