UK deficit rises; gold hits six-year high; Trump blasts Fed – as it happened

Rolling coverage of the latest economic and financial news, as gold bullion prices burst through $1,450 per ounce and the UK’s budget deficit swells

Earlier:

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Tariff fears drag markets down as EU and Trump trade blows – business live

All the day’s economic and financial news, as US president says Europe is “possibly as bad as China”, and EU threatens tariffs on more American goods

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