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Eco Data 10/10/24 – Action Forex
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Gold Price Today – Sell Off
Understanding the Real Forces Behind the Gold Market Drop Gold Price Today The recent gold market sell-off has shaken investor confidence, wiping out multiple trillions of dollars in combined gold and silver valuations. As prices fell sharply, many began questioning whether gold still deserves its reputation as a reliable safe-haven asset. However, this decline does…
Nasdaq Eyes SEC Approval for BlackRock Ethereum ETF Options
The crypto markets are buzzing with the news of BlackRock’s proposal to the SEC. On Tuesday, August 6, 2024, the American multinational investment company filed the petition involving options trading. It wants to list them on its Ethereum exchange-traded fund (ETF) and iShares Ethereum Trust (ETHA). BlackRock submitted its proposal to the SEC via the…
Gold Forecast: Bulls to Test $5,000 as Geopolitics Escalate Over Trade Fears – Forex Crunch
Gold forecast edges higher, aiming for $5,000 as the geopolitics, central bank buying, and de-dollarization keep the demand elevated. US-Europe conflict over Greenland escalates, resulting in a weaker dollar. US Core PCE and Q3 GDP data due this week could further set the direction for gold. A strong combination of geopolitical tensions, de-dollarization, and steady…
Putin questions Ukraine ceasefire plan and sets out string of conditions
Vladimir Putin has said he has many questions about the proposed US-brokered ceasefire with Ukraine and appeared to set out a series of sweeping conditions that would need to be met before Russia would agree to such a truce. Speaking at a press conference at the Kremlin alongside the Belarusian president, Alexander Lukashenko, Putin said…
