US Dollar Price Forecast: PCE Test Looms as EUR/USD and GBP/USD Hold Firm
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'Higher bullion prices could boost Laopu in H2'
The founder and chairman of mainland jewellery maker, Laopu Gold, said he's confident that a recent rebound in bullion prices would boost the company's financial results in the second half of 2026.
- Laopu Gold's interim net profit surged 88.2% to 4.27 billion yuan.
- Revenue increased 60.3% to 19.81 billion yuan in the first half.
- Founder Xu Gaoming predicts second-half boost from higher gold prices.
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Key PointsAt 67, you can collect your Social Security benefits without a reduction if you were born in 1960 or later.
KOSPI inches up as corporate buying offsets foreign, retail sell-offs
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US Dollar Index Price Forecast: Bears prevail with the 200-day SMA capping rallies
The US Dollar (USD) nurses marginal gains on Wednesday and holds a mild recovery attempt from the three-month highs hit last week, but seems unable to extend gains past the 200-day Simple Moving…