Oct 21 2024, 08:19 Gold prices strengthened near $2,720 in early Asian session on Monday. Uncertainty surrounding US elections and geopolitical risks boosted demand for safe-haven assets such as Gold. Concerns over China’s economic slowdown could weigh on XAU/USD. Gold prices (XAU/USD) extended gains to around $2,720 during early Asian session on Monday. Uncertainty surrounding…
Oct 21 2024, 14:11 Oil gained – after losing almost 8% last week – as traders tracked tensions in the Middle East that pose a potential threat to supplies, and China moved to beef up aid for the economy in the largest importer. Global benchmark Brent rose above $73 a barrel, while West Texas Intermediate was near $70. On Saturday,…
Oct 21 2024, 16:19 The Hang Seng Index tumbled 326 points or 1.6% to close at 20,478 on Monday, following a 3.6% surge in the previous session. Losses were broad-based, with tech, consumers, and financials burdening the index. Traders were unimpressed by a 25bps cut to both the one-year and five-year loan prime rates in…
