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Spot gold plunged $100.96 during the day, currently trading at $4,008.72 per ounce, a drop of 2.46%.
2026-06-24
Spot gold plunged $100.96 during the day, currently trading at $4,008.72 per ounce, a drop of 2.46%.
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2026-06-24
US current account deficit widened to $226.8 bln in Q1, up $5.8 bln (2.6%) from a revised $221.1 bln in Q4, and rose to 2.9% of GDP from 2.8%. The increase was not trade-driven: the goods trade deficit narrowed and goods and services exports jumped $
US current account deficit widened to $226.8 bln in Q1, up $5.8 bln (2.6%) from a revised $221.1 bln in Q4, and rose to 2.9% of GDP from 2.8%. The increase was not trade-driven: the goods trade deficit narrowed and goods and services exports jumped $50 bln to $1.38 tln. The main drag was primary (investment) income, which swung from a Q4 surplus to a Q1 deficit, signaling changes in relative returns between US residents’ foreign assets and foreigners’ US assets and higher financing costs for an increasingly imbalanced international balance sheet. Annual revisions were large: Q4’s deficit was revised from an initial -$190.7 bln to -$221.1 bln, and the net international investment position was adjusted by nearly $6 tln.
2026-06-24
UK 10-year bond yield fell to 4.722%, a two-and-a-half-month low.
UK 10-year bond yield fell to 4.722%, a two-and-a-half-month low.
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