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Gold Extends Losses, HSBC Cuts Dozens of Jobs

Gold Extends Losses, HSBC Cuts Dozens of Jobs

Bloomberg27-05-2025

Gold extended declines as the dollar swung to a gain and demand for haven assets cooled, with investors also weighing prospects for improving trade relations between the US and the EU. HSBC has culled more than two dozen analysts in recent days as Europe's largest lender deepens a restructuring of its investment banking businesses, according to people familiar with the matter. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. (Source: Bloomberg)

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