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JUST IN: Gold reaches new all-time high of $4100.
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JUST IN: 🚨🚨The FED's interest rate decision will be announced in 10 minutes. Stay tuned for the interest rate decision and Powell's statements.
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QCP: The Fed is expected to cut rates by #25bps but without clear conviction due to limited data, while US-China trade tensions ease slightly ahead of a Trump-Xi meeting. AI continues to drive gains in chip and data center stocks amid bubble fears. Concerns rise that stock buybacks could spark further crypto selling, as DATs trade below 1 MNAV.
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Altcoins show strong bounce potential ahead! Negative funding across majors like ETH, SOL, and ENA indicates an overshort market, if BTC stays stable, a short squeeze and upward movement in altcoins could be on the way.
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WEDNESDAY'S BREAKING NEWS CAD|BoC Interest Rate Decision Time: 16:45 Effects: Previously: 2.50% Forecast: 2.25% ________ USD| New Home Sales (Sep) Time: 17:00 Effects: Previously: 800K Forecast: 710KPreviously USD|Crude Oil Inventories Time: 17:30 Effects: Previously: -0.961M Forecast: -0.400M : 2.50% USD| FOMC Statement Time: 21:00 Effects: ate Decisi USD|Fed Interest Rate Decision Time: 21:00 Effects: Previously: 4.25% Forecast: 4.00% 2.50% F USD| FOMC Press Conference Time: 21:30 Effects:
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JUST IN: 🇺🇸 98% chance the Federal Reserve cuts interest rates by 25 bps tomorrow, according to Polymarket.
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