Daily Market Report
➢ Gold price rose to $3,375 during Tuesday’s Asian session.
➢ Fed independence concerns surfaced as Trump plans to remove Fed Governor Lisa Cook.
➢ Rate cut expectations lifted Gold, reducing its opportunity cost.
➢ Upcoming US data includes Consumer Confidence, Durable Goods, and Richmond Fed
Index.
➢ Key reports later this week: Q2 GDP and July PCE Price Index.
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