FPG XAUUSD Market Report May 29, 2026
FPG XAUUSD Market Report May 29, 2026 On the H1 timeframe chart, XAUUSD (Gold) has recently experienced a fairly significant bullish rally within a relatively short period of time, surging sharply from 4366 up to 4516. This movement reflects a strong rebound after the market previously underwent an extended bearish decline from the 4580 resistance […]
Risk-On Sentiment Dominates Markets Amid US-Iran Progress
US-Iran Truce Framework Shapes Market Sentiment on May 29 2026 Global financial markets exhibited mixed movements on May 29 2026 as reports of a tentative 60-day US-Iran ceasefire framework influenced risk appetite and commodity prices. The proposed agreement, which includes potential reopening of the Strait of Hormuz, eased some geopolitical tensions but remained subject to […]
US Treasury Tax Cuts, Economic Growth, and Energy Dominance
Treasury Secretary Scott Bessent Media Briefing Highlights Trump Accounts, Tax Cuts, and Economic Resilience WASHINGTON — U.S. Treasury Secretary Scott Bessent held a media briefing on May 28, 2026. He outlined major administration initiatives. These included the launch of Trump accounts, recent tax cuts, and broader economic indicators. The session also addressed ongoing global energy […]