Gold prices held firm on Monday in mostly range-bound trade, helped by a dip in the dollar, while investors have dialled down their expectations of further aggressive monetary policy tightening in the United States. The dollar index hit a more than one-month low, making bullion less expensive for those holding other currencies.
Technical Resistance: 1860/1870
Technical support: 1840/1830
UK business confidence ticks higher in May - Lloyds Bank
Sentiment among British businesses edged higher in May, except for consumer-facing companies that are most exposed to the growing cost-of-living crunch, a survey showed on Tuesday. The Lloyds Bank Business Barometer rose in May to 38% from 33% in April, its first increase since February, despite worries about a slowing economy.
European shares rise as China growth hopes boost luxury, tech stocks
European shares touched their highest level in almost a month on Monday, with optimism buoyed by China's easing of COVID-19 restrictions and adding of new stimulus. Authorities in China's commercial hub of Shanghai will facilitate conditions for businesses to resume work from Wednesday, while city officials announced an action plan to boost the economy, supporting hopes for improved growth and demand from the world's second-largest economy.
Oil climbs above $121 a barrel as China eases restrictions, EU meets
Oil prices climbed above $121 a barrel on Monday, hitting a two-month high as China eased COVID-19 restrictions and traders priced in expectations that the European Union will eventually reach an agreement to ban Russian oil imports. Trading activity was muted due to a public holiday in the United States.
Source: Bloomberg, Investing.com, Reuters
• 英国 5 月商业信心指数走高 - 劳埃德银行
• 美元兑马币交易 4.3700
英国 5 月商业信心指数走高 - 劳埃德银行
周二的一项调查显示，5 月份英国企业的信心小幅走高，但面向消费者的公司最容易受到日益严重的生活成本紧缩影响。 劳埃德银行商业晴雨表从 4 月份的 33% 升至 38%，这是自 2 月份以来的首次增长，尽管人们担心经济放缓。
欧洲股市周一触及近一个月来的最高水平，中国放松 COVID-19 限制并增加新刺激措施提振了乐观情绪。 中国商业中心上海的当局将从周三开始为企业恢复工作创造条件，而市政府官员宣布了一项提振经济的行动计划，支持了世界第二大经济体改善增长和需求的希望。
周一油价攀升至每桶 121 美元以上，触及两个月高点，原因是中国放宽了 COVID-19 限制，交易商预计欧盟最终将达成协议，禁止进口俄罗斯石油。 由于美国公众假期，交易活动低迷。资料来源: Bloomberg, Investing.com, Reuters