Gold and silver move lower ahead of the European open kitconews gold silver finance investing mining economics metals
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! Risk sentiment was mixed overnight as the ASX and Nikkei 225 pushed higher but the Shanghai Composite fell 0.10%. Futures in Europe are indicating a negative cash open.
In FX markets, the dollar index pushed 0.50% higher and USD/JPY was the biggest moving major. In the crypto space, BTC/USD is back at $20k.Fed's Mester says inflation is too high but the rate hike decision does not need to be made yet.Fed's Daly says her most likely response is a 75bp rate hike in July.US President Biden says he will use force to stop Iran from getting a nuclear weapon.Switzerland's June producer and import prices +0.3% vs +0.9% m/m prior.
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