Markets

Gold Rises 3% As Dollar Weakens, Rate Hike Expectations Fall - Forbes

Source: Forbes

―

DW NOTE

Gold rallied 3% as rate hike expectations fell — but the macro briefing shows the opposite. Market-implied odds of a September Fed hike have risen to nearly 60% from below 40%, and the last FOMC vote was 9-3 in favor of tightening. Either Forbes is reporting stale data or someone's reading the curve backwards.

Read the full story at Forbes →

Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

Gold SWOT: Large asset managers are rebuilding their gold positions following price pullback - KITCO

Sovereign Debt: The Secret of Gold That Governments Don't Tell - WEEX

Gold Rises 3% As Dollar Weakens, Rate Hike Expectations Fall - Forbes

Read more

EM debt fares well amid US Treasury selloff - EnterpriseAM

Gulf Producers Find Workarounds As Hormuz Tensions Persist

Gold SWOT: Large asset managers are rebuilding their gold positions following price pullback - KITCO

Sovereign Debt: The Secret of Gold That Governments Don't Tell - WEEX