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Investors are reconsidering interest rates, leading to a decline in gold prices and XAU/USD

Gold dips amid Fed policy uncertainty; traders eye $3,200 support as price tests bullish pennant range.

OPEC maintains its oil demand growth forecasts while adjusting US supply projections and investment expectations

OPEC maintains demand forecasts; US-China trade deal supports stability; non-OPEC supply, investment expectations decline.

Philip Jefferson, Vice Chair of the Federal Reserve, warned that import tariffs may elevate inflation

Inflation progress noted, but tariffs introduce uncertainty; policy rate seen appropriate amid strong labor market and slowing growth.

Chancellor Merz emphasised Germany’s dedication to preventing extended trade disputes with the United States and promoting EU agreements.

Germany seeks to avoid US trade conflict, reduce China dependencies, and support wider EU trade agreements.

Due to widespread US Dollar weakness, GBP/USD surged nearly 1%, reaching a weekly peak of 1.3350

GBP/USD climbs near 1.3350 as US Dollar weakens on lower inflation and positive UK economic outlook.

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