Copyright © 2023-2026 Traderknows Ltd. All rights reserved.
McKinsey reports global balance sheets reached $1,800 trillion in 2025, but nearly 60% of wealth growth stems from asset price inflation rather than real capital. Divergence among the US, Europe, and China adds rebalancing risks.
Gold remained near a seven-week high as progress on a Strait of Hormuz transit draft eased energy inflation risks, lowering Federal Reserve rate hike odds. Markets now await U.S. nonfarm payrolls.