🚨🔥 COMMODITY BLOODBATH — MARKETS SHAKEN BY HAWKISH POWELL BETS! 🔥🚨
💥 Global commodity markets saw a broad sell-off:
🥇 Gold
🥈 Silver
🛢️ Oil
⚙️ Industrial metals — all dumping hard
📉 What’s driving the move?
Markets are pricing in higher-for-longer Fed policy, with investors increasingly convinced that Jerome Powell remains firmly hawkish 🦅
💬 According to Jin10, CBA commodity strategist Vivek Dhar said:
Investors are selling precious metals alongside US equities, signaling that Powell is being viewed as more hawkish than expected.
💵 A stronger US dollar added extra pressure, weighing on all commodities — from base metals to oil.
🌏 Asian equities slid sharply, tracking US stock futures, as renewed turbulence in metals amplified risk-off sentiment at the start of a week packed with:
📊 corporate earnings
🏦 central bank meetings
📈 key macro data
⚠️ But this may not be the end of the story…
Dhar warned against calling this a structural shift:
This looks more like a correction and a potential buying opportunity, not a change in fundamentals.
🔥 And the big bullish call:
Despite the “epic shakeout,” CBA remains strongly bullish on gold 🥇
🚀 Price target: $6,000 per ounce in Q4
👀 Volatility is back. Markets are shaking.
📌 Correction or opportunity?
#Commodities #Gold #Fed #Powell #Markets #Macro #Volatility
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