RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Gold prices edged higher in Asian trading Monday, recovering from a one-month low as a weaker U.S. dollar boosted demand, despite easing geopolitical tensions in the Middle East. Spot gold rose 0.5% to $3,290.25 per ounce, while August gold futures gained 0.4% to $3,300.00 by 02:00 ET (06:00 GMT). The metal had slumped nearly 3% last week—its steepest drop since early May—wiping out prior gains tied to global conflicts and leaving it flat for the month.
The dollar’s decline, with the U.S. Dollar Index down 0.2% and hovering near a three-year low, made gold more attractive to foreign investors. Market expectations of a potential Federal Reserve rate cut by September further pressured the greenback, supporting bullion.
Risk appetite improved after U.S. President Donald Trump brokered a ceasefire between Israel and Iran, reducing safe-haven inflows into gold. Optimism also grew following a U.S.–China trade agreement in Geneva, which eased rare-earth tensions and trade friction, and the launch of a U.S.–U.K. trade deal that cuts car tariffs and removes duties on aircraft parts.
Still, concerns linger over the upcoming July 9 deadline, which may trigger renewed tariffs on global steel, aluminum, and other imports if no agreements are reached.
Other metals also gained. Platinum futures jumped 1.9% to $1,377.00, putting the metal on track for a 30% monthly surge despite recent pullbacks. Silver held steady at $36.045 per ounce. Copper futures on the London Metal Exchange were flat at $9,888.95 per ton, while U.S. copper rose 0.7% to $5.132 per pound. Gains were tempered by weak Chinese manufacturing data, signaling softer demand from the world’s top copper importer.
