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09:44
U.S. stocks movement: Gold stocks continue to decline pre-market as institutions sharply lower gold price expectations, triggering sell-offs
```htmlGolden Finance June 23|On the news side, concerns about further interest rate hikes by the Federal Reserve within the year are intensifying. Institutions have lowered their expectations for gold, undermining market confidence: Deutsche Bank has significantly reduced its gold price forecast, cutting its third-quarter target from the previous level by 22% to $4,300 per ounce. The fourth-quarter target was also lowered by 17%. Bank of America also acknowledged that its previous target price of $6,000 per ounce now appears unlikely to be reached. This collective weakening by institutions has further affected market confidence in holding positions.```
09:41
ECB Chief Economist Lane: I see some upward momentum in wages
I see some upward momentum in wages, said Lane, Chief Economist of the European Central Bank.
09:41
French grid operator RTE: Preparing a pilot project to change grid connection applications to a first-come, first-served basis
French grid operator RTE: Preparing a pilot project to change grid connection applications to a first-come, first-served basis
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