Global equities maintain record highs ahead of US jobs data. Markets anticipate potential Fed rate cuts. Emerging market equities benefit from soft US economic data. UK Labour Party projected to win big, impacting Conservative performance. France prepares for final round of parliamentary elections.
Iran’s Yuan push for oil trade signals fresh challenge to dollar dominance
Iran is reportedly considering demanding Chinese yuan for oil shipments through the Strait of Hormuz, a move that could challenge the US dollar’s dominance in