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The cure for high rates might be higher rates: a case study with UK long term yields
What are the main events for today?
Gold remains the standout today, eyes major upside breakout above $3,500
Japan government to compile economic measures to deal with inflation, tariffs – report
Xi, Putin put on a united front at the SCO summit
investingLive Asia-Pacific FX news wrap: Gold hits another record high, above US$3500
Goldman Sachs: Trump may pivot to new tariff tools if courts reject IEEPA-based hikes
USD/JPY back above 147.60, USD stronger across the majors board, while gold shakes it off
Gold to a record high above US$3505
Japan trade negotiator Akazawa says no date set yet for his next visit to the US
Australian net exports contribute +0.1% to Q2 GDP (economic growth)
Chinese media reports say Foxconn is ramping up wages ahead of iPhone 17
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