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Scope Ratings places US credit ratings under review for possible downgrade

Scope Ratings on Friday placed the United States of America's AA long-term issuer and senior unsecured debt ratings in local and foreign currency under review for a possible downgrade due to longer run risks associated with the misuse of the debt ceiling instrument, per Reuters.

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ECB’s Knot: Rate hikes are working, more needed

“The European Central Bank's (ECB) interest rate hikes are starting to have an effect, but more will be needed to contain inflation,” said Dutch Centr
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Gold Price Forecast: XAU/USD eyes recovery above $2,020 as US NFP fails to support hawkish Fed bets

Gold price (XAU/USD) is looking to extend its recovery above the immediate resistance of $2,020.00 in the early Tokyo session. The precious metal was
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