🔴 JP Morgan: US markets see an 80% chance of an economic re | Elayes on Binance Square

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🔴 JP Morgan: US markets see an 80% chance of an economic recession.
#CryptoAMA #JPMorgan #informationalpurposeonly #NewsUpdated #latestupdate 

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⭕ Oil jumps more than 2%, fueled by a rebound in buying driven by the previous session's price drop due to the OPEC+ group's decision to accelerate production increases, despite ongoing concerns about oversupply. #CryptoAMA #USStablecoinBill #StrategicBTCReserve #MarketPullback #SaylorBTCPurchase

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⭕ Gold rose more than 1% to a two-week high, supported by increased demand for safe havens, amid growing concerns about Donald Trump's plans to impose new tariffs, and anticipation of the Federal Reserve's interest rate decision. #CryptoAMA #FOMCMeeting #USHouseMarketStructureDraft #BitcoinReserveDeadline #BinanceLaunchpoolSXT

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🔵 Here are the most important developments: • Geopolitical tensions in the Middle East are pushing gold higher, especially after the major Israeli attack yesterday on the port of Hodeidah in Yemen and the Yemenis' vow to respond. • Oil jumped more than 2% due to these tensions. • In a press statement, Trump said he would not dismiss Jerome Powell from his position despite his opposition to his policy, which is calming the market somewhat. ⬅️ News of the trade war remains the most influential factor in the market currently. #CryptoAMA #newsdaily #InformedInvesting #market_tips #Market_Update

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⭕ [Quick Facts]: 1. Trump says he has no intention of removing Powell, suggests Vance and Rubio as possible presidential successors. 2. More than 15,000 USDA employees accept the Trump administration's voluntary resignation offer. 3. Major oil producers exceed production increase targets for the second consecutive month. 4. The US military launches airstrikes across Yemen, causing civilian casualties. 5. EU steel exports to the US fall by 1 million tons, a €2 billion loss linked to US steel and aluminum tariffs. 6. US-Ukraine metals agreement signed: An early glimpse into America's profit strategy. 7. South Korean auto exports to the US decline sharply. 8. Trump's budget cuts domestic spending by 23%, pushing defense spending to a record $1 trillion. 9. The European Central Bank's vice president hints at further interest rate cuts to counter the impact of US tariffs. 10. Nonfarm payrolls exceeded expectations in April, but the outlook remains cloudy. #CryptoAMA #news_update #news #Information #news2024

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📊 Gold prices rose on Monday, supported by a weaker dollar, as investors await greater clarity on trade policies between the US and its partners, in addition to the Federal Reserve's upcoming monetary policy decision later this week: 🟨 Spot gold rose 1.25% to $3,281 per ounce. 🟨 US gold futures fell 0.6% to $3,263.00 per ounce. #CryptoAMA #newsdaily #InformedInvesting #market_tips #tradesafely

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