Following the Fed minutes, the two-year Treasury yield hit a daily high, and the dollar index jumped to a one-week high. Post-UK CPI, the pound reached a two-month high.
After the Fed minutes, gold and oil hit daily lows, eachdropping nearly 2%. Oil saw a three-day losing streak. LME copperfell over 4%, and NYMEX gold continued to drop from record highs. NYMEX copper, which hit a record high,fell over 6%, and LME nickeldropped over 4%. Bitcoin surged over$1,000intraday but fell below the$70,000mark.