ट्रेडिंग न्यूज़

Spot Gold set a weekly low of $3,366.25 on Tuesday, bouncing from the level yet in the American session.

United States (US) President Donald Trump is on the wires claiming the US has control of the skies over Iran through his social media platform, Truth Social.

The Japanese Yen (JPY) is weakening against the US Dollar (USD) for the third consecutive day on Tuesday, as the Greenback remained firm amid lingering Middle East tensions and the Bank of Japan's (BoJ) status quo policy stance.

The pair is falling back toward 0.6500 on Tuesday as traders digest mixed US Retail Sales data, monitor rising geopolitical tensions, and prepare for Wednesday's Federal Reserve (Fed) policy decision and Summary of Economic Projections.

European Commission President Ursula von der Leyen said on Tuesday that trade talks between the European Union (EU) and the United States (US) are complex but added that they are advancing.

The GBP/USD tumbled below the 1.3500 figure for the first time in the week, down over 0.39%, as tensions in the Middle East remained high, with news sources revealing that the United States (US) is weighing whether to join Israel in its confrontation with Iran.

European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Tuesday that they are in a good position on interest rate policy but noted that there is now more uncertainty following the Iran-Israel conflict.

The Euro (EUR) weakens against the US Dollar (USD) on Tuesday, with the EUR/USD pair treading water as traders digest a steady Greenback despite disappointing Retail Sales data and ongoing geopolitical tensions stemming from the Iran-Israel conflict.

The Canadian Dollar (CAD) is holding its ground against the US Dollar (USD) on Tuesday, with USD/CAD moving sideways near 1.3575.

United States Business Inventories in line with expectations (0%) in April

United States NAHB Housing Market Index below forecasts (36) in June: Actual (32)

Industrial Production in the United States (US) contracted by 0.2% on a monthly basis in May, the data published by the Federal Reserve showed on Tuesday. This reading followed the 0.1% growth recorded in April and came in worse than the market expectation for an expansion of 0.1%.

United States Capacity Utilization below expectations (77.7%) in May: Actual (77.4%)

United States Industrial Production (MoM) came in at -0.2%, below expectations (0.1%) in May

The Indian Rupee (INR) weakens against the US Dollar (USD) on Tuesday, giving up Monday’s modest rebound as heightened geopolitical tensions in the Middle East, stronger Crude Oil prices, and a resilient Greenback dampen sentiment ahead of the Federal Reserve’s (Fed) key interest rate decision.

United States Redbook Index (YoY) rose from previous 4.7% to 5.2% in June 13

Retail Sales in the United States (US) declined by 0.9% in May to $715.4 billion, the US Census Bureau announced on Tuesday. This reading followed the 1.5% decrease (revised from +0.1%) recorded in April and came in worse than the market expectation for a contraction of 0.7%.

Canada Canadian Portfolio Investment in Foreign Securities fell from previous $15.63B to $4.1B in April

United States Import Price Index (YoY) climbed from previous 0.1% to 0.2% in May

United States Import Price Index (MoM) above expectations (-0.2%) in May: Actual (0%)