Stable at $4,700 as markets await news from Trump-Xi meeting

Stable at ,700 as markets await news from Trump-Xi meeting

Gold (XAU/USD) is trading flat on a particularly calm market session on Thursday, with investors awaiting developments from a two-day summit between US President Donald Trump and his Chinese counterpart, Xi Jinping, in Beijing. Safe-haven flows triggered by the uncertainty about the ceasefire in Iran and higher US Treasury yields, following hot US inflation figures […]

Euro holds gains against Japanese Yen amid hawkish ECB rate outlook

Euro holds gains against Japanese Yen amid hawkish ECB rate outlook

The EUR/JPY cross posts modest gains around 184.90 during the early European session on Thursday. The Euro (EUR) strengthens against the Japanese Yen (JPY) amid hawkish signals by European Central Bank (ECB) officials. The majority of economists from the Reuters poll, around 85%, indicated that the ECB would raise its deposit rate by 25 basis […]