Gold Silver Reports ✔ – President Donald Trump – It’s me right now that’s holding up the deal,” Trump said at the White House before he left on a trip to Iowa. “And we’re going to either do a great deal with China or we’re not going to do a deal at all.”
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Trump – Attack Via Tweets Comes Week Before Fed Meets on Policy
Gold Silver Reports (GSR) – “The Fed interest rate way too high, added to ridiculous quantitative tightening! They don’t have a clue!” Trump said on Twitter, renewing his complaints about the U.S. central bank a week before it meets in Washington to discuss monetary policy.
Labour Market Overview, UK: June 2019
The UK employment rate was estimated at 76.1%, higher than a year earlier (75.6%) and the joint-highest on record.
Fed Rate Way too High – Donald J. Trump ✔
The Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage. Fed rate way too high
Gold Futures Prices Zoom as a Report That Showed Much Weaker-Than-Expected U.S. Jobs Growth in May
Gold futures prices zoom on Friday as a report that showed much weaker-than-expected U.S. jobs growth in May month contributed to declines in the dollar and Treasury yields.
Monetary Policy Decisions – Gold Silver Reports (GSR)
The Governing Council of the European Central Bank (ECB) took the following monetary policy decisions:
(1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.