Gold prices pull back from record high
Gold prices fell on Tuesday after reaching a record high the day before, as the US dollar gained 0.1 per cent,…
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Fed rate cut
Gold soars to all-time high on rate cut bets
Gold prices hit a record high on Monday due to expectations of a US Federal Reserve interest rate cut.
Japanese yen strengthens amid slowing US inflation
The Japanese yen has seen a two-day rally on Thursday, bolstered by data released on Wednesday indicating a…
Dollar gains ground, yen weakens on Wednesday
The US dollar rebounded on Wednesday, extending gains after earlier losses triggered by renewed bets on Federal…
Fed may delay rate cuts to Sept. – Morgan Stanley
Investment bank Morgan Stanley pushed back its forecast for US Federal Reserve rate cuts to September from their…
Default risk in emerging markets decreases
The risk of government defaults in emerging markets is diminishing, fueling a bond rally, especially in junk-rated…
AfDB 2023