China Gold Association Visits Shanghai Gold Exchange for Communication On the morning of August 21, Yan Diyong, Party Secretary and Vice President of the China Gold Association, led a delegation to visit the Shanghai Gold Exchange for discussions with Kong Yan, Deputy Party Secretary and President of the Exchange. Both parties engaged in in-depth exchanges focusing on the national financial strategy, the upgrading of the gold industry, and market stability, further consolidating cooperation co

Berenberg raises Estée Lauder (EL.US) target price from $84 to $92.

The Central Bank of Turkey conducted a one-week gold-for-lira sell-side swap auction in the traditional manner, with an auction volume of 6 tons.

Global Forex and Fixed Income Roundup: Market Talk -2-

Investors are awaiting details of the U.S. sanctions on Iran, which are expected to be announced, as oil prices fall by more than 1.5%. Saxo Bank analysts stated, "Iranian exports have already been disrupted, and the sanctions could further tighten global oil supply." In early European trading, Brent crude futures fell by 1.5% to $91.3 per barrel, while WTI crude futures dropped by 1.8% to $85.4 per barrel. Both major crude benchmarks closed last week up over 6%, after talks to reopen navigatio