Gold slipped below $3,390 as easing trade fears, including a likely EU-US tariff deal, reduced safe-haven demand. Attention shifts to US-China talks and the upcoming Fed decision.
Bitcoin edged up to $119,025, up 10.79% in four weeks and 81.28% year-on-year. Forecasts project a decline to $111,549 this quarter and $94,314 over the next year.
The yen hit a three-week high on trade optimism and BOJ tightening prospects. Gains may be limited by weak data and political uncertainty. Markets await US PMI data.
Brent rose toward $69 as a drop in US inventories and trade deal hopes improved the demand outlook. Next week’s US-China talks may address oil flows and tariff extensions.
The Nasdaq closed at 23,247, up 0.43%. Despite recent gains, models project a fall to 22,447 this quarter and to 20,690 within a year.
The yuan firmed past 7.14, its strongest since November, as US-China trade talks resume next week in Stockholm. Trump hinted at a visit to China, which supported sentiment.
Please take a look at the file below for a more detailed analysis.