market times | Gold and silver drop course.
Audio version.
▫ The publication of inflation data in the US and the hawkish speeches of the members of the Federal Reserve led the market's expectations to raise interest rates again; the possibility of more than one step of increase was even raised.
▫ In such an atmosphere, bond yields rose and the stock market and various assets came under pressure.
At the same time, concerns about Nvidia's prospects and the state of the chip industry fueled market uncertainty.
▫ On the other hand, analysts believe that core inflation will continue until next year; Thus, the hope of easing financial conditions faded; At least it can be said that it is so for now.
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