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Israeli Prime Minister Netanyahu said he and US President Donald Trump agreed on many issues and that they have a good relationship.

2026-07-06

Israeli Prime Minister Netanyahu said he and US President Donald Trump agreed on many issues and that they have a good relationship.

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2026-07-06

Senior commodities analyst Henry Hu says gold-jewellery stocks historically tracked gold prices and were treated as adjuncts to miners, but the dynamic has shifted. Since 2025 investment gold bars have exceeded 50% of the China market and become domi

Senior commodities analyst Henry Hu says gold-jewellery stocks historically tracked gold prices and were treated as adjuncts to miners, but the dynamic has shifted. Since 2025 investment gold bars have exceeded 50% of the China market and become dominant; self-purchase and wedding demand remain rigid but are budget-anchored, so consumers tend to wait when gold is elevated. A H1 decline in the gold price has not produced a clear rebound in jewelry sales. Fixed-price SKUs suffer from delayed repricing and companies’ responses differ; Gram-weight products are more resilient. Chaohongji reported sequentially acceleration in Q2 and continued sell-through. Crucially, share prices have materially disconnected from fundamentals: gold weakness affects firms unevenly, yet the sector has fallen collectively and many names trade at very low PBs (Chow Sang Sang ~0.4). Absent a further ~50% drop in gold, current valuations look cheap.
2026-07-06

The Eurozone's May PPI and retail sales figures will be released in ten minutes.

The Eurozone's May PPI and retail sales figures will be released in ten minutes.
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