Daily Market Report
➢ Gold price slips below $3,400 amid improved risk sentiment and equity gains.
➢ Weaker safe-haven demand weighs on gold, but losses limited by USD selling.
➢ US-China tariff deadline and US-Russia talks add market uncertainty, supporting gold.
➢ Fed rate cut bets rise, with expectations of two cuts by year-end after soft jobs data.
➢ Fed officials warn of labor market fragility; Bowman sees 3 rate cuts as likely.
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