Gold prices fell in UAE amid trade optimism, geopolitical tensions, and expectations of future US rate cuts.
PBOC sets yuan’s daily midpoint; allows 2% fluctuation; may intervene to maintain exchange rate stability.
Gold prices in Pakistan fell amid US-China trade optimism, impacting demand; global tensions may limit declines.
UBS shifts US equities outlook to Neutral, citing improved sentiment, stable valuations, and easing trade tensions.
Investment lending dips in Australia; markets react to US-China trade pause, EUR/USD nears 1.1200.
South Korea’s April unemployment fell to 2.7%, with job growth and currency fluctuations marking economic shifts.
Australia’s wages rise; Euro, Pound stay strong; Gold steady; Solana fluctuates amid trade optimism and data focus.
Bear steepening signals reduced recession risk, influencing hiring, spending, and affirming markets’ role in economic momentum.
Japan’s PPI rose 4%. EUR/USD neared 1.1200. Gold steady. Solana dipped. Markets gained on trade optimism.
Goldman Sachs raises S&P 500 forecasts, citing improved growth, easing risks, and cautious earnings outlook.
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