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Starwood Capital Group is halting redemptions from one of its real estate investment trusts in a bid to support the fund’s share price and performance.
Source
Bloomberg Markets
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Gold held losses after the US Federal Reserve kept interest rates steady and said the war in Iran was clouding the economic outlook.
“The excitement is at a point where every little bit of possible good news is driving shares higher,” one analyst says.
Oil pushed higher for a fourth session, with no signs of progress toward a resolution to the Iran war that’s roiled global markets following the near-closure of the crucial Strait of Hormuz.
