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Gold hits all-time high amid geopolitical strife

Business, Nuntawun Polkuamdee, Published on 21/05/2024

» Gold prices soared to an all-time high of US$2,450 an ounce on Monday, as a slowing inflation trend in the US increased optimism that the Federal Reserve will start easing monetary policy this year, while geopolitical tension in the Middle East is on the increase.

GENERAL

Equities tipped to hit new high amid rate cut hopes

Business, Nuntawun Polkuamdee, Published on 17/05/2024

» Global stocks, especially on the US exchanges, could hit an all-time high in the second quarter as investors are expected to embrace riskier assets after concerns ease over the Federal Reserve's interest rate actions, says Thai wealth management platform Finnomena.