GOLD prices rose on Monday well above a key US$2,000 level, supported by a weaker US dollar and on bets that the US Federal Reserve is done with its interest rate hike cycle.
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OIL prices were little changed on Monday, with Brent holding above US$80 a barrel, as investors awaited the Opec+ meeting later this week for an agreement to curb supplies into 2024.
A CLIMATE change protest off Australia’s east coast disrupted operations at the country’s biggest coal export port on Saturday (Nov 25), the port operator said.
The Guardian says the global rout in stock markets, cryptocurrencies and other risky assets has gathered pace amid growing concern that out-of-control inflation, rising interest rates and slowing growth could combine to tip the world into recession.
Tuesday 10 November News Briefing BRIEF – ME! – DAILY NEWS BRIEFINGTuesday 10 November 2020 News Briefing – As of 6:30 am (GMT), these are the global…