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A selloff in Treasuries resumed Monday as oil rallied after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, intensifying inflation concerns.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Analysts expect trading to remain a low-key affair due to the shortened trading week
Gold price (XAU/USD) drops to around $4,215 during the early Asian trading hours on Monday. The precious metal loses ground as a stronger US Dollar (USD) and hawkish signals from the US Federal Reserve (Fed) policymakers dented bullion's appeal.
A double by 2031 would need roughly half the growth the broker is already posting.
Post-transaction, Nio Power will be valued at about 16 billion yuan
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on a modest gap-up open on Monday as traders opt to wait for further developments surrounding the Middle East…
The dollar showed strength as investors anticipated inflation data and central bank decisions this week. Oil prices increased due to ongoing US-Iran tensions, which raised concerns about energy supply. Analysts predict potential interest rate hikes from the Federal Reserve given current inflationary pressures.
