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Gold prices in India climbed Monday; safe-haven demand, expected Fed cuts, and central-bank buying supported outlook.
NZD/USD hovers near 0.5735 as China holds rates; hawkish Fed, geopolitical volatility keep Kiwi pressured.
Gold slides as real yields and a firm dollar dominate, keeping pressure on $4,000 support.
NZD/USD hits two-month low as USD strength and weak NZ data fuel bearish momentum, key supports.
Next week’s markets hinge on global flash PMIs and inflation data, led by US May PCE report.
Nordea sees dollar supported by strong US data and hawkish Fed; gradual depreciation later as growth broadens.
Russia’s reserves fell $20.4bn to $729.3bn, signaling ruble defense, rising volatility, and potential rate hikes.
Canada retail sales rose 0.5% in April, missing forecasts, reinforcing cooling demand and dovish Bank signals.
Gold slides to one-week lows as markets price Fed hikes, strengthening dollar, pressuring bullion and ETFs.
DXY dipped but held above 100.75, buoyed by hawkish Fed hike odds amid geopolitical uncertainty.
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