Trump says there are no talks going on, or scheduled, with Iran; US naval blockade remains in full force !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Gold prices climbed Friday, putting bullion on course for a gain of nearly 5% this week, as bond market jitters, a softer dollar and renewed concerns over U.S. debt helped revive demand for the precious metal. Gold futures rose 1.67% to $4,647.70 in early trading Friday, while spot bullion prices notched a 1.55% gain, trading…
Both the US and Europe are moving to create digital money, but neither has the right idea about how to do it. The key is to allow “narrow banks,” which issue money but not credit, to keep their reserves in central banks and provide capped interest payments to coin holders. LONDON—The debate over stablecoins and…
The Japanese Yen (JPY) shows a moderate pullback on Friday, despite the broad-based US Dollar (USD) weakness, following the US Treasury’s plan to double buybacks of long-term Government debt. The USD/JPY pair trades at 158.60 ahead of the US session opening after bouncing up from session lows at 158.03 as the widening Japanese Merchandise Trade…
NZDUSD runs higher but the stretch higher runs into swing area resistance !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
The Euro is on track for its eighth gain in nine sessions against the Pound, and the explanation that would normally cover a run of that length is not available. Bank Rate sits 150 basis points above the European Central Bank deposit rate, precisely where it has sat since the middle of June, and that…