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10:46
Russian government: Rosneft also reported on measures taken to stabilize fuel prices, increase fuel production, and launch new capacity.
The Russian government: Russian oil companies have also reported the measures taken to stabilize fuel prices, increase fuel production, and launch new production capacity.
10:46
Morgan Stanley: ETF demand is the key factor driving gold to 5,200 USD
According to Odaily, Morgan Stanley stated that without a significant rebound in ETF inflows, its bullish target for gold prices to reach $5,200 in the second half of the year will become increasingly difficult to achieve. Morgan Stanley analysts said: "Although central bank gold purchases may continue, ETF flows are more sensitive to changes in interest rate expectations. The missing piece is ETF demand, which may still remain sensitive to Federal Reserve policy paths, real yields, and the US dollar." Morgan Stanley remains optimistic about gold's long-term prospects, as easing Middle East tensions and lower oil prices help to alleviate inflation concerns. However, the Federal Reserve adopted a hawkish tone at its most recent meeting, reinforcing expectations that interest rates will remain elevated for a longer period, thus increasing the opportunity cost of holding non-yielding assets such as gold. (Golden Ten Data)
10:41
Russian government: Russian Deputy Prime Minister Novak orders measures to ensure the sustainability of the domestic fuel market
The Russian government: Russian Deputy Prime Minister Novak has ordered the development of measures to maintain the sustainability of the domestic fuel market.
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