Gold keeps firmer tone but trading within a narrow range and under key barrier on Thursday, as traders remain cautiously optimistic about still fragile ceasefire in the Middle East. Wednesday’s immediate reaction on announcement of Read more…
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High interest rates could force central banks to sell gold. The US dollar could rise thanks to the Fed’s passivity. Amidst the turmoil in the Middle East, the US dollar almost missed an important event Read more…
Initial euphoria over the US-Iran ceasefire has been replaced by caution European equities are retreating, with the STOXX 600 sliding 0.6% and Germany’s DAX shedding 1.3% The “peace dividend” is being questioned as Brent crude Read more…
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Bank of Japan Governor Kazuo Ueda emphasized that monetary policy remains supportive, noting that real interest rates in Japan are still “clearly negative” and keeping financial conditions accommodative. At the same time, Ueda flagged a Read more…
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