Worse than expected US inflation boosts greenback, softens commodities

COPPER dropped about 1% after worse than expected US CPI data laid the foundation for another big interest rate rise next week.

Worse than expected US inflation boosts greenback, softens commodities Worse than expected US inflation boosts greenback, softens commodities Worse than expected US inflation boosts greenback, softens commodities Worse than expected US inflation boosts greenback, softens commodities Worse than expected US inflation boosts greenback, softens commodities

Nickel too fell about 1% as did gold.

US stocks were right in the firing line following the negative data print, with the S&P 500 down 4%.

Earlier the major miners in London were softer.

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