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The U.S. dollar surged to a six-week peak as escalating government shutdown fears drove investors towards safe-haven assets. Gold prices hit new highs amid global economic uncertainty. Meanwhile, the yen weakened against the dollar on speculation about Japan's new prime minister's economic policies. Central bank decisions from New Zealand and the U.S. Federal Reserve are also on the horizon.
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British Prime Minister Keir Starmer is in India to promote Scotch whisky sales. A new trade deal is expected to significantly boost exports. This agreement will lower import tariffs on Scottish products. The deal aims to increase trade and create jobs in the UK. It is seen as a major opportunity for Scotland's economy and its iconic brands.
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Japan's Foreign Minister Takeshi Iwaya has issued a stern warning to Israel. He stated that any action jeopardizing the two-state solution could lead to sanctions or recognition of Palestinian statehood. Meanwhile, the United States, through Secretary of State Marco Rubio, has reiterated its unwavering support for Israel.
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