π€ Brent crude has been pushed close to $100 per barrel.π€ Supply risks in the Middle East remain the main driver supporting oil prices.
π’ The more tensions rise, the more expensive oil gets β $100 is becoming a key level for markets to watch.
@BackcomGlobal
Please open Telegram to view this post
VIEW IN TELEGRAM
π1π₯1π1
One is prioritizing balance-sheet strength, while the other keeps racing to accumulate ETH β the two treasury giants are taking very different paths.
@BackcomGlobal
Please open Telegram to view this post
VIEW IN TELEGRAM
β€1π1π₯1
π€ Canadaβs 50% tariff on certain U.S. goods has officially come into effect.π€ The measure is a retaliatory response to U.S. tariffs imposed on Canadian goods.π€ President Trump responded by excluding Canadian goods from U.S. government procurement.
πΊπΈ - π¨π¦ THE U.S.βCANADA TRADE WAR IS NO LONGER JUST ABOUT TARIFFS β IT HAS NOW EXPANDED INTO GOVERNMENT PROCUREMENT CONTRACTS.
@BackcomGlobal
Please open Telegram to view this post
VIEW IN TELEGRAM
β€1π1π₯1
JAPANβS 10-YEAR GOVERNMENT BOND YIELD BREAKS ABOVE 3% FOR THE FIRST TIME SINCE 1996
- The yield on Japanβs 10-year government bond has risen above 3%.
- This is the first time it has reached that level since 1996.
- Key drivers: the BOJ is reducing bond purchases, while expectations for further rate hikes are increasing.
π―π΅ Japanβs era of ultra-low interest rates is coming to an end β 3% is no longer a βforbidden zone.β
@BackcomGlobal
- The yield on Japanβs 10-year government bond has risen above 3%.
- This is the first time it has reached that level since 1996.
- Key drivers: the BOJ is reducing bond purchases, while expectations for further rate hikes are increasing.
π―π΅ Japanβs era of ultra-low interest rates is coming to an end β 3% is no longer a βforbidden zone.β
@BackcomGlobal
β€1π1π₯1
For new users only
π€ Deposit 50 USDT β Hold for 3 days β 100 USDT Position Voucherπ€ Deposit 200 USDT β Hold for 4 days β 300 USDT Position Voucherπ€ Deposit 500 USDT β Hold for 5 days β 500 USDT Position Voucherπ€ Deposit 1,000 USDT β Hold for 6 days β 1,000 USDT Position Voucherπ Rewards are distributed on a first-come, first-served (FCFS) basis.
Open to all users
π₯ 1st Place: 2,500 USDT (25% of the prize pool)
π₯ 2nd Place: 1,800 USDT
π₯ 3rd Place: 1,200 USDT
- 4thβ100th Place: Attractive rewards of up to 800 USDTπ Rewards will be distributed within 7 days after the campaign ends.
Open to all users
π£ Trade 100K USDT β 15 USDT Bonus
π£ Trade 500K USDT β 30 USDT Bonus
π£ Trade 1M USDT β 60 USDT Bonus
π£ Trade 5M USDT β 300 USDT Bonus
π£ Trade 10M USDT β 600 USDT Bonus
Each user can only receive one reward, corresponding to the highest trading volume achieved.
(Registration is a prerequisite for participation.)
Alternatively: Enter referral code βvipbackcomβ during registration to receive a 60% trading-fee rebate.
π€ Rebate mechanism: Receive a 60% weekly rebate through the Backcom App/Bot
@BackcomGlobal
Please open Telegram to view this post
VIEW IN TELEGRAM
β€1π1π₯1
π€ Chinaβs CPI inflation rose to 0.8% year-on-year in August.π€ The reading matched expectations and was higher than Julyβs 0.5%.π€ August PPI also increased 3.8%, reflecting price pressures from energy and commodities.π€ Food prices continued to decline, while non-food prices rose more strongly.
π¨π³ Chinaβs inflation is gradually picking up from very low levels, but it is still far from being as βhotβ as in the U.S.
@BackcomGlobal
Please open Telegram to view this post
VIEW IN TELEGRAM
π£ PPI Y/Y: forecast 5.3% (previous = 4.7%)π€ Core PPI Y/Y: forecast 4.6% (previous = 4.2%)
πΊπΈ The hotter the PPI, the harder it will be for the Fed to βpauseβ β markets are likely to react immediately after the data.
@BackcomGlobal
Please open Telegram to view this post
VIEW IN TELEGRAM
β€1π1π₯1
The hotter oil gets, the stronger the risk-off mood becomes β BTC is finding it hard to stay unaffected as geopolitical tensions flare up again.
@BackcomGlobal
Please open Telegram to view this post
VIEW IN TELEGRAM
β€1π1π₯1
BESSENT: βNOW IβM THE HOUSEβ
π U.S. Treasury Secretary Scott Bessent declared: βNow Iβm the houseβ¦ and you can bet against me if you want.β
Bad news has piled up for two straight weeks, but BTC is still holding on β at least it hasnβt βcollapsedβ alongside stocks yet.
@BackcomGlobal
π€ The remark was aimed at the possibility of U.S. Treasury intervention to support the Yen.π€ The U.S. will increase the size of its bond buybacks to $6 billion tomorrow.π€ Future buyback operations will be at least $4 billion each.π€ Even so, the U.S. 10-year Treasury yield has climbed to its highest level since 2023.
Bad news has piled up for two straight weeks, but BTC is still holding on β at least it hasnβt βcollapsedβ alongside stocks yet.
@BackcomGlobal
Please open Telegram to view this post
VIEW IN TELEGRAM
β€1π₯1π1
TRUMP: IRAN WAR COULD END AFTER THE MIDTERM ELECTIONS
π President Trump said the war with Iran could end shortly after the midterm elections.
π€ He left the door open to negotiations, but said they are not a priority.
π€ According to Trump, Iran is trying to influence the U.S. election and cannot withstand economic pressure for much longer.
π€ Trump also said oil prices could cool once the conflict ends.
β This is not a ceasefire order yet, but it is the clearest signal from the White House that November 3 is becoming a key deadline for the war.
@BackcomGlobal
@BackcomGlobal
Please open Telegram to view this post
VIEW IN TELEGRAM
π¨π³ Beijing is still quietly accumulating gold β adding another layer of protection each month against USD volatility and geopolitical risks.
@BackcomGlobal
Please open Telegram to view this post
VIEW IN TELEGRAM