After rising more than 3% on Thursday, Gold (XAU/USD) stabilized around the $4,200 mark in the American session on Friday. The US dollar seesaws between gains and losses, but remains within familiar levels as investors remain skeptical yet hopeful … [Continue reading]
United States CFTC Gold NC Net Positions dipped from previous $176K to $173.8K
After rising more than 3% on Thursday, Gold (XAU/USD) stabilized around the $4,200 mark in the American session on Friday. The US dollar seesaws between gains and losses, but remains within familiar levels as investors remain skeptical yet hopeful … [Continue reading]
US Senior Official: Iran deal secures Hormuz reopening, nuclear material
A senior administration official said on Friday that the Iran deal will guarantee long-term peace in the region. The agreement would achieve core US objectives and reopen the Strait of Hormuz. The official said that the US would get enriched nuclear … [Continue reading]
United Kingdom: Growth resilience but softer inflation – Deutsche Bank
Deutsche Bank’s Sanjay Raja says the UK economy is tracking close to the Bank of England’s Scenario A, with stronger‑than‑expected early‑2026 GDP but a cooling labour market and easing price pressures. GDP is seen around 1% in 2026–27, while CPI is … [Continue reading]
Japanese Yen holds as traders switch focus to BoJ hike and Warsh’s first Fed meeting
The USD/JPY pair trades near the 160.20 region on Friday as the Japanese Yen (JPY) remains slightly under pressure, while investors prepare for a key central bank week featuring the Bank of Japan's (BoJ) policy decision and Kevin Warsh’s first … [Continue reading]
Canada Capacity Utilization remains unchanged at 78.5% in 1Q
,Gold recovers modest intraday losses, and turns flat during the first half of the European session, though it remains below the daily peak. Despite uncertainty over the US-Iran peace deal, a steadier mood fails to help the US Dollar in preserving … [Continue reading]
ECB’s Kocher: Too early to predict July’s interest rate decision
European Central Bank (ECB) Governing Council member Martin Kocher stated in the European trade on Friday that it is too early to discuss what the central bank will do in the July meeting.RemarksThere are six weeks until the next … [Continue reading]
Gold weakens as Iran deal uncertainty and hawkish Fed stance support USD
Gold (XAU/USD) attracts some sellers following a modest Asian session uptick to the $4,246-$4,247 region on Thursday, stalling the previous day's solid recovery move from its lowest level since November 2025. The US and Iran continue to send mixed … [Continue reading]
New Zealand Business NZ PMI down to 49.9 in May from previous 50.5
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China: Mixed May data keep recovery uneven – Standard Chartered
Standard Chartered economists Hunter Chan and Shuang Ding assess China’s May data as showing solid production but softer demand. They expect Industrial Production growth to partially recover from April’s slump, supported by strong exports and … [Continue reading]