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Gold pushed higher after Israel and Lebanon agreed to a conditional ceasefire, a possible step toward resolving the wider Middle East conflict that’s upended global energy markets and raised inflation risks.
Source
Bloomberg Markets
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Asean Secretary- General Kao Kim Hourn says the war in the Middle East is a "wake-up" call for the bloc to work together to ensure energy resilience and food security. He speaks with Haslinda Amin on the sidelines of the Shangri-La Dialogue in Singapore. (Source: Bloomberg)
Analysts warned that the market's renewed optimism on SoftBank is masking mounting balance-sheet risks.
Iron ore fell to a two-month low, extending this week’s losses as rising supply and soft seasonal steel demand weighed on sentiment.
Investors remain far from convinced that the sector has found a bottom.
