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Gold futures test resistance as FOMC division limits upside
June Gold futures experienced a modest rally during Tuesday's session but failed to test overhead resistance, ultimately pulling back toward the close. A broadly weaker U.S. dollar provided a structural tailwind for the metal, though elevated yields and a cautious Federal Reserve continued to offset support. Market participants are closely watching upcoming labor data, including ADP private payrolls and the BLS non-farm payrolls, which could influence the dollar's immediate trajectory. Furthermore, the CME FedWatch Tool indicates no expected rate cuts until late 2027, with the probability of a rate hike outweighing a ...
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From rbnz.govt.nz|May 5, 2026A significant focus of this Report is on the financial stability impacts of the conflict in the Middle East. Global events of this nature affect the New Zealand financial system ...
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From vtmarkets.com|May 5, 2026Gold (XAU/USD) rose on Tuesday to about $4,580 after a five-week low near $4,500 on Monday. Gains remained limited as expectations for higher interest rates persisted, linked to ...
From @realDonaldTrump|May 5, 2026|286 comments
Based on the request of Pakistan and other Countries, the tremendous Military Success that we have had during the Campaign against the Country of Iran and, additionally, the fact that Great Progress has been made toward a Complete and Final Agreement with Representatives of Iran, we have mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time to see whether or not the Agreement can be finalized and signed. President DONALD J. TRUMP
From cnbc.com|May 5, 2026Federal labor market data issued Tuesday suggests the frozen U.S. job market may be starting to thaw — but the economic fallout from the Iran war threatens to stall that momentum, ...
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- May 5, 2026 4:29pm Posted byFundamental Analysis143
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