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May Allah bless you. Here are the highlights of the developments happening:
🔷Gold soars and rises to levels of $2365 per ounce amid geopolitical tensions in the Middle East and expectations of increased demand from central banks for the yellow metal.
🔷Yesterday, the Bank of England hinted that they are leaning towards ending their monetary tightening policy soon, as inflation falls towards 2%.
🔷This is what weakened the British pound against the US dollar.
🔷Nvidia falls 3.4% after profit-taking, allowing Microsoft to regain the title of the world's most valuable company.
🔷Today, the markets are awaiting the release of the Purchasing Managers' Index (PMI) data for both the manufacturing and services sectors in America at 14:00 GMT.
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