JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
Trump has made more than $1 billion from crypto in a year. How? 
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
Vietnam’s population hit the 100 million milestone. Where’s it headed? 
This week's data from Spain, Europe's fourth largest economy provided further evidence that economy is gathering pace with recovery in employment.
- Today's employment statistics indicated that in April another 118,900 people joined payroll. This gain is highest since July last year and surpassed average estimate of 64,000 gains.
- Monday Markit economics released its PMI report that showed Growth was slower compared to prior but PMI still stands at 54, second highest in Euro zone only second to Ireland.
- Underlying trend indicates that domestic demand is picking up as well as export orders driven by weaker Euro.
Spanish benchmark stock index IBEX (ESP35) is currently trading around 11380 level, far from its pre 2008 crisis high.
Possibilities are high that recovery in Euro area and Spain would lead stocks to pre-crisis level. IBEX is rising with solid trend line support since 2012, Euro zone crisis low. Long term trades are recommended.
Key supports to consider 11200, 10800, 10400.
