Asian Metals Market Update: Broad-based selloff in all asset classes

By: Admin
2 weeks ago
8664

Asian Metals Market Update: Broad-based selloff in all asset classes

The direction of US stock markets and US stock futures will be the key mover and shaker. Traders have started pricing in a 0.75% interest rate hike in the June meeting by the Federal Reserve. I expect a 0.50% interest rate hike in the June FOMC meeting only if crude oil continues to rise for the next thirty days.

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https://goldseek.com/article/asian-metals-market-update-broad-based-selloff-all-asset-classes