Gold hits record highs amid anticipation of rate cuts, Taiwan stocks fall due to Trump's stance

From Yahoo Finance: 2024-07-16 22:14:00

Gold broke records and bonds rallied in anticipation of global interest rate cuts, while Taiwan stocks fell after Trump appeared hesitant on supporting the island’s defense. The S&P 500 hit all-time highs, Asian shares were mixed, and the Taiwan dollar weakened. Trump’s stance on China may impact markets. Yields are at four-month lows, with gold surpassing $2,450 per ounce. Markets await British inflation data.



Read more at Yahoo Finance: Gold at record highs as rate cuts beckon, Trump talk hits Taiwan stocks