Spot gold was up 0.1% at $2,300.53 per ounce Gold surged to a record high…

NEW YORK/LONDON – Global shares and bond yields meandered on Wednesday after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing, but not enough for the Federal Reserve to say when interest rate cuts can begin.

SINGAPORE – The dollar was pinned beneath recent peaks on Thursday with traders taking remarks from Federal Reserve Chair Jerome Powell as reassuring on the likelihood of interest rate cuts this year while waiting for the latest U.S. labour market readout.

Issues were also reported on Apple’s fitness service Apple Fitness+, as well as Arcade, Audiobooks, Books and Podcasts, according to Apple’s system status pages for several countries reviewed by Reuters

Gold prices posted their fifth straight record peak on Thursday as Federal Reserve officials reiterated expectations of interest rate cuts in 2024, even if their timing was unclear, while traders await key U.S. jobs data.

Egypt’s trade balance deficit dropped by 37.2% year on year (YoY) to $2.08 billion in January, Asharq Business reported, citing the Central Agency for Public Mobilization and Statistics (CAPMAS).