Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
Silver Cracks Key 365-Day EMA for First Time Since Feb 2024; Bears Eye $50 on Rallies 
AI Memory Boom Sparks Global Chip Supply Crunch 
How Donald Trump has changed the way diplomacy is done 
How AI prompting turned writerly description into an everyday skill 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict? 
Not many economic dockets scheduled for today with moderate to high risk associated.
Data released so far -
- Australia - unemployment rate dropped to 6%, with 42,000 added to payroll in May. Consumer inflation expectation dropped to 3% in June from 3.6% in May.
Upcoming -
- China - China will release industrial production, urban investment and retail sales data for month of May at 5:30 GMT.
- France - CPI inflation is scheduled at 5:30 GMT. Prior was 0.1% y/y, expected 0.3%. Current account balance for April is scheduled at 5:45 GMT.
- Greece - Greece will declare unemployment details at 9:00 GMT.
Previous rate was 26.1%. - Portugal - CPI for May will be released today. Prior 0.4% y/y, today 0.6%
- US - Initial jobless claims data is scheduled at 12:30 GMT, along with retail sales. In April sales didn't grow on monthly basis, today it is expected that growth will hit 1.1% m/m in May. Terms of trade will be released at 13:30 GMT. EIA will declare natural gas inventory at 14:30 GMT.
- Canada - New house prices growth will be released at 12:30 GMT.
- New Zealand - Business PMI for April is scheduled at 22:30 GMT.
- Auctions - Spain will auction 3 year and 5 year bind today. UK and US will be auctioning 30 year bond.
