Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
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Elon Musk is remaking the world, like Henry Ford before him – but more dangerously 
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 
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In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
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State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
Buy the Dip: Gold Holds Strong at $3980, Targets $4150 
Not many economic dockets scheduled for today, however risk associated are high.
Data released so far -
- Germany - GFK consumer confidence came at 10.1, lower than prior 10.2
Upcoming -
- Euro zone - Euro group finance ministers and leaders are holding meeting to reach a resolution point prior to looming deadline on June 30th.
- US - Lot of economic dockets are scheduled for release today. Initial jobless claims at 12:30 GMT, along with personal consumption, spending and inflation. Focus is on expenditure, as it would be key driver for US growth. Preliminary reading on Markit services PMI is scheduled at 13:45 GMT. Prior was 56.2, median expectation is 56.7. Kansas FED manufacturing detail to be released at 15:00 GMT.
- New Zealand - Trade balance for May to be released at 22:45 GMT.
- Japan - Japan will release consumer price inflation and unemployment rate at 23:30 GMT.
- Auctions - US will auction 7 year note at 17:00 GMT.
