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Gold well supported, expect it to test US$3500
US Com Sec Lutnick says again on tariffs that 10 is baseline, no one’s going below 10
US Treasury confirm that Sec. Bessent met with Japan finance minister Kato
Trade ideas thread – Thursday, 22 May, insightful charts, technical analysis, ideas
Economic calendar Asia Thursday, May 22, 2025 – May preliminary PMIs from Australia, Japan
Crude oil futures settle at $61.57
US House Majority Leader Scalise. House will vote on tax bill today
US treasury to auction $16B of 20 year bonds at the top of the hour
US Treasury auctions off $16B of 20-year bonds at a high yield of 5.047%
US stocks tumble. Yields start to weigh on the equities
EIA US weekly oil inventories +1328K vs -1277K expected
Nasdaq erases declines. Index trades in positive territory.
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