Energies
Gold prices have rebounded after hitting weekly lows below $2,500 per troy ounce. Expectations of potential US interest rate cuts, ongoing geopolitical tensions in the Middle East, and prevailing political and economic uncertainties are boosting demand for gold as a safe-haven asset.
Most Asian currencies showed slight gains on Thursday as the rebound in the US dollar paused in anticipation of key economic data releases. This week, regional currencies faced pressure as the dollar recovered from a 13-month low, with investors speculating on the extent of the Federal Reserve’s interest rate adjustments this year.
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