Binance Pick week 2 of 4 is live: 100,000 USDC for the top 8,000 at Sunday Nov 1, 23:59:59 UTC. #BinancePick • Week 1 closed at 06:59:59 ICT today. Weekly rewards are paid within 3 business days after each week ends. • Each weekly board needs a Weekly PnL above 0 from predictions made with Scores. • Weeks 2, 3 and 4 close Nov 1, Nov 8 and Nov 15 (UTC). Nov 15 is also the 500,000 USDC Season close. • KYC required; not open in the US, UK, EEA, Hong Kong or Singapore. My read: with 3 weekly boards left, I treat each Sunday close as its own checkpoint and check which of my markets settle before Nov 1. What did week 1 teach you about picking markets? Not financial advice.
WHAT HAPPENS NEXT WEEK WITH CRUDE OIL, GOLD, AND THE STOCK MARKET AFTER TRUMP REJECTS IRAN'S PROPOSAL?
The global macroeconomic backdrop is witnessing complex shifts as geopolitical tensions and inflationary pressures continue to rise. The United States’ rejection of Iran’s ceasefire proposal has dashed hopes of cooling the conflict in the short term. The direct consequence is a sharp surge in global oil prices: diesel prices, in particular, have risen strongly due to supply shortages from the Middle East and Russia. Escalating transportation costs are adding upward pressure on core inflation, reinforcing the scenario in which the U.S. Federal Reserve (Fed) continues a hawkish monetary policy and is highly likely to raise interest rates at its upcoming meeting.
HIGH INTEREST RATES, SUPPLY CONSTRAINTS, AND THEIR IMPACT ON THE MARKET
The global macro picture is entering a new era of interest rates, accompanied by significant volatility in energy and traditional investment channels. Below are the core highlights of current market trends. 1. A new era of interest rates and global debt-maturity pressure The U.S. Federal Reserve (Fed) has raised interest rates to 3.75%–4% and is expected to keep them at high levels throughout the 2026–2027 period.
FED FIRST RATE HIKE SINCE 2023: MACRO TREND AND IMPACT ON THE FINANCIAL MARKET
The Federal Open Market Committee (FOMC) has officially approved a decision to raise the benchmark interest rate by 0.25%, bringing the Federal Reserve’s (Fed) target interest rate range to 3.75% – 4.00%. This is the first rate hike by the Fed since July 2023, completely reversing the prior monetary easing cycle. The decision received unanimous approval, with 18/18 members voting in favor.