The price of gold (XAU/USD) faced selling pressure around $1,917.50 during the European session. After a brief decline, the precious metal is expected to drop further to an intraday low at $1,910.00. The sell-off in gold was triggered by the positive performance of the US Dollar Index (DXY).
S&P500 futures have extended the significant losses seen in the Asian markets to Europe, reflecting a risk-off sentiment. There are concerns about global growth prospects as central banks continue to tighten their policies, raising fears of a recession.
S&P500 futures have extended the significant losses seen in the Asian markets to Europe, reflecting a risk-off sentiment. There are concerns about global growth prospects as central banks continue to tighten their policies, raising fears of a recession.
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JPMorgan expands one of the most high-profile projects to bring blockchain technology to traditional banking, introducing euro-denominated payments for corporate clients using its JPM Coin.
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The head of the "Wagner" private military group, Yevgeny Prigozhin, announced that his forces had stopped moving towards Moscow, stressing that they had turned around and were now leaving in the opposite direction, and that was "our right to bloodshed," as he described it....
