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Gold Falls Below $1900 as Strong USD Weighs on Commodities

From forex.com

Exchanges in Australia and New Zealand reopen today following Anzac-day on Monday, so some investors have some catching up to do. Concerns of a China slowdown due to lockdowns and rising cases continued to fan concerns of weaker global growth alongside inflation becoming ‘entrenched’. Whilst US stock markets initially traded lower in line with last week’s sell-off, they stabilised before lunch and went on to break their two-day losing streak (cautiously so). Whether Asian markets will track them today remains to be seen, but it can be argued that they’ll remain more sensitive to China’s growth concerns so we’re not ... (full story)

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