Gold futures led lower Friday, pulling back to two straight days of gains, with prices ready to record their first weekly loss in 10 weeks on the back of recent strength in U.S. Treasury yields. The week began with gold trading in record highs, but will end with “several factors …
Read More »Asian markets mutate as traders wait for US stimulus pending
Asian markets did not change much in early trading on Friday, after shares fell on Wall Street when the stalemate over a second coronavirus relief plan continued on Capitol Hill. Japanese Nikkei 225 NIK, + 0.06% was almost flay, while Hong Seng’s Hang Seng Index HSI, -0.05% 0.2% glide. The …
Read More »Why global investors can not ignore Turkey’s latest counterfeiters
Investors outside Turkey should pay attention to the recent rise in its currency to a very low against the US dollar, as the country burns through its foreign exchange reserves, analysts said. One US dollar raised as much as 7.37 lira USDTRY, -0.00% earlier Friday, according to FactSet, a record …
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