Freedom Curtalis' chances of a large, wide-scale recovery in case of reopening the Straits of Hormuz have probably declined over time, analysts estimate, although some markets as well as some assets, have greater margins of rise than others. According to Capital Economics, one of these assets that can benefit [...]
German bank Berenberg recommends that investors direct 45% of their portfolios to gold, precious metals and bitcoin, 20% to commodities and 35% to shares, completely avoiding bonds. Strategic analysts, led by Jonathan Stubbs, argue that the environment of geopolitical instability, persistent inflation and high state debt favours this distribution. The bank estimates that a possible deal between Donald Trump and Shi Jinping within the next month could boost the stock markets, despite the six key risks it detects.
Turkey went on to sell and borrow gold worth nearly $20 billion to strengthen the Turkish pound. This move had a significant impact on the international prices of precious metal, causing concern on markets. Investors now express fears about Ankara's economic choices and the potential consequences of this strategy on the long-term stability of the Turkish currency and the country in general.
In a high of three weeks gold prices climbed, Wednesday, as markets re-evaluated short-term risks, after Donald Trump agreed to suspend bombings and attacks on Iran for two weeks, mitigating the fears of inflation caused by energy. The spot price of gold was boosted by a rise of 2.69% [...]
