Asia And European Markets Slide Post US Inflation Data, Crude Jumps 3% While Gold Surpasses $1,900 – Global Markets Today While US Was Sleeping
On Thursday, October 13, the U.S. stock markets closed in red, affected by rising bond yields following a U.S. Treasury auction and data indicating a higher-than-expected increase in September consumer price.
The benchmark yield surged to 4.728%, reversing the declines observed over the last two days. U.S. inflation for September was 3.7%, slightly above the expected 3.6%.