Markets News

Gold repeatedly approached 3250 during the day, and US bonds showed a V-shaped recovery across the board!

Gold repeatedly approached 3250 during the day, and US bonds showed a V-shaped recovery across the board!

· The UK and the EU have reached agreements in multiple areas including fisheries, defense security, and trade. This news is positive for the pound and the euro. · The Conference Board's Leading Economic Index for April recorded a monthly rate of -1%, the largest decline since March 2023. This news is negative for the US dollar and US stocks. · The EU will propose to G7 finance ministers this week to lower the price cap on Russian seaborne oil, or suggest setting the cap at $50 per barrel. This news is bearish for crude oil.

Harvey
2025-05-20 08:35:55
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