Gold prices retreated on Tuesday as a stronger U.S. dollar put pressure on precious-metals prices as traders awaited the latest batch of inflation data out of the U.S. due Wednesday.
Oil futures traded higher early Tuesday, leaving the front-month contract within striking distance of its highest settlement level since November as investors awaited more U.S. inflation data and a European central bank decision on interest rates.
How much should we be worrying right now? Our call of the day from Pershing Square Capital Management manager Bill Ackman says that in the near term, we can relax a little