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Hawkish Fed Outlook Weighs on Asian Equities, Gold, and Oil Prices
Asian equities retreated and gold prices fell, with Goldman Sachs cutting its year-end gold forecast, as hawkish statements from the Federal Reserve dampened hopes for interest rate cuts. The prospect of sustained higher rates also contributed to a significant weekly drop in oil prices.
19 Jun, 03:23 — 19 Jun, 05:21
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left
Center1
Center (1)
bloomberg
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity— 1 region4/34
US2
ℹAll sources from US region
ℹOnly 2 sources cover this story
Sources
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bloombergHigh7d ago
Goldman Sachs Lops $500 Off Gold Target on No Fed Cuts This Year - Bloomberg.com
Goldman Sachs Lops $500 Off Gold Target on No Fed Cuts This Year Bloomberg.com
Read full article →seeking-alphaMixed7d ago
Asian equities retreat as hawkish Fed and sliding tech futures weigh, Yen slumps past 161; oil set for 10% weekly drop
Read full article →Coverage Timeline
First report: bloomberg · 19 Jun, 03:23|Full coverage: 2 · 2h|Window: 2h
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