Breaking: Gold hits new record-high above $3,700
Source Fxstreet
Gold extended its rally in the second half of the day on Tuesday and reached a new record-high above $3,700.
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Oil prices climbed further on Monday as markets reacted to Ukrainian drone strikes targeting Russian refinery infrastructure, raising concerns over potential disruptions to Russia’s crude and fuel exports.
Most Asian stock markets remained steady on Monday following robust gains last week.
Most Asian stock markets climbed on Thursday, with China leading gains fueled by renewed optimism around U.S. artificial intelligence developments.
The U.S. dollar steadied in early Asian trading on Thursday following an unexpected 0.1% decline in the Producer Price Index (PPI) for final demand in August, as reported by the Labor Department’s Bureau of Labor Statistics.
Barclays Boosts S&P 500 Outlook Amid Strong AI-Driven EarningsBarclays has increased its earnings and price projections for the S&P 500 through 2025 and 2026, attributing the upgrade to stronger-than-anticipated corporate results in the first half of the year and a robust earnings landscape despite trade tensions and labor challenges.
Barclays has increased its earnings and price projections for the S&P 500 through 2025 and 2026, attributing the upgrade to stronger-than-anticipated corporate results in the first half of the year and a robust earnings landscape despite trade tensions and labor challenges.
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