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Daily Economic Reports

Gold Edges Lower as Trump’s Tariff Delay Lifts Risk Sentiment, Metals Retrace Gains

Gold prices declined in Asian trading on Tuesday, extending recent losses after U.S. President Donald Trump’s decision to postpone steep tariffs on the European Union helped buoy global risk sentiment. Spot gold fell 0.5% to $3,326.53 an ounce, while gold futures for August dropped 1.2% to $3,353.09/oz by 01:30 ET …

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Lagarde: US Policies Could Bolster Euro’s International Role

Christine Lagarde, President of the European Central Bank (ECB), stated on Monday that “US policies are strengthening the euro’s international role.” However, she did not directly discuss the central bank’s interest rate decisions.Lagarde also noted that “global fragmentation and the shift away from multilateralism pose risks to the European economy, …

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Gold Eases as Trump Pauses EU Tariff Threat, But Weak Dollar and Stagflation Fears Lend Support

Gold prices slipped modestly in Asian trading on Monday, pulling back from last week’s gains after U.S. President Donald Trump over the weekend backed off from his threat to immediately impose 50% tariffs on the European Union. Spot gold dipped 0.2% to $3,349.45 an ounce, while gold futures for June …

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Weekly Recap: Stagflation Risks Loom as U.S. Fiscal and Trade Policies Stir Market Turmoil

U.S. Dollar: Under Pressure from Debt and TradeThe U.S. dollar continued its decline for the third consecutive trading day, with the U.S. Dollar Index (DXY) dropping to 99.58 points on Wednesday, May 21, 2025, compared to the previous day’s close of 100.12 points, recording a high of 99.99 points and …

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Gold Surges Beyond $3,350 as Trump’s Trade War Rhetoric Intensifies

Gold Climbs Amid Trade TensionsGold prices soared nearly 2% on Friday, May 23, 2025, reaching $3,359 after rebounding from a daily low of $3,287, driven by heightened safe-haven demand. The rally, which marked a 5% weekly gain, was spurred by a weakening U.S. dollar following President Donald Trump’s threat to …

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U.S. Treasury Yields Drop as Trump’s Tariff Threats Spark ‘Sell America’ Wave

Yields Decline Amid Trade War FearsU.S. Treasury yields fell across the curve on Friday, May 23, 2025, with the 10-year note yield slipping two basis points to 4.509%. The decline was triggered by President Donald Trump’s escalating tariff threats, including a proposed 25% tariff on iPhones not manufactured in the …

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GBP/USD Climbs Beyond 1.3500 to a Three-Year Peak on Robust UK Retail Sales and Dollar Weakness

Pound Soars to Highest Level Since February 2022The GBP/USD pair surged past 1.3500, reaching 1.3538 on Friday, May 23, 2025, marking its highest level since February 2022 and gaining nearly 0.80% during the U.S. trading session. The pound’s rally was fueled by a combination of strong UK retail sales data …

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