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China’s central bank scooped up more gold for its reserves in March, demonstrating that a key pillar of support for the precious metal remains intact even as prices come under pressure amid the Iran war.
Source
Bloomberg Markets
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The UK government signaled it won’t let the US use British military bases for strikes on Iranian energy or civilian infrastructure after President Donald Trump threatened an escalation of operations against Tehran.
Mozambique’s dollar bonds fell to the lowest in almost three years after authorities gave the strongest signal yet of plans to seek restructuring talks with creditors.
Traders risk being wrongfooted by bets that major central banks will move in unison to respond to the threat of prolonged war in Iran, according to Bhanu Baweja, chief strategist at UBS Group AG.
