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Citi 0 – 3 month price target for gold back to $3,500/oz
ForexLive Asia-Pacific FX news wrap: Trump delays 50% EU tariff date from June 1 to July 9
US Senator says there are enough NO votes to block Trump’s “One Big, Beautiful Bill”
China criticises Australia’s effort to return Darwin port to local ownership
China property: Country Garden seeks extension for US$14.1 billion debt overhaul
USD appears friendless in Asia trade (except for the PBoC propping it up!)
Trump’s tariff threat then backdown cycle – market sees “boy who cried wolf”
Reminder – UK and US holidays today, Monday, May 26, 2025 – markets closed
Weekend – Japan PM aims for a trade deal with US by mid-June
Update – Iran and US wrapped up a fifth round of nuclear talks – “constructive”
Trump agreed to extend EU tariff deadline to July 9, usd/yen pops, EUR a little pop too
Trump says had some good talks with Iran, says had some real progress
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