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 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Trump has made more than $1 billion from crypto in a year. How? 
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 
Vietnam’s population hit the 100 million milestone. Where’s it headed? 
Alcohol is one of the most dangerous drugs, yet its presence is ubiquitous in social settings and celebrations 
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
The Bank of England (BOE) has so far shrugged of any concern over falling inflation and has maintained the policy action stable.
Noteworthy data & events-
- Mark Carney expressed that the disinflation mainly due to oil and no intention to chase it.
- 2 hawkish members have returned to neutral in recent past.
- Over weekend, MPC member Martin Weale, a previous hawk expressed his desire for rate hike.
- UK inflation showed further deceleration at -0.9% mom.
- Business Leaders Survey showed better mood in industries.
- Today's retail sales fell -0.3% mom, but still growing at 5.4% YoY basis. Noteworthy that sales excluding fuel fell -0.7%.
- MPC member Ian McCafferty expressed his concern over economy and openness to policy easing.
Over these developments, further data & policy debate to remain mixed and the pound to continue the current range with bullish bias due to safer haven flows. Support is at 1.53 and 1.52 area whereas resistance around 1.547 and important 1.557.
