FOMC Meeting Minutes Show Rates May be Held Steady for Longer; Commodities, Especially Precious Metals, Sell Off; US Stock Indices Reach New Record Highs; UK CPI Falls to Lowest Level in 3 Years but Questions Remain

New Zealand’s central bank kept its official cash rate at 5.50% on Wednesday but said that inflation was too high and that a rate hike was on the table.

NZD Rises as Central Bank Floats a Possible Hike; Equity Indices Reach New Highs; Markets Await FOMC Meeting Minutes, UK CPI; BoE’s Bailey Thinks Next Rate Move Will be a Cut

Gold, Silver, Copper Fall Back from Swing Highs; Markets Expecting Drop in Canadian Inflation

Gold, Copper Reach All-Time Highs; Silver Hits 11-Year High at $32.50; Most Stock Markets are Bullish; Japanese 10-Year Yield Rises to 11-Year High

US inflation resumes downward trend.