Friday, April 26, 2024
MARKET UPDATE
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Tag "Gold"

BoE keeps rates unchanged

    BoE keeps rates unchanged

Sterling offered a fairly muted response during Thursday’s trading session after Bank of England policy makers unanimously voted to leave interest rates unchanged at 0.5% in December. Although inflation in the United

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Gold struggles to shine as dollar firms

    Gold struggles to shine as dollar firms

Gold struggled to hold onto its shine on Tuesday, as the risk-on mood encouraged investors to seek riskier assets, such as equities. The yellow metal dipped to a seven-week low below

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Gold finally breaks above $1300. Will the euro follow?

    Gold finally breaks above $1300. Will the euro follow?

Equities across the globe traded mostly in the red on Tuesday, after North Korea launched a ballistic missile over Japan. Although investors have become sensitized to such actions by Kim’s regime,

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Dollar firms while oil remains underpressure

    Dollar firms while oil remains underpressure

It appears that equity markets have taken inspiration from the performance on Wall Street at the conclusion of last week, with Asian stocks trading broadly higher and European shares looking

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Markets mixed as investors tread carefully

  Markets mixed as investors tread carefully

The Greenback was under pressure on Tuesday with prices finding comfort near a six-month low against a currency basket as political turmoil

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Trump becomes gold’s best friend

  Trump becomes gold’s best friend

Gold swiftly regained its safe haven lustre on Wednesday after wave upon wave of uncertainty swirling around Donald Trump weathered risk sentiment.

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Financial markets seeking inspiration

  Financial markets seeking inspiration

An eerie calm shrouded the financial markets last week, with global stocks floating near record highs as investors maintained a

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Disappointing retail sales pressures Sterling

  Disappointing retail sales pressures Sterling

Sterling attracted a school of sellers during early trading on Friday, following the disappointing 1.8% decline in UK retail sales

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Gold – the good, the bad, and the ugly

  Gold – the good, the bad, and the ugly

Weak economies are more vulnerable to uncertainty, political extremes and populism, post-World-War Germany and Russia proved this beyond a doubt.

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Market sensitivity intensifies as presidential election looms

  Market sensitivity intensifies as presidential election looms

Uncertainty has enveloped the financial markets ahead of Tuesday’s U.S presidential election with global stocks destined for steeper losses as

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