Stocks Fall, Traded Interest Rates Jump, as US Inflation Accelerates
US index futures have dropped off a cliff in the minutes following the release of a hotter than expected US inflation report. Through the morning ahead of the news, the three main US index futures contracts had been flat but now are down 1.1%-1.5%. Headline US Consumer Prices (3.5% vs street 3.4% and previous 3.2%), […]