Markets The German Bund excelled yesterday. European PMIs showed momentum weakening rapidly and more than expected. High inflation, ongoing supply snarls, uncertainty related to the war in Ukraine and tighter financial conditions heavily weigh on activity, demand and optimism going forward. Money markets adjusted the expected terminal ECB policy rate from 2.5% to 2%. The […]
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Gold fell below 4,700 USD per troy ounce on Monday, extending last week’s losses. Pressure on the precious metal has intensified following the breakdown of attempts to resume negotiations between the US and Iran, as Read more…
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