August 12, 2024

European Stocks Trade Higher

European stocks started trading higher today as investors looked ahead to a week of important economic data from the US and Europe.

The STOXX Europe 600 index rose 0.4 percent.

The oil and gas sector rose about 1 percent as

Gold Prices Steady as Investors Await US Economic Data

Gold prices held steady today, with investors awaiting key US inflation data due later this week to gauge the size of the Federal Reserve’s likely interest rate cut in September 2024.

Spot gold was little changed at $2,425.94 per ounce,

South Korea, Turkiye Extend Currency Swap Deal

South Korea and Turkiye have agreed to extend their currency swap deal by three years.

The Bank of Korea (BOK) said today that the three-year agreement, signed by the BOK and the Central Bank of the Republic of Turkiye, allows

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