Gold Price Nears One-Week Low, Vulnerable Due to Hawkish Fed Forecasts
Gold Price Nears One-Week Low, Vulnerable Due to Hawkish Fed Forecasts As the European trading session commences on Tuesday, the price of gold (XAU/USD) is encountering fresh selling pressure. The precious metal appears to be halting its modest overnight recovery from the $2,145 region, marking its lowest point in over a week. A key factor influencing this trend is the anticipation that the Federal Reserve (Fed) will maintain its stance on high interest rates for […]
China’s Bond Market Flourishes Amid Global ‘Asset Famine’ for Investors
China’s Bond Market Flourishes Amid Global ‘Asset Famine’ for Investors In an unprecedented trend, Chinese sovereign debt is experiencing a record-breaking surge, indicating a mix of low confidence in the country’s financial system and an excess of liquidity in the form of cash and bank deposits. The longer end of China’s bond market has seen yields pushed to historic lows due to the substantial amount of available funds. Bankers report an extraordinary demand for savings […]
Japan’s Stocks Fluctuate, Yen Nears 150 Following BOJ’s Predicted Policy Shift
Japan’s Stocks Fluctuate, Yen Nears 150 Following BOJ’s Predicted Policy Shift On Tuesday the Japanese stock market experienced notable fluctuations, while the national currency, the yen, weakened to a level close to 150 per dollar. This market activity followed the Bank of Japan’s landmark decision to conclude its eight-year practice of negative interest rates, marking the country’s first instance of policy tightening since 2007. The decision by the Bank of Japan (BOJ) comes at a […]