When the Chinese economy slows down, generating (uncertainty)... the USA is affected and in turn, the world 🌎 as well. 🧐⬇️💵
It is when the purchase of #oro is promoted as a safe haven currency. It is here that what is called occurs: ✔️DIVERSIFICATION of CHINA against the 💲 💵 dollar).⬆️ rising its price.💸.. On the other hand, 🛢️Oil is rising🪙📈 due to global demand and geopolitical factors. (the conflicts that tarnish the routes and landscapes.)
In the USA🇺🇲 on this date, the effects are felt as a risk of recession (pressure from the Federal Reserve FED) to lower rates and possible adjustments, this greatly affects the stock indices and the markets, in effect gold and the dollar.
💢🚨💢🚨💢🚨💢🚨💢🚨💢🚨💢🚨💢🚨
Synthesis:
✔️ If the Chinese market takes refuge in Gold, it affects the global 💲 dollar.
✔️If in the US the Federal Reserve lowers interest rates, it affects gold and the dollar.
GLOBAL IMPACT: HOW DOES IT AFFECT?
The Chinese economy is the 2️⃣nd largest economy in the 🌎 world, its problems infect global markets (US stocks and trade).
📌CHINA buys gold to boost the metal.
📌US. Due to the pressure from the FED, global uncertainty and the Chinese economy can exert such pressure that affects gold and the dollar.
VOLATILITY IN MARKETS.
🎯Oil🛢️ is quoted in 💲dollars. China is a large consumer; if the dollar⬇️💵 falls, crude becomes cheaper for other countries, increasing demand and price.
🎯US stock markets react to doubts about CHINESE growth and to advances or (setbacks) in trade negotiations.
GOLD, Oil, BTC.. US - CHINA relationship uncertainty and FED on the table.
#Oro 1% up to 4.343$ increase.
Today
Thanks You 👍
