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Gold Prices Aim Higher as Fed Rate Cut Bets Weigh on the US Dollar
Stock markets steadied as US producer price index (PPI) data showed a smaller-than-expected rise in wholesale inflation, breathing new life into Federal Reserve interest rate cut speculation. Treasury bonds rose as rates fell across the yield curve, gold prices rallied, and the US dollar slumped against major currencies. The report showed that PPI rose 0.1% in May, falling short of median forecasts calling for a rise of 0.2%. The core wholesale inflation rate excluding food and energy prices fell to 3% year-on-year, the lowest since August 2024. The headline rate edged up to 2.6% from 2.5% in April, in line with ... (full story)
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From @DeItaone|Jun 12, 2025|120 comments*ISRAEL LAUNCHED A PRE-EMPTIVE STRIKE IN IRAN: CHANNEL 12 ISRAELI MINISTER OF DEFENSE ISRAEL KATZ DECLARES A SPECIAL STATE OF EMERGENCY IN THE HOME FRONT THROUGHOUT THE ENTIRE STATE OF ISRAEL -AXIOS ISRAELI DEFENSE MINISTER SAYS FOLLOWING ISRAEL'S PREEMPTIVE STRIKE AGAINST IRAN, A MISSILE AND DRONE ATTACK AGAINST ISRAEL AND ITS…
From thegoldforecast.com|Jun 12, 2025Gold futures have demonstrated exceptional momentum this week, with the precious metal climbing decisively above the psychologically important $3,400 per ounce threshold amid a ...
From morningstar.com|Jun 12, 2025The two commodities are among the most 'geopolitical-sensitive barometers' Tensions between the U.S. and Iran have been rising, but the big moves in gold and oil prices can help ...
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From @PiQSuite|Jun 12, 2025|44 commentsNETANYAHU: WE ARE AT A DECISIVE MOMENT IN ISRAEL'S HISTORY OUR PILOTS ARE STRIKING MANY TARGETS IN IRAN MOMENTS AGO, ISRAEL LAUNCHED OPERATION RISING LION, A TARGETED MILITARY TO ROLL BACK THE IRANIAN THREAT TO ISRAEL'S VERY SURVIVAL THIS OPERATION WILL CONTINUE FOR AS MANY… NETANYAHU: WE TARGETED IRAN'S LEADING NUCLEAR SCIENTISTS WORKING ON THE IRANIAN BOMB, WE ALSO STRUCK THE HEART OF IRAN'S BALLISTIC MISSILE PROGRAMME NETANYAHU: OUR FIGHT IS NOT WITH THE PEOPLE OF IRAN, OUR FIGHT IS WITH THE IRAN'S DICTATORSHIP
From think.ing.com|Jun 12, 2025The Bank of Japan is expected to keep its policy rate at 0.5%. The real focus will be on the interim review of the size of Japanese government bond purchase operations. Despite ...
From cnbc.com|Jun 12, 2025|25 commentsIsrael launched a series of airstrikes against Iran early Friday morning local time, targeting locations it said were related to Iran’s nuclear program. Iranian state media ...
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- Jun 12, 2025 7:46pm Posted byFundamental Analysis293
