Canada and Germany Advance Major LNG Supply Partnership 
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
UK Grocery Inflation Slows to 3.1% as Supermarket Price Pressures Ease in May 2026 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision 
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground 
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally 
S&P 500, Nasdaq Hit Record Highs as Iran Ceasefire Talks and AI Rally Boost Markets 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path 
Dow Hits Record High as Healthcare and Consumer Stocks Lead Wall Street Rally 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Gold prices remained stable in Asian trading on Friday, poised for a nearly 2% weekly gain as the U.S. dollar hovered near a four-month low. Investors remained cautious ahead of a key U.S. employment report that could influence Federal Reserve policy.
Spot Gold held at $2,913.57 per ounce, while April Gold Futures inched up 0.1% to $2,920.55. The weaker dollar made gold more attractive to investors, supporting prices.
Trade tensions continued to fuel uncertainty after President Trump initially imposed 25% tariffs on Canadian and Mexican goods, later delaying them under the USMCA agreement. The move added market volatility, boosting demand for safe-haven assets like gold.
Meanwhile, traders awaited U.S. payroll data for insights into the Fed’s interest rate outlook, especially amid persistent inflation concerns.
Other precious metals were subdued. Platinum Futures remained flat at $982.1, while Silver Futures slipped 0.4% to $33.198.
Copper prices, which had hit a three-week high, pulled back as weak Chinese trade data dampened sentiment. London Copper Futures dropped 0.7% to $9,639.25 per ton, while April Copper Futures held slightly higher at $4.7875 per pound.
Markets watched for potential Chinese stimulus measures amid slowing exports and imports. Recent comments from Trump about 25% tariffs on copper imports further weighed on sentiment, raising concerns about global supply chains.
With ongoing trade policy shifts and economic uncertainty, gold remained a key safe-haven asset, while investors looked for further cues from upcoming economic data and potential stimulus measures in China.
