MON: G7 Summit (15-17 Jun), German Wholesale Prices (May), Indian WPI (May), EZ Industrial Production (Apr), US Industrial Production (May) TUE: BoJ Policy Announcement (Jun), RBA Policy Announcement (Jun), G7 Summit (15-17 Jun), Chinese Industrial Production (May), Retail Sales (May), Unemployment Rate (May), Italian HICP Final (May), EZ/German ZEW Survey (Jun), US ADP Employment Change Weekly, US Building Permits…

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Gold (XAU/USD) price consolidates above the $4,200 figure on Friday as market participants are optimistic about a potential US-Iran deal, set to be signed next week, according to newswires. Meanwhile, households in the US are becoming more optimistic about the economy. The XAU/USD pair trades at $4,216, up 0.11%. XAU/USD steadies as deal chatter offsets firmer yields Investors’ mood…

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Sector Overview The US stock market showcased a complex landscape today, with technology stocks primarily leading the way. The semiconductor sector saw significant momentum, thanks to some impressive performances. NVDA rose by 0.54% and AMD skyrocketed by 5.39%, contributing to a bullish sentiment in the sector. Notably, TXN’s impressive gain of 1.14% further supports this upward trajectory. Meanwhile, the…

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Deutsche Bank’s Sanjay Raja says the UK economy is tracking close to the Bank of England’s Scenario A, with stronger‑than‑expected early‑2026 GDP but a cooling labour market and easing price pressures. GDP is seen around 1% in 2026–27, while CPI is projected slightly below Scenario A and potentially under the 2% target at longer horizons. Scenario A path for…

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A look at what’s pressing gold lower, from hot inflation to rising real yields, and the two catalysts that could shift the direction next week.

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The Iranian Foreign Minister is saying that: The memorandum of understanding has never been closer The signing is pending its finalization He comments that the media should refrain from entering into speculation about its contents The details of the deal will be forthcoming A diplomatic source is also commenting that the US and Iran have informed mediators of their…

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A senior administration official said on Friday that the Iran deal will guarantee long-term peace in the region. The agreement would achieve core US objectives and reopen the Strait of Hormuz. The official said that the US would get enriched nuclear material and include an inspection regime. SENIOR ADMINISTRATION OFFICIAL: IRAN DEAL ACCOMPLISHES CORE U.S. OBJECTIVES IRAN DEAL REOPENS…

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A look at the forces driving the Nasdaq 100, from a record IPO debut to back-to-back hot inflation data, and the events that could decide the next move.

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VP Vance is on the wires saying: Seeing a lot of fake information about a potential deal to reopen Strait and ending Iran’s nuclear weapons program. HMMMM.. I thought those were two of the main goals in the process. Vance adds: Iranians are not receiving any cash No funds are being released for simply signing a deal or attending…

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