🤔The market is acting crazy, right? Let me tell you the story🤔
But in the end, the interests of the big players drive the market according to their whims.
How did global markets react to the first words of "Jerome Powell" at "Jackson Hole" about interest rates?
- #Powell said: "The fundamental expectations and shifts in risk balance may necessitate a change in our policy stance".. opening the door for a potential interest rate cut in the September meeting.
📌 Market Reaction
- #Dollar shifts to a decline of more than 0.4%.. and bond yields fall.
- "Wall Street" strengthens its gains by more than 1.5%.. and "Dow Jones" jumps by more than 700 points.
- #Gold turns to gains and rises by 1% to $3373 per ounce.
- The color green covers cryptocurrencies..
Breaking | Trump on Federal Reserve Chairman Jerome Powell: "It's too late"
And that's it🫡
#BNBATH900 #ETHBreaksATH #FamilyOfficeCrypto #AKEBinanceTGE #FOMCMinutes $BTC