Gold’s Pullback Halts But Bears Still in Town

Markets On Friday, the post-Liberation Day risk-off move evolved to outright market panic. European equity markets from the open drifted further south. Around noon, China announced retaliation to the US tariffs, matching the baseline US 34% tariff with a similar levy, adding a series of additional ‘technical’ measures. The China action only reinforced investor fears […]

According to CNN, the economies of the UK and Japan entered a technical recession last week as data showed a second consecutive quarterly decline in gross domestic product. And if in the UK the economic downturn can be associated with high inflation and the strict policies of the Bank of England, then in Japan the […]

EUR/USD concluded a stable week, trading around the 1.1170 mark, despite earlier momentum favoring the US dollar. Earlier in the week, the dollar surged—its fastest pace since early June—as markets anticipated insights from key Federal Reserve policymakers. However, no definitive data emerged to significantly sway the dollar’s trajectory; rather, subtle market expectations about future Fed […]