• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 26, a new poll by The Wall Street Journal shows that the image of the Democratic Party in the United States has fallen to its lowest point in more than 30 years, and voters believe that the Republican Party is better at handling most issues that determine the outcome of the election. According to the poll, 63% of voters have a negative view of the Democratic Party, which is the highest proportion since the Wall Street Journal began polling in 1990, 30 percentage points higher than the 33% who have a positive view. This evaluation is much lower than voters evaluation of Trump or the Republican Party. The proportion of voters who have a negative view of Trump or the Republican Party is 7 percentage points and 11 percentage points higher than the proportion who have a positive view, respectively. Only 8% of voters have a "very favorable impression" of the Democratic Party, while the proportion of voters who show such enthusiasm for the Republican Party is 19%.Gaza conflict: 1. Egyptian officials: Gaza ceasefire talks have not broken down and will continue on the 28th. 2. Israeli Foreign Minister: Israel agrees to the proposal to release Israeli detainees and ceasefire in Gaza, but Hamas still refuses to compromise. 3. German government spokesman: There is no plan to recognize the State of Palestine in the short term. 4. Trump: Macrons recognition of Palestine is irrelevant. Frances recognition of Palestine will not change anything. 5. 221 British MPs called on Britain to follow Frances example and recognize the State of Palestine. British Prime Minister: Recognition of the State of Palestine is one of the steps to ceasefire in Gaza. Other issues: 1. Iran and European countries agreed to continue nuclear negotiations. 2. USAID internal analysis found that Hamas did not systematically embezzle US aid funds for Gaza. 3. Grossi, head of the UN nuclear monitoring agency: Iran has shown its readiness to restart dialogue at the technical level. 4. US Central Command: A senior leader of the extremist organization "Islamic State" was killed in Aleppo, Syria. 5. France said that the Syrian transitional government and Kurdish armed forces will negotiate in Paris. 6. Yemeni government forces said they had engaged in a firefight with the Houthi armed forces, leaving dozens of people dead and injured.According to a Wall Street Journal poll: American voters believe that the Republican Party is best capable of handling the economy, inflation, tariffs and foreign policy.A NASA spokesperson said that approximately 3,870 employees will resign.According to a Wall Street Journal poll: The Democratic Partys approval rating has hit a 35-year low, with about 63% of American voters holding a negative view of the Democratic Party.

Gold Price Prediction: XAU/USD struggles above $2,000 as additional Fed rate increases appear inevitable

Daniel Rogers

Apr 17, 2023 13:44

259.png 

 

During the Asian session, the gold price (XAU / USD) appears vulnerable above the psychological resistance of $2,000.00. Following a four-day low of $1,992.50, the precious metal has exhibited a recovery trend. However, the recovery appears precarious as bullish wagers on the US Dollar Index (DXY) limit the upside.

 

As the probability of a consecutive 25 basis point (bp) rate hike from the Federal Reserve (Fed) is exceedingly high, the USD Index seeks to extend its recovery above the immediate resistance of 101.75. According to the CME Fedwatch instrument, the likelihood of a rate rise is nearly 80%.

 

In the meantime, S&P500 futures posted significant gains early on Monday, following a moderate decline on Friday. Quarterly earnings season is anticipated to keep US equities stock-specific. As a result of the precipitous drop in petroleum prices in March, manufacturing and oil-dependent businesses could experience a reasonable earnings rebound.

 

The demand for U.S. government bonds has decreased considerably in response to rising wagers on additional Fed policy restrictions. President of the Federal Reserve Bank of Atlanta Raphael Bostic stated that with one more quarter-point increase in interest rates, the Fed can conclude its tightening cycle with some assurance that inflation will gradually revert to its 2% objective.