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NATO Secretary General: We are ready to move into the next phase after the war ends, deploying the necessary ships and minesweepers to the Strait of Hormuz.
On May 4th, Russian Foreign Ministry spokesperson Maria Zakharova stated in Russian media that the U.S. State Departments granting of U.S. citizenship to the children of Russian diplomats born in the United States violates both international and U.S. domestic law. Zakharova said that U.S. federal law clearly stipulates that children of diplomats stationed in the U.S. cannot acquire U.S. citizenship simply because they are born in the U.S., as they enjoy diplomatic immunity and are not subject to the jurisdiction of the host country. She believes that the U.S. State Departments use of the constitutional principle of "birthright citizenship" to grant U.S. citizenship to the children of Russian diplomats aims to undermine the process of eliminating "friction points" in bilateral relations between Russia and the U.S., while simultaneously using the childrens citizenship as a pretext to exert pressure on Russian diplomats.
ECB Governing Council member Mueller: I expect inflation to accelerate in the coming months.
ECB Governing Council member Mueller: Current interest rates are already at a roughly neutral level, leaving room for a wait-and-see approach.
Futures News, May 4th: Economies.com analysts latest view: Spot gold prices came under pressure and fell in the latest intraday trading, after encountering resistance near the 50-day EMA, triggering selling pressure and pushing prices further lower. Meanwhile, the Relative Strength Index (RSI) showed a negative crossover, an early signal of potential bearish divergence, which, if confirmed, could exacerbate downward pressure on spot gold. With the main downtrend continuing to dominate, the bearish scenario for spot gold remains valid for some time, especially if prices fail to break through the current dynamic resistance level. This further strengthens the probability of continued declines in gold prices, or at least maintains negative pressure until stronger technical signals emerge to support any rebound attempt.