The spot gold price remained barely changed at $2,323.74 per ounce. Prices rose by more than 4% in the second quarter. Gold futures fell 0.3% to $2,333.
If June was the month of market euphoria, July is likely to be a month of budget expectations
Here are some of the stocks that may see significant price movement today.
Lower core inflation helped the headline PCE inflation edge lower, but last mile remains tough
Coal, electricity, steel, and natural gas continue to drive the core sector growth in FY25
The big news in the week was that the positive CAD finally led to the bottoming of the Indian rupee
Brent crude prices increased 16 cents, or 0.2%, to $85.16 per barrel at 0032 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or 0.2%, to $81.71 per barrel.
The last week of June 2024 clearly belonged to the large cap indices with the small caps trailing the big brothers
During this period, clients/members can only reduce their positions in the derivative contracts of these securities through offsetting trades.
According to the CME FedWatch tool, the market now expects a 63% chance of a Fed cut in September, up from an even chance a month earlier.

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