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Gold soars as investors pencil in September rate cuts and a weakening USD
Gold prices are up 22% in 2024 so far
Investors rush back into equity markets as market confidence returns
The rebound follows a brutal sell-off that took place earlier in August
Startups are increasingly going bust as funding dries up
The number of startups closing their doors rose 58% y-o-y during 1Q 2024
Investors lose access to key data as China stops sharing daily flows
China is expected to see its first annual outflow from its bourse since 2016
Analysts are penciling in rate cuts after US inflation cools to lowest level in years
US inflation dropped to its lowest level in three years
Adani in hot water — again
Hindenburg Research accused the conglomerate of improper use of tax havens last year
Competition for the world’s uber-wealthy is heating up as European parties clamp down on tax benefits
A record 128k mn’aires are forecast to relocate this year
Multinationals face leaner times as China’s growth slows
Consumer confidence remains low amid job and real estate markets that still have not recovered from the covid-19 pandemic
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