The #Federal_Open_Market_Committee (#FOMC) would not reduce the US dollar #interest_rate according to Donald Trump’s idea. Less than half of the FOMC members agree to reduce the dollar interest rate to 0.5% in September. This issue puts more pressure on #gold and #digital_currencies including #Bitcoin, continuing until the lecture of MR. Powell (FOMC chairman) on Friday.…
gold market trend
It seems that Gold buyers have good days ahead!
Increasing concern about the possibility of #economic_stagnation caused the investors to quit the #stock_market and enter the less risky markets including #bonds. The growth of demand in #bond_market has made 30% of the market equal with 16 trillion dollar to become negative, putting the central bank of the United States under pressure to change its…