Global Markets: U.S. demonstrations turn violent

By MarketsFarm

WINNIPEG, July 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– Largely peaceful Black Lives Matter demonstrations across numerous cities in the United States turned violent in many cases over the weekend, with police and federal authorities deploying tear gas and other measures to disperse crowds. One demonstrator was shot and killed in Austin, Texas, by a motorist who had reportedly sped towards the crowd while honking his horn.

– Renewed violence in the Darfur region of Sudan over the weekend left at least 60 people dead, according to reports from the United Nations. A conflict between government forces and various rebel factions has been ongoing since 2003, but a tentative peace deal reached earlier this year saw many people return home for the first time in years for the July-November agricultural season. That has led to new conflicts over land rights.

– The price of gold hit a record high on Monday morning, nearing US$2,000 per ounce. Trade tensions between the U.S. and China, along with ongoing concerns over the COVID-19 pandemic, had investors looking for some stability.

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