PPI Beats Expectations, Lifting September Rate Hike Hopes as US and Brent Crude Oil Both Break $100
Source：
xnews.jin10.com
PPI data exceeding expectations increased the likelihood of a Federal Reserve rate hike in September, causing international gold prices to plunge as much as $120. Meanwhile, Houthi control over strategic positions in the Red Sea pushed both U.S. and Brent crude prices above $100.
