Kabuki Takaaki "Weekly Gold Market Outlook" June 8, 2026 issue
Tsukuba Investment Daily Co., Ltd. President and CEO, pioneer of astrology market analysis, and leading expert in financial cycle analysis, Takaki Kabutomaki, writes a weekly report on gold market outlook.
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The U.S. May employment statistics released last weekend showed nonfarm payrolls rising for the third consecutive month, exceeding market expectations by a wide margin with an increase of 172,000 jobs vs. the expected 85,000. The market discussed a “jobs data shock,” and the stock market fell sharply. At the same time, gold prices declined. The main reason was that the Fed’s monetary policy, which at the start of the year had been focused on how many rate cuts would occur this year, suddenly shifted to rate hikes. This is the result we had predicted in our initial scenario. In other words, inflation is set to intensify toward the latter half of the year. The expectation of rate cuts could invert to expectations of rate hikes. In reference to last week’s comments, “... in this column, we expect prices to break through resistance and for interest rates to rise, which would have a significant impact on the U.S. economy. This weekend’s employment data and the CPI release on June 10 are worth watching. As economic strength is reflected and price pressures rise again, the Fed’s monetary policy in the second half of the year is highly likely to shift from cuts to hikes. It will be interesting to see how President Trump evaluates Kevin Warsh at that time.”
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【Takaki Kabutomaki — Profile】
Graduated from Kansai Gakuin University, Faculty of Economics. In 1995, partnered with the globally renowned American market analyst Raymond Meriman and issued domestic first market cycle and astrology reports. He is well known for his analysis using cycles and astrology. President and CEO of Investment Daily Co., Ltd.; President of Investment Daily Publishing Co., Ltd.; Member of the Japan Technical Analysts Association; Editor-in-Chief of ‘Investment Daily α’.
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