The IMF blasted Ukraine’s recent move to strip the nation’s anti-corruption agencies of their independence https://t.co/WYBWBQZhED ...

Ukraine’s central bank held its benchmark interest rate steady as the government prepares for new loan talks with the IMF https://t.co/SLO0lgRUEk ...

Malawi’s debt bill this year will be $2 billion more than what it holds in foreign reserves, according to the IMF https://t.co/ez09wC161L ...

IMF to Discuss Argentina Amid $20 Billion Program’s First Review https://t.co/7qYpWeZjoU ...

Ukraine’s new prime minister says she’s likely to seek more financing from the IMF as she sets out to shore up the nation’s fiscal needs with no end in sight to Russia’s war https://t.co/NuAw9geaFi ...

Bitcoin Adoption in El Salvador - El Salvador hasn't purchased Bitcoin since February [1] Government Transparency - Finance chiefs informed the IMF, contradicting the Bukele administration's public statements regarding Bitcoin investments [1]

RT Gami 🌐 IMF (@gamiwtf)IMF has $210M in TVL 🫵😹 https://t.co/OuOCF0BQQi ...

Argentina’s credit rating was upgraded by Moody’s for a second time this year, with the agency citing the easing of currency controls and support from the IMF https://t.co/m3r7QZB7Q4 ...

Government Policy & Revenue - Egypt amends VAT on cigarettes and alcoholic drinks [1] - Egypt introduces a levy on crude oil [1] - The amendments and levy aim to boost revenue [1] Economic Context - The measures are part of IMF-backed reforms [1]

Core Viewpoint - The article discusses the contrasting performance of the U.S. stock market and the commodity market, highlighting the strong performance of gold and other precious metals amid rising risk aversion and uncertainty in global economic policies, particularly due to Trump's trade policies and fiscal measures [1][11][14]. Market Performance - Last week, the international spot gold price opened at $3,271.90, reaching a high of $3,365.39 and a low of $3,247.11, closing at $3,335.00, an increase of $61.61 or 1.88% [1]. - The U.S. dollar index opened at 97.21, peaked at 97.42, and closed at 96.98, down 0.26% [3]. - The Wellxin precious metals index (gold, silver, palladium, platinum) opened at 6,719.49 points, closing at 6,866.84 points, up 2.14% and reaching a historical high [3]. - Silver prices rose by 2.60%, platinum by 3.81%, and palladium by 0.26% [3]. Stock Market Trends - The Dow Jones index increased by 2.30%, the Nasdaq by 1.62%, and the S&P 500 by 1.72%, indicating strong performance in the U.S. stock market [6][8]. - The article notes a significant divide in market sentiment, with both risk aversion and risk preference appearing to strengthen [6]. Precious Metals and Commodities - The demand for safe-haven assets has boosted the performance of precious metals, with overall gains exceeding 2% and silver prices reaching a 13-year high [7]. - In contrast, the commodity market, particularly basic metals, has shown weaker performance, indicating a lack of clear direction [9]. Economic and Policy Implications - The article highlights concerns from the Bank for International Settlements (BIS) regarding the impact of Trump's trade protectionist policies on global economic uncertainty and inflation risks [11]. - A UBS survey indicates a rising trend among central banks to increase gold reserves, with 52% planning to do so in the next year, reflecting a shift towards gold as a hedge against geopolitical risks [12]. - The IMF warns that Trump's fiscal policies could exacerbate the U.S. deficit, potentially leading to a financial crisis [13]. Technical Analysis and Future Outlook - The article suggests that the current hesitation in the commodity market may not last long, with potential upward trends if the U.S. dollar continues to weaken [19]. - Observations of the NYMEX crude oil prices indicate a possible bullish trend despite recent fluctuations, supported by technical indicators [21][23]. - The article concludes that the macroeconomic environment remains complex, with potential implications for inflation and commodity demand [14][15].