Scope Markets

JUST IN: Gold extends losses today, though price action remains rangebound with downside pressure capped above the $4,500 mark. 👀 Volatility stays muted on Friday as markets await further developments in the US-Iran conflict before taking fresh positions. *Not an investment advice. Trading carries risk.

📊 Markets on Friday: A relatively calm trading week wraps up today, with markets focused on a limited slate of low-volatility events, including Canadian Retail Sales and the US Michigan Consumer Sentiment report for May. 🗞 Stay tuned for live news coverage during the day! *Not an investment advice. Trading carries risk.

UPDATE: 📈 NASDAQ is hovering near all-time highs as SpaceX filed for an IPO, and OpenAI is expected to do so as early as Friday, sentiment continues to be bullish due to Iran negotiations. *Not an investment advice. Trading carries risk.

JUST IN: The Australian dollar is under pressure on Thursday, down 0.5% as jobs cuts emerge and unemployment reverses higher in Australia amid recent rate hikes. *Not an investment advice. Trading carries risk.

📊 Markets on Thursday: Markets are set for a positive day following yesterday’s Nvidia earnings beat, which helped support broader equity sentiment. 👀 Focus today shifts to UK PMI data and US housing figures. 🗞 Stay tuned for live news coverage during the day! *Not an investment advice. Trading carries risk.

🤔With S&P500 holding ground around 29,000 points, what do you expect next?

JUST IN: Gold remains under pressure, trading near $4,500—its lowest since March 30. 👀 A stronger USD, driven by hawkish Fed expectations and inflation fears, continues to weigh on the metal as skepticism grows regarding a potential US-Iran peace deal. *Not an investment advice. Trading carries risk.

📊 Markets on Wednesday: 🇪🇺 The European session saw the release of UK data showing that the annual inflation rate eased to 2.8% in April. 👀 Looking ahead, markets are focused on the upcoming FOMC meeting minutes, along with speeches from Federal Reserve officials. 🗞 Stay tuned for live news coverage during the day! *Not an investment advice. Trading carries risk.

🤔Will Trump announce a new attack against Iran before the end of May?

JUST IN: 🛢Oil is pressured higher once more after conflicting headlines on Monday provided another buying opportunity for the bulls who remain in control. 🔑 $110 is key for further upside, as barrels remain stuck at sea in the Persian Gulf. *Not an investment advice. Trading carries risk.

📊 Markets on Tuesday: 🇯🇵 Overnight data from the Asian session showed Japan’s Q1 GDP growth rate accelerating to 0.5%. 👀 Meanwhile, the UK unemployment rate edged higher to 5%. Markets are now turning their attention to Canada’s inflation data due later today 🗞 Stay tuned for live news coverage during the day! *Not an investment advice. Trading carries risk.

UPDATE: ✨ #Gold struggles to build on a rebound from Monday’s low, its weakest since March 30, and remains capped below $4,550 in today's session. Persistent geopolitical risks, firmer oil prices, and Fed bets continue to support the #USD and weigh on bullion. *Not an investment advice. Trading carries risk.

📊 Markets on Monday: 🌎 A light start to the week on the economic calendar, with only a few speeches scheduled from BoE and Fed officials. 👀 Markets will remain focused on developments and headlines coming out of the Middle East. 🗞 Stay tuned for live news coverage during the day! *Not an investment advice. Trading carries risk.

📈 Markets face another tense week as traders weigh Iran uncertainty, rising inflation pressures, and UK CPI data. Could gilt yields and borrowing costs surge again? Chief Market Analyst @JoshuaMahony breaks down key themes plus Brent crude & EUR/GBP setups ▶️ scopemarkets.short.gy/wa8

📅 Mark Your Calendar for These Game-Changing News Events! - #MarketCalendar

JUST IN: #Gold fell for a fourth straight session, nearing $4,560 as the US Dollar strengthened on expectations of a more hawkish Fed after firm US inflation and Retail Sales data. 👀 Meanwhile, elevated Oil prices amid US-Iran tensions continue to add uncertainty. *Not an investment advice. Trading carries risk. #goldpricetoday

📊 Markets on Friday: 🇳🇿 Asian markets saw the New Zealand’s Business NZ PMI, which slowed to 50.5 from 52.8. 🗣️ #Trump wrapped up his China visit, calling the talks “very successful.” 👀 Focus now shifts to the US Empire State Manufacturing Index and Industrial Production data later today. *Not an investment advice. Trading carries risk.

UPDATE: #Oil is tanking lower into the NY open of futures trading as Xi comments the rejuvenation of China and making America great again can go hand in hand. Rubio also stated to NBC that Trump and Xi found common ground on Iran 🇮🇷 *Not an investment advice. Trading carries risk.

JUST IN: #Gold rebounds toward $4,700 in early European trade Thursday after dipping near $4,670 in Asia. Bullion attracts fresh buying despite a softer US Dollar after Trump-Xi talks concluded. 👀 Focus now shifts to the US April Retail Sales report. *Not an investment advice. Trading carries risk. #goldpricetoday

📊 Markets on Thursday: Markets remain focused on developments of the Trump-Xi summit after Xi Jinping warned that mishandling the Taiwan issue could trigger conflict and push US-China relations into “a very dangerous place.” 🇬🇧 Meanwhile, UK Q1 GDP showed modest improvement, with markets now turning to US data, particularly jobless claims and export/import prices. *Not an investment advice. Trading carries risk.