June 9, 2025
Gold Investing

XAU/USD uptrend appears uninterrupted on PMI day

Gold price sits at two-week highs near $3,350 ahead of PMI data on Thursday.   The US Dollar extends its losing streak on increased geopolitical and fiscal concerns.    Gold price eyes a break above the key falling trendline resistance at $3,380 amid bullish RSI. Gold price is on a roll higher for the fourth

Read More
Gold Investing

XAU/USD down but not out ahead of US PMI data

Gold price corrects from near all-time highs early Friday, anticipating US PMI data. US Dollar attempts a comeback amid cautious mood, despite sluggish US Treasury bond yields Gold price remains exposed to upside risks, as the daily technical setup indicates. Gold price is on a corrective move lower from near record highs of $2,955 set

Read More
Fixed Assets

China’s property fall overshadows spending rebound in May, challenging Beijing’s economic targets

Property investment fell by 10.1 per cent, year on year, in the first five months of 2024, worsening from a 9.8 per cent drop from January through April and a 9.5 per cent drop in the first quarter. We must acknowledge that it will take some time for the effects of policy measures to be

Read More