Gold at record highs as rate cuts beckon, Trump talk hits Taiwan stocks

SINGAPORE - Gold hit a record and bonds rallied on Wednesday as markets prepared for global interest rates to fall, while stocks in Taiwan slipped after U.S. presidential candidate Donald Trump sounded lukewarm in his commitment to the island's defence.scaled record highs overnight and futures were steady in Asia. MSCI's broadest index of Asia-Pacific shares outside Japan was flat and

Elsewhere in Asia, New Zealand shares hit their highest since March 2022 after data showed inflation slowing, though the rates market dipped and the currency rose on sticky domestically driven inflation. Ten-year yields were steady at 4.175% and two-year yields hovered at 4.445%. Bond markets in Australia, Japan and South Korea rallied.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 advantages gold bars and coins have over other gold investment typesThere are several different types of gold you can buy. Find out why you should choose gold bars and coins now.
Source: CBSNews - 🏆 87. / 68 Read more »

Gold vs. Bonds and Stocks: Why Some Investors Choose GoldDespite its reputation as the king of precious metals, during good economic times, gold is not often thought of as an investment.
Source: RollingStone - 🏆 483. / 51 Read more »