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OPEC+ plans to increase production in August to drag oil prices, U.S. reaches tr
Basic news on Monday (June 30, Beijing time), spot gold fell, trading around $3,268.70/ounce, hitting a new low in a month. Optimistic trade news boosted risk appetite and weakened the attractiveness of gold as a safe-haven asset; U.S. crude oil fell more than...
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Trade negotiations have returned to the horizon, Powell reiterated that he is no
The market was once again shrouded in positive sentiment after the United States intervened in the conflict between Israel and Iran and led to a ceasefire agreement. The news drove the U.S. stock market soared sharply this week, setting a new record high. The ...
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Central banks of various countries plan to buy more gold, analysis of short-term
Global Market Review 1. European and American market trends. The three major U.S. stock index futures rose, Dow futures rose 0.30%, S&P 500 futures rose 0.27%, and Nasdaq futures rose 0.31%. The German DAX index rose 0.77%, the UK FTSE 100 index rose 0.56%, th...
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The dollar continues to weaken ahead of inflation data
The U.S. dollar (USD) struggled to find demand earlier on Friday, with the U.S. dollar index remaining in the negative area below 97.50 after four consecutive days of declines. In the second half of the day, the U.S. Bureau of Economic Analysis (BEA) will rele...
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Economic data support the dollar's rebound, investment banks say weak non-struct
Asian markets reviewed Thursday as media reports said Trump was considering announcing Powell‘s successor as early as September, and the dollar index fell below 97 during the session, with gold prices so far 97.37. Overview of fundamentals of foreign exchange ...
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EU considers reducing tariffs on the US, US PCE data attracts much attention
On June 27, during the Asian market on Friday, spot gold trading was around $3,323/ounce, and gold prices remained stable on Thursday. Investors were waiting for U.S. inflation data to judge interest rate outlook, while paying attention to the easing of geopol...
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The U.S. GDP fell unexpectedly in the first quarter, and the U.S. index fell bel
On June 27, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 97.369. On Thursday, the dollar index fell below 97 intraday, the first time since March 2022, and finally closed down 0.37% at 97.35 points as media r...
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