Gold News: Will Fiscal Turmoil and Tariffs Spark Another Wave of Aggressive Gold Buying?

Is gold set for another surge? Traders eye $3,435 and beyond as inflation fears, tariffs, and fiscal instability drive bullish momentum.

Date: 25.05.2025 | Source: fxempire.com

IRANIAN FOREIGN MINISTER WARNS OF FORCEFUL RESPONSE IF EUROPEAN SANCTIONS REIMPOSED

The Iranian Foreign Minister has stated that Iran will respond strongly if Europe reimposes sanctions on the country. This announcement heightens geopolitical tensions that could impact international trade and currency markets.

Date: 25.05.2025 | Source: FOR-EX.NEWS

IRAN WARNS OF FORCEFUL RESPONSE IF EUROPEAN SANCTIONS REIMPOSED

The Iranian Foreign Minister has stated that Iran will respond forcefully if European sanctions are reimposed. This statement highlights rising tensions between Iran and Europe amid potential economic measures.

Date: 25.05.2025 | Source: FOR-EX.NEWS

GERMAN FINANCE MINISTER URGES RESTRAINT IN EU-US TRADE DISPUTE

German Finance Minister Lars Klingbeil called for restraint amid the escalating trade tensions between the European Union and the United States, emphasizing the need to avoid further economic conflict. His remarks highlight concerns over potential impacts on transatlantic economic relations.

Date: 25.05.2025 | Source: FOR-EX.NEWS

EU CALLS FOR STRONG INTERNATIONAL PRESSURE ON PUTIN TO STOP THE WAR

European Union leader Kallas urges the international community to increase diplomatic and economic pressure on Putin to end the ongoing conflict. The call highlights the EU's stance on seeking a resolution to the war through coordinated global efforts.

Date: 25.05.2025 | Source: FOR-EX.NEWS

CHINA'S RISING NATURAL GAS OUTPUT SLOWS LNG IMPORTS, PRESSURING REGIONAL PRICES

China's increasing natural gas production and pipeline supplies are reducing its liquefied natural gas (LNG) imports this year, leading to capped prices in the Asia-Pacific region. Despite this short-term trend, industry leaders anticipate long-term growth in LNG demand from China's industrial and power sectors.

Date: 25.05.2025 | Source: FOR-EX.NEWS

JAPAN AND U.S. SCHEDULE FOR NEXT TARIFF TALKS STILL PENDING

Japan's top tariff negotiator Ryosei Akazawa announced that the schedule for the upcoming round of Japan-U.S. trade talks is still being arranged. He also expressed hope to meet with U.S. Treasury Secretary Scott Bessent during his next visit.

Date: 25.05.2025 | Source: FOR-EX.NEWS

Why China's yuan needs Hong Kong to reach new international heights

Doubts about the dollar's supremacy present a unique opportunity to accelerate the yuan's internationalisation.

Date: 25.05.2025 | Source: South China Morning Post

Trump's next 100 days

Predicting President Donald Trump's next moves is a fool's errand. Two FT columnists try anyway ...

Date: 25.05.2025 | Source: Financial Times

Hong Kong homebuyers flock to latest Sierra Sea units as mortgage rates ease

The temporary truce in the tariff wars between the US and China also helped improve sentiment in the property market, according to agents.

Date: 25.05.2025 | Source: South China Morning Post

Quotes

Instrument Price Change (%)
EURUSD 1.136870 +0.73816%
GBPUSD 1.352830 +0.81278%
USDJPY 142.564680 -1.0105%
XAUUSD 3359.749290 +1.96322%
USDCAD 1.373630 -0.90657%
NZDUSD 0.598610 +1.44083%
USDCHF 0.821110 -0.84215%
AUDUSD 0.649420 +1.26436%
EURGBP 0.840370 -0.024267%
EURJPY 162.077680 -0.24761%
GBPJPY 192.865580 -0.20409%
AUDJPY 92.584640 +0.27253%
CADJPY 103.786580 -0.099548%
CHFJPY 173.625120 -0.18292%
NZDJPY 85.340960 +0.3695%
GBPCHF 1.110820 -0.15984%
EURCHF 0.933490 -0.19102%
USDMXN 19.241150 -0.31006%
USDZAR 17.829460 -1.03927%
USDTRY 39.025630 +0.044553%
USDRUB 79.534390 -0.01962%
USDSEK 9.532840 -1.04663%
USDCNY 7.179800 -0.32484%

Upcoming Important Events

Time Country Event Forecast Previous
25.05.2025
18:40 🇺🇸 Fed Chair Powell Speech
27.05.2025
06:00 🇩🇪 Consumer Confidence (Jun) -19.7 -20.6
06:45 🇫🇷 Inflation Rate YoY (May) 1 0.8
08:00 Bank Austria Manufacturing PMI (May) 48.5 46.6
12:30 🇺🇸 Durable Goods Orders ex Defense MoM (Apr) -8.1 8.9
12:30 🇺🇸 Durable Goods Orders Ex Transp MoM (Apr) -0.2 -0.4
12:30 🇺🇸 Durable Goods Orders MoM (Apr) -8 7.5
28.05.2025
01:30 🇦🇺 Monthly CPI Indicator (Apr) 2.3 2.4
07:55 🇩🇪 Employment Change (May) 10 4
07:55 🇩🇪 Unemployment Rate (May) 6.3 6.3