Dear Trader,
Since Federal Reserve Chair Jerome Powell said that July's rate cut was merely a "mid-cycle adjustment" and an "insurance cut", the market mood has changed. Rising trade tensions and fears of a recession weigh on markets which expect the Fed cut again in September. In his critical Jackson Hole speech, Powell is set to hint about the next moves and rock the dollar.
Since Federal Reserve Chair Jerome Powell said that July's rate cut was merely a "mid-cycle adjustment" and an "insurance cut", the market mood has changed. Rising trade tensions and fears of a recession weigh on markets which expect the Fed cut again in September. In his critical Jackson Hole speech, Powell is set to hint about the next moves and rock the dollar.
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https://t.me/riotraders
Thank you!
https://t.me/riotraders
Thank you!
Gold should go 1550 tomorrow itself
And market might open bit high
We won’t have so much of dip
We can see it flying high
And market might open bit high
We won’t have so much of dip
We can see it flying high