Key events: UK - GDP (YoY) (Q1) UK - GDP (QoQ) (Q1) Eurozone - CPI (YoY) (Jun)    USA - Core PCE Price Index (MoM) (May)     On Thursday, US stock indices experienced slight gains as bank shares surged following the Federal Reserve's positive outcome of the annual stress test. Additionally, robust economic data fueled expectations of further interest rate hikes by the central bank.

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Key events:         Canada – GDP (MoM) (Mar)   Eurozone – ECB President Lagarde Speaks      USA – JOLTs Job Openings (Apr) Tuesday's closing session on Wall Street saw a mixed performance among stocks. Concerns emerged due to certain US lawmakers opposing a deal to raise the debt ceiling, which amounted to $31.4 trillion. However, the market received support from a significant surge in Nvidia (NASDAQ: NVDA) shares. This surge momentarily elevated the chipmaker's value to $1 trillion, a rare achievement.

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Key events Eurozone - CPI (YoY) (Apr)  UK - BoE Gov Bailey Speaks USA - Building Permits (Apr)        USA - Crude Oil Inventories On Tuesday, the US stock indices ended the day in negative territory due to unfavorable predictions made by Home Depot (NYSE: HD) and the release of April's US retail sales data, which indicated a decrease in consumer spending. Additionally, concerns surrounding interest rates and ongoing negotiations regarding the debt limit had a dampening effect on market sentiment.

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Precious metals such as gold, silver, platinum, and palladium have been valued for centuries for their rarity, beauty, and durability. While these metals are often used in jewelry, they also have many industrial and technological applications. Additionally, precious metals have long been seen as a hedge against inflation and a safe haven for investors during times of economic turmoil.

Key events: USA - Core CPI (MoM) (Apr) USA - CPI (MoM) (Apr) USA - CPI (YoY) (Apr) USA - Crude Oil Inventories S&P 500 daily chart