Trading news
May 4, 2026
Gold declines as hawkish interest rate outlook and firm US Dollar weigh
Gold (XAU/USDS) kicks off the week under pressure, hovering near one-month lows as hawkish interest rate expectations continue to weigh on the non-yielding metal amid ongoing tensions in the Middle East. At the time of writing, XAU/USD is trading around $4,560, down nearly 1.10% on the day.
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May 4, 2026
Euro area: Weak confidence clouds activity outlook – Societe Generale
Societe Generale economists note that firm and consumer confidence fell more than expected in April, with Commission indices at multi‑year lows. Despite slightly positive 1Q Gross Domestic Product (GDP), domestic demand appears subdued and credit conditions are tightening.
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