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Spot gold touched $4,040 per ounce, down 2.44% on the day.

2026-10-23

Spot gold touched $4,040 per ounce, down 2.44% on the day.

Other News
2026-10-22

ECB executive board member Panetta said the recent surge in bond yields will weigh on the region's economy but is not yet a critical problem. He called the moves global and US-led over the past week, with US growth and inflation beating "The issue is

ECB executive board member Panetta said the recent surge in bond yields will weigh on the region's economy but is not yet a critical problem. He called the moves global and US-led over the past week, with US growth and inflation beating "The issue is that higher US rates have coincided with stronger expectations. growth while Europe's growth is relatively weak," he said. Panetta and other ECB officials warned tighter financial conditions could constrain expansion but may help rein in inflation that has risen to roughly double target levels after energy-cost shocks. He said Germany's yields rose less due to stronger public finances, flagged France's persistently high public debt and deficits, and warned sovereign stress could push up Italy's borrowing costs. "When US long-term yields rise, we see spillovers to other markets including Europe," he added, noting that will affect Italy's financing costs.
2026-10-22

According to data from the London Stock Exchange Group (LSEG) IBES, European corporate profits are expected to grow by 21.9% in the third quarter, up from 20.7% a week earlier. Revenue is also expected to grow by 13.3% in the third quarter, up from 1

According to data from the London Stock Exchange Group (LSEG) IBES, European corporate profits are expected to grow by 21.9% in the third quarter, up from 20.7% a week earlier. Revenue is also expected to grow by 13.3% in the third quarter, up from 11.0% a week earlier.
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