Gold prices achieved an unparalleled milestone, soaring to a new zenith despite complex global dynamics. This climb highlights a sustained upward trajectory, ignited at the week’s onset, amid anticipation of significant U.S. economic indicators and Federal Reserve insights. At the Comex sector of the New York Mercantile Exchange, the precious metal for June soared by […]
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Lula in New York for UN and Biden Talks
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Emerging markets face bond impact as traders shift in anticipation of rate hike
Emerging market assets, which initially experienced a stock downturn and extended to currencies earlier this month, are now impacting bonds. This shift comes as traders rapidly revise bets in anticipation of interest rate cuts. On Thursday, the average insurance cost against default rose across 20 emerging economies, marking its most significant monthly surge since last […]