Gold is underpinned by expectations for lower short term rates.
Earlier:
Gold is underpinned by expectations for lower short term rates.
Earlier:
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South Korea flag FX volatility risks as policy divergence bites (they should call the RBI). The Reserve Bank of India intervention yesterday sent USD/INR into a tailspin, but a 50% or so recovery ensued.
SPX -1.16%, Nasdaq -1.93% on AI rout & BTC dump. Energy & metals surge on Venezuela tensions. Fed hints at cuts.
Morgan Stanley sees US CPI confirming persistent inflation pressures A firm CPI outcome would reinforce expectations that the Fed will be slow to pivot toward rate cuts, supporting higher-for-longer rate pricing.
PBOC is expected to set the USD/CNY reference rate at 7.0403 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.
IONQ eyes 95% upside with $90 target, but lofty valuation & losses loom. Traders watch growth vs. risk.
US unemployment hits 4-yr high in Nov. Markets slip, but Tesla defies gravity. Traders eye Fed pivot.
Marshall Islands pilots crypto UBI via Stellar's network! USDM1 bond backed by Treasuries. XLM traders eye correction end.
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