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Gold price regains positive traction amid a modest USD pullback from a multi-week high.Persistent trade-related uncertainties also lend support to the safe-haven precious metal.Reduced Fed rate cut bets might cap the commodity ahead of the critical US CPI report. Gold price (XAU/USD) attracts some d

Bank of England (BoE) Governor Andrew Bailey warned finance ministers of the G20 group of countries that despite overall sturdy global market conditions, downside economic and political risks have likewise hardened recently. Key highlights Since April, market conditions have improved and asset price

Donald Trump continued his tariff reveals over the weekend, announcing that the EU and Mexico would be hit with 30% tariffs from August 1st. That’s far more than what the EU expected — they were hoping for a figure closer to what the UK secured: a 10% tariff, with exceptions for key sectors like met

OPEC+ is likely to increase oil production again in September and then take a pause, according to Bloomberg, citing delegates familiar with the matter. Risk of oversupply may prevent OPEC+ from reversing production cuts "This suggests a production increase of a further 550,000 barrels per day in Sep

The UK GDP figures have been incredibly volatile this year, and May's decline looks more like noise than signal. But there are growing concerns about the UK economy, driven by weakness in the jobs market. If next Thursday's payroll figures are bad, then it would pile the pressure on the Bank of Engl

USD/JPY Japanese yen fell across the board, with the recent weakness being sparked by President Trump’s decision to impose a 25% tariffs on imports from Japan. Yen suffered the biggest losses against US dollar and Australian dollar, after the Australia’s central bank surprised markets on decision to

EU mid-market update: Big Four central bank governors to speak on Sintra panel at US market open; Trump-Musk feud reignites; US said to narrow trade strategy; OBBB vote-o-rama continues. Notes/observations - EU indices and US futures are marginally tipped into the red, ahead of US tax bill vote, tra

The price of a barrel of WTI fell to $64 at the start of trading on Tuesday, while Brent fell to $66.7 at its lowest point at the start of active trading in Europe. Retreating to levels seen before the latest conflict, the price recouped the ‘war premium’. This was how the markets reacted to Iran’s

A Hawkish Turncoat is Now the Risk-On Trade’s Best Friend. The Middle East may still be smouldering, but as far as markets are concerned, the fire alarm has been shut off. Oil prices, once torchbearers of geopolitical panic, are now the poster child for mean reversion. Brent has collapsed more than

TradeGateHub Live Trading: The EUR/USD decline continues, with Coach projecting a further drop toward 1.13 and potentially 1.11. During the session, he reviews his current long Dollar positions, highlighting key technical levels to watch. He also analyzes the SPX “beach ball” recovery, noting its re

EUR/GBP strengthens to around 0.8570 in Monday’s early European session.Weaker-than-expected UK Retail Sales continue to undermine the Pound Sterling and create a tailwind for the cross. The ECB signaled a pause in rate cuts despite low inflation. The EUR/GBP cross trades in positive territory near