20 June 2025 – 08:42 Central Euro Time

The two-day session continues, at present finding the Bond, Euro and Swiss Franc above their Neutral Zones and all three elements of the Metals Triumvirate below same; volatility (as is typical in accounting for two days) is mostly robust. The Spoo yesterday traded below its “low if a down day” (5979), price having since rebounded nearly all the way back up. As anticipated, Copper is weaking as its “Baby Blues” (see Market Trends) drop further still; too, those for both Silver and Gold are curling over to the downside: more on it all in tomorrow’s 814th consecutive Saturday edition of The Gold Update. Oil’s recent strength given the Mid-East strife finds price (in real-time) +12.30 points above its smooth valuation line (see Market Values). And the best correlation currently amongst our five primary BEGOS components is positive between the Bond and Gold, albeit the latter has been coming off a bit. The Econ Baro finishes its week with June’s Philly Fed Index and May’s Leading (i.e. given the Baro, “lagging”) Indicators.