Gold surged to a new all-time high above $4,240 as expectations of Fed rate cuts and escalating US-China trade frictions fueled demand for safe-haven assets.

Bitcoin jumped over 5% to nearly $114,000 following supportive comments from Federal Reserve Governor Christopher Waller about a 'new era' in payments and potential central bank accounts.

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The Federal Reserve is widely expected to announce a second consecutive rate cut today, with markets and analysts watching closely for signals from Chair Jerome Powell about future monetary policy and the end of quantitative tightening.

Federal Reserve Chair Jerome Powell indicated that a December interest rate cut is far from guaranteed, causing market expectations for another reduction this year to drop sharply.

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Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

President Donald Trump has stated that he will reveal his pick for the next Federal Reserve chair early next year, shifting the previously expected timeline.