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The South Korean government expects to invest approximately 550 trillion won in building artificial intelligence data centers.
2026-06-29
The South Korean government expects to invest approximately 550 trillion won in building artificial intelligence data centers.
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2026-06-29
Gold fell in Asian trade after Capital Economics analyst Kieran Tompkins said deteriorating risk appetite for AI-related assets has spilled into commodities, with gold among last week’s worst performers. Tompkins said the metal, Traditionally a safe
Gold fell in Asian trade after Capital Economics analyst Kieran Tompkins said deteriorating risk appetite for AI-related assets has spilled into commodities, with gold among last week’s worst performers. Tompkins said the metal, Traditionally a safe haven, is increasingly behaving like a risk asset; extreme speculative activity in Q4 drove large volatility and gold also underperformed during the U.S.-Iran conflict. He expects further pressure on gold as speculative fervor cools and equities weaken, noting gold’s correlation with the The S&P 500 is at about a 14-year high.
2026-06-29
Royal Bank of Canada: Raises its 12-month target for the S&P 500 from 7,900 to 8,150.
Royal Bank of Canada: Raises its 12-month target for the S&P 500 from 7,900 to 8,150.
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