Economy
Global debt reaches record $353 trillion, straining public finances
Global debt hits $353 trillion (305% of GDP), according to the IIF, warning of central banks' limited room to raise rates without worsening fiscal burden.
Central banks
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Markets
Gold falls 5.95% in July despite the Iran crisis: the Fed weighs more than war
Gold falls 5.95% in July to $4,022, weighed down by fears of Fed rate hikes due to oil inflation, despite the escalating conflict between the US and Iran.
Markets
Gold Falls 30% from Highs as Analysts Split Their Forecasts Ahead of the Fed
Gold has fallen 30% from highs of $5,500, weighed down by the Fed and a strong dollar. Banks have split forecasts: between $4,800 and $5,300 for 2027.