Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
US Stock Futures Recover as Iran Signals Progress in Peace Talks 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
German Industry Employment Falls to Lowest Level in a Decade 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
Gold prices surged in Asian trading Thursday, driven by growing safe-haven demand amid rising Middle East tensions and uncertainty over U.S. trade policy. Spot gold climbed 0.6% to $3,374.94 per ounce, while August futures jumped 1.5% to $3,394.60.
Geopolitical concerns intensified after reports indicated Israel was preparing for potential military action against Iran if nuclear negotiations with the U.S. falter. U.S. President Donald Trump confirmed the evacuation of personnel from Iraq and nearby regions, heightening fears of conflict. Iran responded with threats to target U.S. bases if provoked, deepening investor anxiety. These developments fueled strong demand for gold and other precious metals, traditionally viewed as safe-haven assets.
Uncertainty surrounding U.S.-China trade talks further boosted gold’s appeal. Despite some progress being reported, a lack of concrete details kept investors on edge. Trump's announcement that he will soon send letters outlining tariff plans to key global partners—dimming hopes for broader trade agreements—also rattled markets. Currently, only a finalized deal with the UK and a framework with China have been disclosed.
A weakening dollar supported gains across metals. Platinum futures rose 0.8% to $1,251.65, a four-year high, while silver gained 0.7% to $36.515, hovering near a 13-year peak. Copper also advanced, with London futures up 0.5% to $9,699.70 per ton and U.S. copper up 0.4% to $4.8242 per pound.
However, Goldman Sachs warned platinum’s rally might be short-lived, projecting a retreat into the $800–$1,150 range due to weaker Chinese demand, declining automotive usage amid EV growth, and rising output from South Africa. Despite a 37.3% year-to-date gain, platinum's sustainability remains in question as market fundamentals shift.
