Severe explosions reported in Abu Dhabi, UAE, Tasnim reports
The reports of severe explosions in Abu Dhabi could signify heightened geopolitical tensions in the region.
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Severe explosions reported in Abu Dhabi, UAE, Tasnim reports
Russia imposes ban on gasoline exports for producers until the end of July, IFX reports
[MARKET UPDATE] Spot gold continues to falter after Trump's address, within reach of USD 4550/oz vs a USD 4800/oz overnight high; lower by c. USD 200/oz on the day.
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This development may impact oil prices and attract safe-haven flows into assets like gold or the JPY, depending on how the situation evolves. Traders should monitor for further details, as sustained unrest could lead to shifts in market sentiment.
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