what makes cryptocurrency rise, Block

2024-12-13 05:36:03

Market News: Apple is cooperating with Broadcom around artificial intelligence (AI) chips. Apple chips may be ready for production in 2026.Kremlin: Actions in the Golan Heights and the buffer zone are unlikely to help stabilize the situation in Syria.The price of gold is expected to break through the market. The key data of the United States are expected tonight, and the price of gold is basically flat on Wednesday. The market expects the key inflation data of the United States, which may affect the general expectation of interest rate cuts and provide more clues for the outlook in 2025. Rhona O‘Connell, an analyst at StoneX, said that the market is concerned about the upcoming inflation data and will pay attention to President Powell's post-meeting comments next week for further policy insights. O' Connell added that the price of gold was once stagnant but showing signs of recovery. The recent rebound was driven by geopolitical risks, and the price of gold reached the upper limit of the range, but did not break through the high point. Kyle Rodda, a financial market analyst in Capital.com, said: "The expected data almost gives the Fed a green light to cut interest rates next week, which may be a gold price catalyst." Goldman Sachs said that the main downside risk of predicting that gold will be $3,000 per ounce by the end of 2025 is that the Fed will cut interest rates, not that the dollar will strengthen. Goldman Sachs predicts: "If the Fed cuts interest rates again, the price of gold will rise to $2,890 per ounce."


Iran's Supreme Leader Ayatollah Ali Khamenei: Since September, Iran has issued a warning to the Assad government about the threat, but it has ignored the "enemy".Sources: Thailand's Cabinet approves the draft of the lowest corporate tax law in the world.Spot gold just broke through the $2,690.00/oz mark, and the latest price was $2,689.72/oz, down 0.15% in the day.


Market News: US Secretary of State Blinken will travel to Jordan and Turkey for talks on the Syrian issue on Wednesday.Colombia's consumer confidence index in November was -5.7, and the forecast was -4.8.Market News: US Secretary of State Blinken will travel to Jordan and Turkey for talks on the Syrian issue on Wednesday.

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