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Finance & Markets

Gold jumps most in 6 months as Hormuz deal progress lowers rate-hike odds

Bullion rose 1 per cent to US$4,347.90 an ounce as at 9.57am on Aug 6, after jumping 4.1 per cent in the previous session.

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Finance & Markets

Jamie Dimon says one market risk could amplify market swings

Leverage has come under renewed scrutiny after recent market turmoil in South Korea and the Situational Awareness unwind.

  • JPMorgan CEO Jamie Dimon warns elevated market leverage could amplify market swings.
  • Current market leverage is "pretty high," indicating heightened risk of disruptions.
  • Dimon notes margin debt at all-time highs, though not all leverage is classified as margin debt.