Inflation is likely here for the long term, and cash alone won’t keep up. Find out why real assets like stocks and gold matter, and how Saab’s soaring Q3 earnings highlight growth in the booming defence sector.
The US Dollar traded near a three-week low as the Australian Dollar rallied on hawkish RBA comments, while investors weighed Middle East tensions and looked ahead to next week’s Fed, ECB and Bank of Japan decisions.
The Japanese Yen ended a two-day losing streak after a 20-year government bond auction drew record demand, while the Euro steadied as political unrest in France and Italy continued to weigh on European markets.
The Euro fell to $1.1210 as soaring energy costs added to worries over France’s political stability after weekend riots, while oil above $100 and shifting Fed expectations kept the US Dollar firm against most peers.
deVere CEO Nigel Green warns AI is making cyber attacks faster, putting current accounts at risk when shopping online, and explains how a separate prepaid card limits what criminals can take if card details are stolen.
