Economic data produced a mixed bag on Tuesday, leaving financial markets in an indecisive mood. We got some hotter than expected inflation data out of Japan, hawkish comments from BOE Ramsden, an upward revision to the US GDP tracker, softer Eurozone reads, and a miss from US durable goods.

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GBP/USD hovers around the 1.3300 area on Thursday, supported by a broad rebound in risk-sensitive assets, renewed weakness in the Greenback and lingering uncertainty over US–China trade talks.

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Gold sticks to the bullish stance near $3,330

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On Thursday, gold regained lost ground after two consecutive days of declines, with XAU/USD climbing back toward $3,300 per troy ounce following an earlier rally to roughly $3,370. The metal drew safe-haven buying as renewed fears of a US–China trade flare-up weighed on broader markets.

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Bitcoin Price corrects as increased profit-taking offsets positive market sentiment

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Bitcoin (BTC) is facing a slight correction, trading around $92,000 at the time of writing on Thursday after rallying 8.55% so far this week. Institutional demand remained strong as US spot Exchange Traded Funds (ETFs) recorded an inflow of $916.91 million on Wednesday.

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