Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market 
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears 
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Quite a number of economic events lined up today but all with low to medium volatility risks associated.
Upcoming:
- Germany: Factory orders for May will be announced at 6:00 GMT.
- Spain: Industrial output for May will be announced at 7:00 GMT.
- United States: MBA mortgage applications will be announced at 11:00 GMT, followed by Trade balance for May. Fed’s Tarullo will be speaking at 13:00 GMT. Markit services PMI will be announced at 13:45 GMT, followed by ISM-non manufacturing PMI at 14:00 GMT. FOMC will release minutes of June meeting at 18:00 GMT.
- Canada: Trade balance for May will be announced at 12:30 GMT.
- Australia: AiG performance of construction index will be published at 23:30 GMT.
- Auctions: US will auction 1 month bills at 18:30 GMT.
