๐จ MARKET SIDEWAYS, CENTER OF GRAVITY SWINGS TOWARD TRUMP โ EPISODE
Overnight, the market was generally quite calm. BTC remained above 86K, gold fluctuated around the 4,300โ4,400 USD range, while US stocks closed mixed, with Nasdaq being the only major index that rose.
On the geopolitical front, the US and Iran held a meeting on the sidelines of the United Nations General Assembly. Iran also set out conditions for reopening the Strait of Hormuz, including reducing military pressure and lifting the blockade.
The US, Denmark, and Greenland also signed a new defense agreement, allowing the US to expand military activities in Greenland, including two new defense areas. The deal also reaffirms the sovereignty of the Kingdom of Denmark and the right of self-determination of the Greenland people.
Personal viewpoint:
What stands out is that some geopolitical risks are showing signs of cooling, but the market still hasnโt reacted too strongly.
In the short term, the Trump โ Xi meeting and US โ Iran developments will be two key variables to watch, especially for trade, oil, and global capital flows.
If diplomatic signals continue to improve, pressure on risk assets could ease. But more data is still needed to confirm this is a sustainable trend.
๐ HOT COINS TRADING HERE ๐
$MUBARAK
$KERNEL
$NIL
Overnight, the market was generally quite calm. BTC remained above 86K, gold fluctuated around the 4,300โ4,400 USD range, while US stocks closed mixed, with Nasdaq being the only major index that rose.
On the geopolitical front, the US and Iran held a meeting on the sidelines of the United Nations General Assembly. Iran also set out conditions for reopening the Strait of Hormuz, including reducing military pressure and lifting the blockade.
The US, Denmark, and Greenland also signed a new defense agreement, allowing the US to expand military activities in Greenland, including two new defense areas. The deal also reaffirms the sovereignty of the Kingdom of Denmark and the right of self-determination of the Greenland people.
Personal viewpoint:
What stands out is that some geopolitical risks are showing signs of cooling, but the market still hasnโt reacted too strongly.
In the short term, the Trump โ Xi meeting and US โ Iran developments will be two key variables to watch, especially for trade, oil, and global capital flows.
If diplomatic signals continue to improve, pressure on risk assets could ease. But more data is still needed to confirm this is a sustainable trend.
๐ HOT COINS TRADING HERE ๐
$MUBARAK
$KERNEL
$NIL
