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Gold Dips as Calm Undermines Safe-Haven Demand
Rising risk appetite trims bullion’s shine despite dovish Fed outlook and cross-border uncertainty. – vtmarkets.com
The leaders of Canada and Mexico aim to reinforce their economies to better withstand future disruptions
Carney and Sheinbaum emphasized strengthening economic resilience, reflecting on trade disruptions and reinforcing the USMCA framework.
Japan’s Economy Minister Akazawa stated the government will persist in seeking a review of US tariffs
Japan seeks US tariff review, offers business support, while Yen strengthens from policy shifts and safe haven demand.
A Reuters poll indicates RBA may reduce cash rate to 3.85%, with further cuts anticipated
Most economists expect RBA to cut rates, with forecasts seeing further reductions through 2025 amid economic softness.
The annualised GDP for Japan decreased by 0.7%, falling short of the predicted 0.2%
