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China Gross Domestic Product (QoQ) came in at 0.7%, below expectations (1.1%) in 2Q

China’s NBS: Economy recovery foundation still needs to be consolidated

Following the publication of the high-impact China’s growth and activity data for May, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday.
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Gold price remains depressed amid modest USD strength, holds above $2,400 mark

Gold price (XAU/USD) struggles to capitalize on Friday's goodish rebound from the $2,391 area and kicks off the new week on a weaker note.
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