© Reuters. By Gina Lee Investing.com – Gold was down on Wednesday morning in Asia and was near the one-week low hit during the previous session. U.S. Treasury yields climbed to two-year highs as expectations for a quicker-than-expected interest rate hike mount. inched down 0.07% to $1,811.05 by 10:56 PM ET (3:56 AM GMT), after…
© Reuters. FILE PHOTO: An Islamic Emirate of Afghanistan flag hangs over a street in Kabul, Afghanistan, October 19, 2021. Picture taken October 19, 2021. REUTERS/Jorge Silva KABUL (Reuters) -Afghanistan’s acting prime minister, Mullah Hasan Akhund, on Wednesday called for international governments to officially recognise the country’s Taliban administration, saying at a news conference in…
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© Reuters. FILE PHOTO: A sign above an office of the Cyberspace Administration of China (CAC) is seen in Beijing, China July 8, 2021. REUTERS/Thomas Peter HONG KONG/BEIJING (Reuters) -China’s cyberspace regulator denied on Wednesday issuing a document with new guidelines for the nation’s big internet companies that would require them to seek approval for…
Don’t look just at how many hikes are priced by to assess whether investors have come to terms with central bank tightening. We think second round effects on broader markets are underpriced. Barring any further adverse developments from Russia, we think this week will be used by investors to reduce their fixed income exposure. The…
The UK’s is up about 0.3% Wednesday at time of writing, on dollar weakness. Today’s rise trims Cable’s 0.37% loss on Tuesday, the result of yesterday’s USD strength. During the previous three FX trading sessions—Friday through Tuesday—the pound was in decline, a mirror image of the dollar’s simultaneous advance. The GBP/USD pair’s price has been…
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