Putin signed a decree approving the new version of Russia's nuclear deterrence policy, causing safe-haven assets to rise.

18:32 19/11/2024

Putin signs decree approving the new version of Russia's national policy on nuclear deterrence, and safe-haven assets rebound significantly.

On Tuesday, safe-haven assets rebounded significantly after Russian President Putin signed a decree approving a new version of Russia's basic policy on nuclear deterrence. The decree took effect on the day of signing. Following Putin's approval of the updated nuclear principles on Tuesday, investors rushed to buy government bonds, yen, and gold. German bond yields fell by as much as 8 basis points to 2.292% on that day, gold reached a daily high of around $2626 per ounce, and the USD fell by 0.9% against the yen to 153.28. The European aerospace and defense sector index fell by 0.6% after opening, but later recovered some lost ground, with a decline of 0.2% at the time of writing.

The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.