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World stocks were on course to extend a five-day run of record highs on Thursday, while bitcoin took a breather after its latest surge and Russia’s markets
Stocks surged while the dollar dropped on Tuesday as US inflation slowed more than expected, opening the way for the Federal Reserve to reduce the tempo of interest rate hikes.
The dollar slipped after rising in the previous session, with investors on edge at the end of the year as initial optimism over China’s reopening fizzled out.
Gold prices firmed on Friday, but were headed for a second consecutive yearly loss as aggressive rate hikes by the US Federal Reserve dented the non-yielding bullion’s appeal.
World shares extended on Tuesday their positive start to 2022 with markets from Europe to Asia shrugging off worries the Omicron coronavirus variant could choke
Gold prices ticked higher on Monday as a tepid dollar made bullion less expensive for overseas buyers, although the prospects of further interest rate hikes by the US Federal Reserve next year kept gains in check.
The Pakistani rupee dived to an historic low against the US dollar on Thursday after an exchange cap was lifted as Islamabad campaigns to unlock a vital bailout from the IMF.
Global stocks advanced on Tuesday as positive corporate earnings spurred some investor risk appetite, although caution remained t and looming make-or-break data for the outlook for US interest rates.
The Turkish lira weakened to a record low of 20 against the dollar, ahead of this weekend’s presidential election runoff which will decide whether President Tayyip Erdogan
Three Filipino banking and finance professionals highly recommend the second offering of retail dollar bonds (RDB2), which, among other national investment instruments,