Non-Farm Payrolls Reignite Interest Rate Hike Expectations, Global Gold Prices Fall Over 2%
Source:
xnews.jin10.com
Non-farm payroll data has rekindled expectations for a Federal Reserve rate hike in September, with international gold prices falling more than 2% intraday. Iran plans to declare the Strait of Hormuz a "restricted zone," while US mediation has helped secure a three-day ceasefire between Russia and Ukraine.