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Gold hit a fresh record-high of $2,141 on Fed rate cut bets

Gold shines again, as it hit a fresh record-high of $2,141/oz on Tuesday morning on growing bets that the Federal Reserve will start cutting interest rates this year (June), together with the softer dollar and bond yields, and on safe-haven demand due to the geopolitical risks

Brent oil rose over $84 as OPEC+ extended voluntary supply cuts

Brent and WTI crude oil prices hit a fresh yearly high of nearly $84.70/b and $80.50/b respectively on Monday morning after the OPEC+ group extended its voluntary oil supply cutbacks to the middle of the year in a bid to avert a global surplus and support higher crude oil prices.

Bitcoin jumped to $63,000 for the first time since late 2021

Bitcoin climbed above $63,000 on Wednesday for the first time since late November 2021 as the spot bitcoin ETF products continue to draw huge inflows from investors around the world, while an upcoming reduction in Bitcoin’s supply growth, known as the “halving”, is also adding to the optimistic sentiment

Market Outlook for 2024: Monetary and geopolitical challenges

Macroeconomic risks, central bank policies, volatility, and geopolitical challenges will be at the centre of the thinking of the investment community and the political scene in 2024.

Chinese equities plunged for 6th session led by small-cap stocks

The new trading week has started with drama for Asian investors following fresh turmoil in Chinese equities, which has the potential to surprise global markets if Chinese authorities fail to contain it through an economic rescue campaign.

U.S. dollar climbed to 2-month highs as the Fed eased early rate cut hopes

DXY-U.S. dollar index -which measures the value of the U.S. dollar against a basket of six major peers including the Euro, Yen, and Pound Sterling-hit a fresh 2-month high of 103.82 mark on Thursday morning as March Federal Reserve rate cut bets eased.

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