From marctomarket.com | 15 min ago
Last week was momentous. There was a fragile 60-day de-escalation during negotiations between Washington and Tehran. However, the allies of both (Hezbollah and Israel) continue to clash, stalling talks. Still, oil prices tumbled 7-9%. At the same time, a new era at the Federal Reserve has begun. The new chair eschews forward guidance, and this was reflected ...
"Safe passage through the international waterway remained intact today as 55 merchant ships transited, moving large amounts of cargo and more than 17 million barrels of oil to global markets. "
Axios: Vance may head to Switzerland today to participate in the talks scheduled with Iran tomorrow.
Iran Closes Strait of Hormuz as Fighting Flares Again in Lebanon
Two men were arrested on Friday (Jun 19) for allegedly stealing a diamond worth over S$235,000 (US$182,000) from a jewellery store after replacing it with a fake. In a news release on Saturday, the Singapore Police Force (SPF) said it received a call for assistance at about 3.40pm on Friday and was informed that a diamond had been stolen from a jewellery ...
The Federal Reserve is a sprawling bureaucracy, averse to change. With that in mind, the latest FOMC meeting and press conference the first under new Fed Chair Kevin Warsh came as a pleasant surprise. The Fed held its target for the federal funds rate at 3.5% to 3.75%. While that decision itself was routine (markets had treated it as a near-certainty), ...
From fxempire.com | 15 hr ago
The silver market has dropped a bit during the course of the trading week, only to bounce at the 50-week EMA. Ultimately, this is a market that I think is in the midst of trying to find its floor, and its probably worth noting that interest rates have been drifting a little bit lower, so the question is, will we see the interest rate markets drive silver ...
From thestreet.com | 19 hr ago
There is an old rule about value. The moment something becomes worth enough, someone starts working out how to take it without paying for it. That rule has governed gold for thousands of years. The metal does not rust, pays no dividend, and does nothing useful while it sits in a vault. Its only job is to hold its worth when everything else stops holding ...
From financefeeds.com | 20 hr ago
Goldman Sachs lowered its year-end gold price forecast by $500 to $4,900 per ounce, citing expectations that the Federal Reserve will not cut interest rates in 2026. The revision, reported by Bloomberg, reflects growing concern that delayed monetary easing could pressure both bullion and risk assets, including Bitcoin. Context and Background: The banks ...
Trump: About 700 ships are going through Hormuz. Trump: Chinas President Xi is coming to the US in September.
From eletric-vehicles.com | 21 hr ago
The European Union is preparing to impose countervailing duties on plug-in hybrid vehicles (PHEV) imported from China, the Handelsblatt reported on Thursday evening, citing high-ranking EU officials and industry sources. Three people involved in the process told the German newspaper that an anti-subsidy investigation has already been prepared, allowing the ...
From fxempire.com | 22 hr ago
The gold market fell a bit during the trading week in what would be shorter trading. There was the Juneteenth holiday on Friday, so that of course came into the picture as well. But now, Im watching the $4,000 level very closely. I think thats an area that you need to be very cautious with. It should, at least in theory, be supported, but if it were to ...
Iran Closes Strait of Hormuz as Fighting Flares Again in Lebanon
The Federal Reserve is a sprawling bureaucracy, averse to change. With that in mind, the latest FOMC meeting and press conference the first under new Fed Chair Kevin Warsh came as a pleasant surprise. The Fed held its target for the federal funds rate at 3.5% to 3.75%. While that decision itself was routine (markets had treated it as a near-certainty), ...
"Safe passage through the international waterway remained intact today as 55 merchant ships transited, moving large amounts of cargo and more than 17 million barrels of oil to global markets. "
Sessions
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Gold with No Drama leads|Interactive Trading|58,557 replies Eren10 replied 1 hr 47 min ago Israel doesn't want a deal. So will be difficult to establish a peace deal there.
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