US Inflation Picks Up in June Amid Tariff Pressures
U.S. consumer prices accelerated in June, potentially marking the beginning of a long-anticipated, tariff-driven rise in inflation. This development has made the Federal Reserve more cautious about resuming interest rate cuts.
The…
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China’s economy shows resilience but faces mounting pressure
China’s economy slowed less than expected in the second quarter, showing resilience against U.S. tariffs. However, analysts warn that weak domestic demand and rising global trade risks are likely to increase pressure on Beijing to introduce…
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GOLD – pullback from 3-week high found a footstep but the downside is still vulnerable
Gold price fell after bulls hit three-week high on Monday but faced multiple rejections at pivotal Fibo barrier at $3373 61.8% of $3452/$3246 bear-leg).
Pullback was so far short-lived as fresh bears found a footstep at $3350 double-Fibo…
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Silver hits new multi-year high
Silver hit the highest in nearly 14 years on Monday, testing levels above $39 as strong bullish acceleration extends into third consecutive day.
Growing uncertainty over US tariffs and weak economic outlook continue to fuel demand and…
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BTCUSD – surge through psychological 120K barrier opens way for stronger gains
BTCUSD broke through psychological 120K barrier in early Monday trading and hit new record high above 123K.
Fresh acceleration higher, which started last week, was fueled by increased demand on growing global uncertainty, with…
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Gold – fresh bulls accelerate and crack important resistance zone
Gold accelerated higher on Friday and broke through the upper boundary of triangle at daily chart ($3327) to crack next significant barrier at $3350 (50% retracement of $3452/$3245 / daily Kijun-sen).
Bounce after double rejection at…
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Bitcoin skyrockets on strong institutional buying, nears 120K target
BTCUSD hits series of new record highs, as the latest bull-leg extends into fourth consecutive day and accelerated strongly on Friday (up 4.5% for the day so far).
Bitcoin received fresh boost by increased demand by institutional…
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EURUSD – bulls hold grip for further gains after consolidation, 1.20 target comes in focus
EURUSD is holding under new high (1.1830, the highest since Sep 2021), as larger bulls took a breather for consolidation.
The single currency remains supported by the broader weakness of US dollar, which showed the worst performance in…
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GBPJPY-bulls lose traction on approach to psychological 200 barrier
GBPJPY edged lower from new one-year high, as larger bulls started to lose traction on approach to psychological 200.00 barrier.
Japanese yen remains under increased pressure after trade talks with US have failed several times and the…
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GOLD – bears tighten grip and probe again into daily cloud
Gold remains in red for the second consecutive day, pressured by stronger dollar on risk aversion as uncertainty over US tariffs rises.
Bears probe again through pivotal support at $3300 (psychological / rising daily cloud top) in…
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