Gold Slips, Stocks at Records Ahead of Inflation Data That Could Spark Market Swings
• Gold prices fall as US Treasury yields and dollar strengthen; stocks hit fresh records • EUR/USD and GBP/USD inch lower but hold above key support ahead of US CPI data • US CPI report on Tuesday could spark volatility across financial markets • Hotter inflation may lift yields & dollar but dent stocks and gold; cooler inflation could have opposite impact • Check DailyFX forecasts for insights on future moves in gold, dollar, pound, euro and other markets