The real gold trade has begun

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After peaking above $5,000/oz earlier this year, gold is now hovering around $4,500, well off its January highs and stuck in a volatile range as investors try to handicap Middle East tensions, oil shocks, inflation data, and the next Fed move.

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Tech rebounds and oil pares overnight gains as Trump pushes de-escalation - Newsquawk US Market Wrap

Israel & Iran trade weekend strikes; Israel & Iran signal end to strikes on each other following Trump pressure; US tells Israel to hold off for a few days to allow space for a deal; Israel to continue operations in Lebanon; NY Fed SCE sees inflation expectations little changed; OPEC+ agreed to another modest output quota increase of 188k bpd for July; NVDA & SK Hynix announce partnership; GOOG & NVDA are reportedly looking at INTC as a secondary manufacturing partner; AAPL unveils Siri AI

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