Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
Smartphones are helping filmmakers tell the stories the movie industry overlooks 
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 
Elon Musk is remaking the world, like Henry Ford before him – but more dangerously 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
Alcohol is one of the most dangerous drugs, yet its presence is ubiquitous in social settings and celebrations 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 
Not many economic dockets scheduled for today with moderate to high risk associated.
Data released so far -
- Australia - unemployment rate dropped to 6%, with 42,000 added to payroll in May. Consumer inflation expectation dropped to 3% in June from 3.6% in May.
Upcoming -
- China - China will release industrial production, urban investment and retail sales data for month of May at 5:30 GMT.
- France - CPI inflation is scheduled at 5:30 GMT. Prior was 0.1% y/y, expected 0.3%. Current account balance for April is scheduled at 5:45 GMT.
- Greece - Greece will declare unemployment details at 9:00 GMT.
Previous rate was 26.1%. - Portugal - CPI for May will be released today. Prior 0.4% y/y, today 0.6%
- US - Initial jobless claims data is scheduled at 12:30 GMT, along with retail sales. In April sales didn't grow on monthly basis, today it is expected that growth will hit 1.1% m/m in May. Terms of trade will be released at 13:30 GMT. EIA will declare natural gas inventory at 14:30 GMT.
- Canada - New house prices growth will be released at 12:30 GMT.
- New Zealand - Business PMI for April is scheduled at 22:30 GMT.
- Auctions - Spain will auction 3 year and 5 year bind today. UK and US will be auctioning 30 year bond.
