Marc Chandler - Resilient US Economy, Fed Policy Shifts, Dollar & Rates, Gold Outlook

US economy shows surprising resilience with strong Flash PMI data and a 4.3% GDP nowcast, largely fueled by a massive data center CapEx boom.

Kevin Warsh's appointment as new Fed Chairman signals a major policy shift, with a rate hike now becoming the market's base-case scenario.

Gold is undergoing technical consolidation after failing to hold key support levels, while the US Dollar widens its gap against other major G10 currencies.