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Gold Slightly Retreats on Trade Optimism

Key Takeaways: *Renewed US-China diplomatic contact lifts market sentiment *Risk appetite rebounds slightly, aiding risk-sensitive currencies *Dollar continues to slide on weak US jobs data *Gold dips modestly but maintains bullish fundamentals amid USD softness and US debt risks Market Summary: Global risk sentiment improved modestly after US President Donald Trump revealed he had aContinue Reading
Written on June 6, 2025 at 7:58 am
Categories: Daily Market Analysis
Inflation in Focus: Key CPI, PPI and Global Growth Signals Await

The Week Ahead: Week of 9th June 2025 (GMT+3) Weekly Market PreviewRecent U.S. economic data has largely fallen short of expectations, with early signs that the impact of ongoing trade tensions may be materializing. Despite the weakening data, Federal Reserve officials remain divided on the appropriate course of action for monetary policy, as concerns persistContinue Reading
Chart the Market (05/06/2025)

ETH, H4: Ethereum (ETH) has broken out decisively from its recent consolidation range, which had previously held near the $2,500 support level. The sustained move above the pivotal $2,580 mark suggests a potential trend reversal, reinforcing the case for renewed upward momentum. This breakout gains further credibility from improving technical indicators, signaling a shift inContinue Reading
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