EBC Daily Snapshot Jul 11, 2024

On Thursday, the dollar dropped as Fed Chair Jerome Powell suggested a nearing interest rate cut, contingent on further inflation declines.

Düzenleme: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Gold Surges Amid Mounting Global Risks

Gold Surges Amid Mounting Global Risks

The price of gold reached 3,383 USD per ounce on Wednesday, trading near a two-week high. The rally is being driven by strong demand for safe-haven assets, fuelled by growing concerns over the independence of the US Federal Reserve.
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