Finance - Page 40

While Wall Street indices continue to hit records, dovish members of the Fed are pushing for a rate cut next month. However, markets retreated ahead of July PCE inflation and trade data.

Small businesses in the UK say the US decision to remove the tax exemption for packages under $800 has brought great uncertainty and additional costs. The decision was made by US President

Gold prices reached a record high, rising above $3,500 per ounce for the first time, as expectations increased that the US Federal Reserve (Fed) would cut interest rates this month. Spot gold

As the long-awaited “reflation trading” gained momentum in Japan, the main driver of the rally was foreign investors. The Tokyo stock exchange reached record highs, while yields on 30-year Japanese government bonds