Index futures slipped after the stock market reached new records on Tuesday. Investors will also be watching new data on housing starts and industrial production.
Gold futures hit a new all-time high in the Asian session on Fed rate-cut hopes, lower Treasury yields and geopolitical tensions—and prices look set to climb even higher.
The dollar could perform well over the summer as bets on Donald Trump winning the presidential election offset prospects of interest-rate cuts, ING said.
Consumer prices in June remained unchanged at the Bank of England’s target, leaving the door open for an interest-rate cut at its August meeting, despite concerns about rapid rises in services prices.
VF found as part of a strategic portfolio review that sale of Supreme was a natural next step given limited synergies between the two businesses, while the EssilorLuxottica aims to expand its portfolio through the acquisition, the companies said.
