United States
Progress on inflation could support gold prices to retest a new all-time high once more
Markets are now pricing in a 55 percent chance of a 50-basis-points cut in September with bets on an additional cut in December
Brent oil futures slipped 0.1 percent to $79.11 a barrel
U.S. dollar declined by 0.15 percent to 103.05, making greenback-priced bullion more affordable for other currency holders
Brent crude futures rose 23 cents, or 0.3 percent, to $78.56 per barrel
Markets are pricing in a 65 percent chance of a 50 basis point rate cut in September, the CME FedWatch tool revealed
Brent crude oil futures for October delivery fell 0.5 percent to $76.13 per barrel
The deal includes a $750 million convertible preferred investment and a $750 million unsecured term loan
Dubai is the most popular city on TikTok, with over 29.7 million posts
Can the Fed intervene to calm global markets?
Japanese stocks rebounded sharply on Tuesday after their biggest single-day decline since the 1987 Black Monday sell-off in the previous session
