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Taylor Swift’s $700K Vintage Diamond Ring Steals the Spotlight

                                                        Travis Kelce and Taylor Swift; Swift's engagement ring.     Taylor Swift’s engagement to NFL star Travis Kelce has set the internet ablaze — and not just because of the romance. The pop icon’s dazzling engagement ring, revealed in a series of Instagram photos, is estimated by diamond experts to be worth around $700,000 . Designed by Kindred Lubeck of Artifex Fine Jewellery, the ring features a 12-carat old mine or cushion-cut diamond set in warm yellow gold, with intricate filigree detailing. The vintage-inspired design reflects Swift’s well-known love for timeless, romantic aesthetics, reminiscent of her Folklore and Evermore eras. Fans have been quick to spot possible hidden meanings, including a tiny “T” detail on the band — a subtle nod to the couple...
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European Stocks Surge and Bond Yields Ease as Markets Scale Back Bets on Rate Cuts

 

European stocks surged to a fresh two-year high, and bond yields eased as markets scaled back ambitious bets at the end of 2023 on rate cuts by the Federal Reserve and other major central banks. The S&P 500 also edged higher, with the index poised to set a new record closing high, at the start of a week packed with big corporate earnings, European inflation data, Federal Reserve and Bank of England meetings and U.S. employment data.

The market is trying to understand the outlook for the U.S. economy as it is unlikely to require the deep interest rate cuts by the Fed it has priced in. Absent geopolitical shocks, the U.S. economy will grow better than expected with just a few areas underperforming.

The surge in European stocks and the easing of bond yields can be attributed to the markets scaling back their bets on rate cuts by the Federal Reserve and other major central banks.



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