Sentiment Dampened by Rising Rate Hike Hopes

Risk appetite diminished on intensified speculations of additional Fed funds rate hike later this year. The historically dovish Boston Fed's Rosengren warned last Friday that low interest rates would overheat US economy. The market is closely watching Governor Brainard's speech later today, expecting it would be indicative of Fed's monetary policy outlook.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/sentiment-dampened-by-rising-rate-hike-hopes-2016091233556/