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Precious metals saw a sharp overnight rise. Market strategist Hugh Johnson notes global uncertainties are shaping these moves. He advises caution on gold and silver, suggesting speculative demand may ease. The US dollar is under pressure. Johnson expects a steady Fed chair pick, likely Kevin Warsh, who understands central bank independence.
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Chief Economic Adviser V Anantha Nageswaran highlighted structural reforms in land, education, energy taxation, and agriculture as crucial for India's medium-term growth. He noted that recent reforms have already boosted growth potential, with further progress dependent on addressing pending issues and improving education quality outcomes.
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Sir Keir Starmer says "the UK has got a huge amount to offer" as he visits China to reset relations.
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News and Media
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