News

Gold prices end $5 short of the $1,418.70 highs scored on Tuesday. Gold futures scored their biggest monthly percentage gain in three years. Gold ended the New York session at 1409, virtually flat on the day having travelled between $1,405.86 and $1,424.64. However, gold futures scored their biggest monthly percentage gain in three years, moving just
June usually isn’t a great month to buy stocks Changes for the S&P 500: Daily +0.6% (+17 points to 2941) Monthly +6.9% Quarterly +3.8% All the US indexes performed roughly in-line over the month, with gains around 7% and slight outperformance in the Nasdaq (+7.4%). This was really about the reversal of the Mexican tariffs.
EURUSD FORECAST, G20 SUMMIT, TRUMP XI MEETING – TALKING POINTS EURUSD eyeing G20 summit in Osaka, Japan Main focus will be on Trump-Xi trade meeting US econ data could temporarily take spotlight See our free guide to learn how to use economic news in your trading strategy! G20 SUMMIT: XI TRUMP MEETING, TRADE WARS Investors
Tokyo’s main index falls as Asian equities drop ahead of the Trump-Xi meeting Asian stocks are displaying more cautious sentiment to wrap up the week, with the focus in markets today being solely on the Trump-Xi meeting that will take place tomorrow. Chinese equities are down by nearly 1% but I reckon month-end flows may
Japan’s  foreign minister Taro Kono has met with the two contenders for the UK prime Ministership, Hunt and Johsnon. He emphasised the concern Japanese firms have over a hard Brexit  “Whenever we had a meeting, that was one of the major issues – please… no no-deal Brexit There are over 1,000 Japanese companies operating in the United
Less dovish RBNZ statement, upbeat market sentiment pleases NZD/USD buyers. Details from G20, New Zealand ANZ survey data awaited for fresh clues. With the RBNZ statement differing from its global central bank peers and market optimism surrounding G20 pleasing commodity-linked currencies, the NZD/USD stays modestly flat near 10-week high while taking the rounds to 0.6680