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☑️ GOLD STEADIES ABOVE $2,500 AHEAD OF POWELL’S JACKSON HOLE SPEECH Bullion traded near $2,500 an ounce after reaching an all-time high on Monday. Powell will speak Friday at the Fed’s annual Jackson Hole symposium in Wyoming, and is expected to confirm a pivot to lower borrowing costs next month. However, the market is more interested in hearing what might happen to rates after that. Spot gold was steady at $2, as of 1:16 p.m. in Singapore after touching a record of $2, on Monday. The Bloomberg Dollar Spot Index was up 0.1%. Silver and palladium declined, while platinum was little changed. Source: Reuters ☑️ ASIA SHARES HIT ONE-MONTH HIGH ON BETS FOR DOVISH FED MSCI's broadest index of Asia-Pacific shares outside Japan hit a one-month top before giving up some gains to trade % higher. U.S. stock futures similarly rose, with S&P 500 futures last up % while Nasdaq futures advanced %. EUROSTOXX 50 futures g
