Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
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Gold rises 1.2% as Fed hike bets firm after inflation data
Spot gold climbed 1.2% to $4,366.69 per ounce by 11:22 a.m. EDT, rebounding after recent losses as U.S. inflation data boosted expectations for a Fed rate hike next week.
Gold rises 1.6% as Fed hike bets increase
Spot gold gained 1.6% to $4,385.14/oz by 9:23 a.m. EDT after U.S. inflation data boosted expectations of a Fed rate hike next week.