London Edition: Gold slips, XRP leads crypto

Welcome to Venor News, London Edition. I'm Gracy Skai.

Gold sits near four thousand dollars, with Washington's consumer survey ahead.

Crude oil eases as diplomatic efforts to end the Middle East conflict continue.

XRP gains after Ripple's national trust bank wins final regulatory approval.

Bloomberg reports Asian stocks gained, and that Anthropic filed for an IPO.

First, currencies. Euro-dollar is a touch lower, down 0.08 percent. The pound is down 0.07 percent. Dollar-yen is up 0.08 percent. The Aussie dollar is slightly higher, up 0.06 percent. The dollar is steady overall, with most pairs barely moved.

Gold is down 0.38 percent today, at 4,002 dollars. On the week it is almost exactly flat, down 0.01 percent. The daily trend is down, a strong trend with sellers in control, and the four-hour structure is mixed. Reuters reports the European Central Bank warns that Iran war fallout is amplifying Europe's financial vulnerabilities. CNBC reports crude is lower as talks to end the Middle East conflict go on. Traders will watch how the dollar and rates respond through the New York session.

Bitcoin is down 0.12 percent today, at 79,701 dollars, and down 0.90 percent on the week. Its four-hour trend points lower. XRP is the strongest name on the board, up 1.65 percent, and its chief executive Brad Garlinghouse said crypto and banks work better together, TradingView reports. Ethereum is up 0.28 percent, while Solana is down 0.60 percent.

The key number today is the US consumer confidence survey at 10:00 New York time.

Finally, at the time of this recording, our live barometer showed: gold is clearly bearish, euro-dollar leans bearish, and pound-dollar leans bearish. For short-term sentiment, watch Market Pulse on our website. And our Session's Briefing goes out before every session on our Telegram channel, Venor Analysis. Scan the code on your screen to join.

That's all from Venor News. Goodbye, and happy trading.