FOREXLIVE presents a meticulously curated selection of news articles, insightful blogs, and essential market intelligence, delivering a comprehensive resource for financial enthusiasts and professionals alike. Our platform merges the latest headlines, expert opinions, and in-depth analyses from diverse sources, fostering informed decision-making and staying abreast of global economic trends. Whether you're a seasoned trader or just starting, FOREXLIVE ensures access to pertinent, up-to-date information that enriches your understanding and engagement with the dynamic financial landscape. Explore our array of content, crafted to enlighten and inspire, guiding you through the complexities of the ever-evolving market ecosystem.
FOREXLIVE presents a meticulously curated selection of news articles, insightful blogs, and essential market intelligence, delivering a comprehensive resource for financial enthusiasts and professionals alike. Our platform merges the latest headlines, expert opinions, and in-depth analyses from diverse sources, fostering informed decision-making and staying abreast of global economic trends. Whether you're a seasoned trader or just starting, FOREXLIVE ensures access to pertinent, up-to-date information that enriches your understanding and engagement with the dynamic financial landscape. Explore our array of content, crafted to enlighten and inspire, guiding you through the complexities of the ever-evolving market ecosystem.
European equities lightly changed to start the day
It will be a waiting game until the US jobs report later
Gold takes a dip on headline that China halts reserves buying after 18-month stretch
A quick kneejerk reaction in gold prices
Eurozone Q1 final GDP +0.3% vs +0.3% q/q second estimate
Latest data released by Eurostat - 7 June 2024
Why gold dropped on the headline about China halting reserves buying?
It has more to do with the prevailing market narrative than a real fundamental reason
Preview: What to look for in the April US PCE inflation report
Expect PCE to be a big market mover
JP Morgan says a big miss, or beat, on the US jobs report (NFP) could flip the narrative
JP Morgan warn of 3 catalysts that could precipitate a big drop for the S&P 500
Japan data shows April household spending fell from March, down 1.2% m/m
Higher y/y
Japan finance minister Suzuki says will take action against excessive FX moves
Intervention threat from Suzuki
China May trade data: USD denominated exports +7.6% y/y (beat) and Imports +1.8% (miss)
A solid beat for exports but an equally solid miss for imports.
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