29 June 2023 – 09:07 Central Euro Time

The Bond, Euro and Swiss Franc all are at present below today’s Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is mostly light, save for the Euro which has already traced in excess of 50% of its EDTR (see Market Ranges). Gold has traded down to 1911 (Aug futs) which is toward the neighbourhood of how low we anticipate price may go (per recent editions of the Gold Update); on a spot basis, mind the 1893 level for support; by Market Values, Gold is (in real-time) -72 points below its smooth valuation line. Included in today’s metrics for the Econ Baro are May’s Pending Home Sales and the final revision to Q1 GDP.