British Pound holds gains above 1.3150, US PCE inflation data looms
Key takeaway
"British Pound holds gains above 1.3150, US PCE inflation data looms" — BullBear's AI rates this story as a mixed, direction-neutral signal, with a market-impact score of 65 out of 100. Reported by Google News Macroeconomics (EN) on June 25, 2026. The call is verified against the actual 24-hour price move on BullBear's public conviction ledger.
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Trump Rages Against 'Treasonous Scum' In Media For Iran War Coverage
President Trump took to Truth Social on Thursday to rage against US media coverage of the Iran war (not for the first time), following Treasury Scott Bessent giving similar scathing remarks earlier this week.
Trump particularly singled out recent and ongoing reports of US missile and interceptor shortages, which he has slammed as false. He called out the "treasonous SCUM" in the media for issuing supposedly inaccurate reports on "our Military Operation in Iran" - claiming that the US has "virtually unlimited amounts of Mid to High Grade Ammunition".
But also notably, and in a seeming implicit contradiction, he said the USA is not at the moment "selling them to others" but is producing and stockpiling at "levels never seen before." This is amid an ongoing scramble for Europe to find an avenue to transfer more Patriots to Ukraine, as Zelensky is essentially betting for more missiles.
Trump once again further blamed the prior Biden administration for handing
The shift of billions of dollars worth of gold out of the United States by Dutch investors, prompted by Goldman Sachs' warning about geographic concentration risk, underscores a growing awareness of systemic exposure in precious‑metal holdings. By reallocating assets to more diversified jurisdictions, market participants signal heightened caution, which could dampen demand for U.S.-based bullion and pressure spot prices. The move dovetails with broader macro concerns over supply‑chain resilience, geopolitical tensions, and the concentration of financial assets in a single market, reinforcing narratives of de‑globalisation and risk dispersion. Investor confidence may erode as the episode highlights vulnerability to regional shocks, prompting a tilt toward broader commodity baskets or alternative safe‑haven assets. Consequently, risk appetite in the precious‑metal sector could contract, while capital flows may favor jurisdictions perceived as offering greater geopolitical stability and regulatory transparency.
The shift of billions of dollars worth of gold out of the United States by Dutch investors, prompted by Goldman Sachs' warning about geographic concentration risk, underscores a growing awareness of systemic exposure in precious‑metal holdings. By reallocating assets to more diversified jurisdictions, market participants signal heightened caution, which could dampen demand for U.S.-based bullion and pressure spot prices. The move dovetails with broader macro concerns over supply‑chain resilience, geopolitical tensions, and the concentration of financial assets in a single market, reinforcing narratives of de‑globalisation and risk dispersion. Investor confidence may erode as the episode highlights vulnerability to regional shocks, prompting a tilt toward broader commodity baskets or alternative safe‑haven assets. Consequently, risk appetite in the precious‑metal sector could contract, while capital flows may favor jurisdictions perceived as offering greater geopolitical stability and regulatory transparency.
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