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Gold and Silver Form Bull Flags While HK Backs Yuan

Market Rundown |

Housekeeping: Good Morning


Featured Analysis:

Hong Kong to Boost Offshore Yuan Liquidity, Back RMB Internationalization

·
Jul 7
Hong Kong to Boost Offshore Yuan Liquidity, Back RMB Internationalization

Hong Kong says it will improve offshore yuan liquidity and financial infrastructure after Chief Executive John Lee met PBOC Governor Pan Gongsheng. The move reinforces Hong Kong’s role as the leading offshore RMB hub, while pointing to China’s broader strategy: internationalizing the yuan through deeper collateral channels, with gold as the strategic anchor.


In Other News:


Data on Deck: FOMC

MONDAY, JULY 6

  • No major US releases

TUESDAY, JULY 7

  • 10a ISM Non-Manufacturing PMI (prev 54.5 → est 54.2)

WEDNESDAY, JULY 8

  • 8:30a Trade Balance (prev -55.90B → est -78.50B)

THURSDAY, JULY 9

  • 2p FOMC Meeting Minutes

FRIDAY, JULY 10

  • 10a Existing Home Sales (prev 4.17M → est 4.20M)

  • 1:30p Fed Logan Speaks


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·
Mar 15
GoldFix Members: Exclusive Bullion Pricing Now Available

GoldFix has partnered with Battalion Metals to give our community direct access to institutional-grade physical bullion at exclusive member pricing. Through this partnership, GoldFix members can purchase gold and silver products at pricing typically about 100 basis points below prevailing dealer rates,

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