Money Street News


Peter McGuire, CEO-Australia at Trading.com, notes that the U.S. dollar remains under close watch, with 97.5 seen as a key level. He expects bond yields to rise, possibly reaching around 4.47%. Gold prices could surge to $3,600–3,700 in the third quarter, while oil prices may ease due to higher production levels. He highlights that OPEC’s rhetoric and compliance will play a significant role. Additionally, upcoming data on inflation, GDP, and non-farm payrolls will be key drivers of market direction. Read more



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