Daily Morning Analysis Report – Friday – 27/06/202
Daily Market Report ➢ Muted Gold Movement: Gold (XAU/USD) trades in a tight range near $3,300 as markets weigh mixed US economic data and Powell’s Congressional testimony. ➢ Weak US Housing Data: US New Home Sales for May fell to 623,000 vs. expected 690,000, with a 13.7% monthly drop, signaling housing sector strain. ➢ Hawkish […]
Daily Morning Analysis Report – Thursday – 26/06/202
Daily Market Report ➢ Muted Gold Movement: Gold (XAU/USD) trades in a tight range near $3,300 as markets weigh mixed US economic data and Powell’s Congressional testimony. ➢ Weak US Housing Data: US New Home Sales for May fell to 623,000 vs. expected 690,000, with a 13.7% monthly drop, signaling housing sector strain. ➢ Hawkish […]
Daily Morning Analysis Report – Wednesday – 25/06/202
Daily Market Report ➢ Gold Prices Rebound: Gold (XAU/USD) sees modest gains, recovering from a two-day losing streak below $3,300, supported by Fed rate cut expectations and geopolitical tensions. ➢ Fed’s Dovish Tilt: Fed Chair Powell maintains a cautious stance but hints that lower inflation and weak labor markets could lead to earlier rate cuts—possibly […]
Daily Morning Analysis Report – Tuesday – 24/06/202
Daily Market Report ➢ Gold slides further as Israel-Iran ceasefire news lifts global risk sentiment, reducing demand for safe-haven assets. ➢ Dovish Fed remarks and soft US PMI data increase July rate cut expectations, weakening the USD and offering some support to gold. ➢ Gold trades near a two-week low, though persistent USD weakness limits […]
Daily Morning Analysis Report – Monday – 23/06/202
Daily Market Report ➢ The US launched airstrikes on three Iranian nuclear sites (Fordo, Natanz, and Isfahan), escalating the Iran-Israel conflict and increasing Middle East tensions. ➢ Iran’s Foreign Minister Araghchi condemned the strikes as outrageous and warned of everlasting consequences, vowing retaliation against both the US and Israel. ➢ President Trump responded with a […]
Daily Morning Analysis Report – Friday – 20/06/202
Daily Market Report ➢ Gold prices remain flat, trading between $3,360 and $3,400 amid consolidation and cautious sentiment. ➢ Markets weigh the Fed’s data-dependent stance against rising geopolitical tensions, limiting price movement. ➢ The US Dollar pauses as President Trump consults his security team on the Israel-Iran conflict. ➢ Juneteenth holiday in the US results […]
Daily Morning Analysis Report – Thursday – 19/06/202
Daily Market Report ➢ Gold Rebounds: Gold bounced back to $3,375 after dropping to $3,362 on Trump’s remarks about potential talks with Iran. ➢ Fed Holds Rates: The Federal Reserve kept interest rates steady at 4.25%–4.50% and projected two rate cuts later this year. ➢ 2025 Outlook Downgraded: Fed’s updated projections show slower 2025 GDP […]
Daily Morning Analysis Report – Wednesday – 18/06/202
Daily Market Report ➢ Gold Nears $3,400: XAU/USD moves higher ahead of Wednesday’s Fed decision, trading around $3,392 amid rising safe-haven demand. ➢ US Retail Sales Mixed: May headline sales fell 0.9% (vs. -0.7% expected), the largest drop in 2024, while the control group rose 0.4%, signaling underlying consumer strength. ➢ Fed Policy Uncertainty: Weak […]
Daily Morning Analysis Report – Tuesday – 17/06/202
Daily Market Report ➢ Gold Spikes Then Drops: Gold surged to an 8-week high of $3,452 amid Israel-Iran tensions but fell below $3,400, trading at $3,383 during the North American session. ➢ Iran’s Diplomatic Shift: Iran signaled readiness to resume nuclear talks, reducing safe- haven demand for Gold; though some Iranian officials denied the report. […]
Daily Morning Analysis Report – Monday – 16/06/2025
Daily Market Report ➢ Gold price surges to $3,450 during early Asian trading today, reaching a one-month high. ➢ Safe-haven demand rises amid escalating geopolitical tensions between Israel and Iran. ➢ Israeli attacks on Iranian targets spark fears of broader conflict; Iran vows a firm response to any military escalation. ➢ Traders price in an […]