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| Gold V.1.3.1 signal Telegram Channel (English) |
Stock Market Today: The Dow Jones index rose Friday amid U.S.-Iran deal hopes. Dell stock rocketed 34% on earnings.
Shares of the computing giant turned AI infrastructure play soared nearly 40% in premarket trading on Friday following a blowout quarter and a big-time guidance raise.
Statistics Canada says economic growth stalled in the first quarter and real gross domestic product was slightly negative on an annualized basis. Source: bnnbloomberg.ca
The U.S. faces some challenges in reducing its dependence on China given Beijing’s dominance in critical minerals and electronics manufacturing. Source: detroitnews.com
Fed governor Michelle Bowman said reacting to temporarily elevated energy-price inflation would add unwarranted policy restraint, weighing unnecessarily on economic activity and labor-market conditions. Source: wsj.com
The European Union’s six largest economies have agreed on a plan to implement a bloc-wide capital markets union, reaching a collective stance they say will help spur the continent to action after years of delay. Source: bloomberg.com
The EUR/USD pair trades subduedly at around 1.1640 during the European trading session on Friday.
It is not clear that a ceasefire extension is at hand. Still, oil prices are lower and equities are mostly firmer. The dollar is mixed against the G10 currencies and mostly in narrow ranges.
Consolidation above congestion support at 1.3400 has given way to a push higher to resistance at 1.3450
WTI crude oil extends its May 2026 selloff as easing US-Iran tensions weaken geopolitical risk premium. Technical analysis signals further downside risks below key moving averages.
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| Gold V.1.3.1 signal Telegram Channel (English) |