-
The Asian session is unfolding calmly, with no major data releases and narrow trading ranges in both currency and equity markets. Movements in stock indices are limited to +/-0.50%.
-
U.S. Commerce Secretary Lutnick suggested that a 90-day extension of the tariff truce with China is highly likely. Talks began Monday in Stockholm and are expected to continue Tuesday.
-
Trump blocked a transit stopover in New York by Taiwan’s president to avoid antagonizing China — signaling a desire to maintain diplomatic balance with Beijing.
-
Nvidia has ordered 300,000 H20 chips from TSMC to meet strong demand from China. However, the U.S. Commerce Department has not yet approved the necessary export licenses.
-
A former Bank of Japan policymaker said further rate hikes are needed to align inflation forecasts with economic realities. Rising food prices could push inflation expectations above the BoJ’s target.
-
The U.S. Treasury Department announced it will borrow $1.007 trillion in Q3 — significantly more than the $554 billion forecast in April. The extended debt ceiling allows for greater issuance, particularly of Treasury bills.
-
Fidelity International forecasts that gold prices could rise to $4,000 per ounce by the end of 2026, supported by Fed policy easing, a weaker dollar, and strong central bank demand.
-
Morgan Stanley predicts the US500 index will rise to 7,200 points, driven by improved margins and profit growth. Key drivers include AI adoption, a weaker dollar, and tax benefits from Trump’s “One Big Beautiful Bill” plan.
-
Trump has shortened his Ukraine peace ultimatum from 50 to 12 days, expressing frustration over the lack of progress. Along with UK Prime Minister Starmer, he reiterated threats of 100% tariffs and secondary sanctions, targeting countries still trading with Russia — including China and India.
-
Ray Dalio suggested that long-term portfolios should include 15% exposure to gold or Bitcoin. While he prefers gold, he supports both assets as hedges against currency devaluation and fiscal instability.
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
