Business Outlook Survey to gauge confidence with energy shock – RBC

Royal Bank of Canada (RBC) economists Nathan Janzen and Abbey Xu note the Bank of Canada’s (BoC) Q2 Business Outlook Survey will show how firms reacted to recent energy price volatility, with West Texas Intermediate (WTI) previously near US$100. They expect inflation expectations to stay anchored near the 2% target and will watch sales, employment and investment intentions, which…

Read more

Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (July 6, 2026)

2026.07.06 2026.07.06 Short-Term Analysis for Oil, Gold, and EURUSD for 06.07.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Short-term forecast for oil, gold, and euro-dollar…

Read more

FX option expiries for 6 July 10am New York cut

There are quite a few expiries to take note of on the day, as highlighted in bold below. The first ones are for EUR/USD at the 1.1400 and 1.1450 levels. The expiries are likely to act as bookends for price action, keeping things in check to start the new week. The lower end of the expiries at 1.1400 do…

Read more

Gold price in Pakistan: Rates on July 6

Gold prices fell in Pakistan on Monday, according to data compiled by FXStreet. The price for Gold stood at 37,215.24 Pakistani Rupees (PKR) per gram, down compared with the PKR 37,346.06 it cost on Friday. The price for Gold decreased to PKR 434,066.60 per tola from PKR 435,597.20 per tola on friday. Unit measure Gold Price in PKR 1…

Read more

Hong Kong pension fund to ease rules on gold ETF investment, source says

Loosening approval rules for a HK$1.53 trillion pension pool marks a meaningful structural step in Hong Kong’s push to position itself as a regional gold trading centre, potentially channelling steady, long-horizon retirement capital into gold ETFs rather than leaving allocation decisions to case-by-case regulatory approval. The 10% exposure cap and derivatives ban suggest the MPFA is prioritising risk containment…

Read more

Wall Street splits on gold as forecasts range from $4,800 to $6,000

Goldman’s revised central-bank demand model, which lifted its estimated purchases to roughly 60 tonnes a month through 2026 from an earlier 29-tonne pace, gives the bullish case a firmer structural anchor even after the bank trimmed its year-end target by $500 in June. The dispersion across Wall Street, from BofA’s more cautious $4,800 to JPMorgan’s $6,000 call, highlights how…

Read more

Is CEG a strong AI data centre power demand trade idea?

Constellation Energy Corporation, ticker CEG, has become one of the most closely watched stocks linked to the artificial intelligence power demand theme. The logic is simple. AI needs data centres. Data centres need vast amounts of reliable electricity. Reliable, clean, around-the-clock electricity is becoming harder to secure. Constellation owns one of the most important nuclear power fleets in the…

Read more