Lower high structure holds, bear’s eye $55.00

Lower high structure holds, bear’s eye .00

Silver price retreats on Friday during the North American session, edging down by 0.54%, weighed by high US Treasury yields and a sudden shift in market sentiment, after US President Trump revealed that the ceasefire is “over.” At the time of writing, the XAG/USD trades at $59.66. XAG/USD Price Forecast: Technical Outlook Silver is downward […]

Resilient GDP and strong NODX – DBS

Resilient GDP and strong NODX – DBS

DBS economists Radhika Rao and Mo Ji forecast Singapore’s advance 2Q26 Gross Domestic Product (GDP) growth at 5.8% year-on-year and 1.5% quarter-on-quarter seasonally adjusted, slightly below 1Q26 but still resilient. They cite strong manufacturing and wholesale trade on AI-related electronics demand, robust modern services and construction, and expect non-oil domestic exports to post a fourth […]

Reflation gap weighs against US Dollar – Commerzbank

Reflation gap weighs against US Dollar – Commerzbank

Commerzbank analysts highlight that China’s June Consumer Price Index (CPI) slowed to 1.0% year-on-year while Producer Price Index (PPI) rose 4.1%, widening the PPI-CPI gap and squeezing downstream margins. The PBoC acknowledged “structural divergence” between high-tech strength and weak consumption. Despite this backdrop, USD/CNY and USD/CNH both fell, reflecting some currency strength even as domestic […]