Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes

Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes
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Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes
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Chinese authorities have vowed to enhance support for exporters affected by the tariffs imposed by U.S. President Trump. In a briefing held on Monday, Beijing announced a series of strategies designed to assist exporters facing challenges, which include ensuring access to financial loans and enhancing domestic consumption to mitigate the impact of U.S. tariffs. This…
COT | Data | Leaders | What is COT? | Excel | COT Dashboard Here are the latest links to our coverage of the Commitment of Traders data changes. Data updated through June 24th. The COT currency market speculator bets were overall lower this week as four out of the eleven currency markets we cover…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
GBP/USD surges as weak US data fuels Fed rate-cut bets The Pound Sterling (GBP) extended its gains versus the US Dollar (USD) on Wednesday, as market participants punished the latter. Market participants priced in additional monetary policy easing by the Federal Reserve (Fed). United States (US) data shows the economy is weakening, with businesses and consumers turning…
As the XAU/USD chart shows, gold prices today dropped below the 3 March low, reaching levels last seen in the third week of February. Why Is Gold Declining Despite the War? Geopolitical turmoil typically supports demand for gold as a safe-haven asset. However, in the current environment — with the Middle East conflict now lasting…
As the AUD/USD chart indicates, the Australian dollar is showing weakness against the US dollar at the start of the week. Notably, we are seeing a bearish breakout below the lower boundary of an important ascending channel that had been in place since December 2025. Among the key bearish factors: → increased demand for the…