Today’s Highlights: Russia and the Gold Standard, China and the Remaining Hurricane, and Truss Exile
The key for this Sunday revolves around Russia and the approach investors will take about options to link gold to its currency, the ruble.
The move will come to get more investment from abroad in the short term and to fight inflation, in a stronger way, with a currency that will allow it to maintain its proposed strength in 2022.
The tethering of the ruble to gold is still a plan that Russian leaders will comment on investors to attract them here in easier conversion and therefore, their investment can be safer.
Xi Jinping has started the congress in China with a clear message that not all storms are clear on the horizon yet.
That is if we talk about the increasing influence that China has on international councils and how it is attracting more countries to follow its model. A model that would ensure that it has growth potential that the West currently cannot find.
Another key fundamental is in the UK, where the new chancellor appears to have calmed the situation after several statements in which he positioned himself alongside the Bank of England and further marginalized Liz Truss at a time when markets were seeking safety and calm. to find in the UK, a place where you can have some investment without the ups and downs of the last few days.
#xijinping #russia #ruble #josevizner #businesstv #uk #kingdom #gold #patron #newspanish #putin #markets #keysoftheday #liztruss
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