It was a rough start to another busy week for financial markets.
Monday kicked off in a risk-off fashion with global stocks tumbling after trading in shares of heavy indebted China Evergrande was suspended. Concerns over rising inflation and stalled talks in Congress added to the cautious mood, dragging global equities lower. In the commodities arena, oil prices rallied after OPEC+ decided to increase their output by more than previously agreed.
Our trade of the week for none other than gold. We questioned whether the precious metal was experiencing a calm before… Read More:
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