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Economy

Global Markets Followed a Positive Course on the First Trading Day of the Week As the USA and Iran Paused Mutual Attacks.

News summary

  • So what will be the trend in gold this week?
  • On Wednesday, the US Federal Reserve will announce its interest rate decision.
  • What are the expectations?
  • Details are in our news.

Global markets followed a positive course on the first trading day of the week as the USA and Iran paused mutual attacks. So what will be the trend in gold this week? On Wednesday, the US Federal Reserve will announce its interest rate decision.

What are the expectations? Details are in our news. Fluctuation in the markets continues.

Mutual attacks between the USA and Iran have stopped. So, will safe haven gold rise? Economist Muhammet Bayram, in his assessment on the issue in his CNN TÜRK live broadcast, said, "The week when the FED will make the decision, the guns fell silent, the ceasefire was almost declared, and there was a two-day bomb break.

Here is the statement made by the USA, our bomb stocks are running out. As you know, Axios news is Axios, the news agency used by Trump. Immediately, news started to spread that there might be a ceasefire until the FED's decision.

This ceasefire may be broken again after the FED's decision. If he were to signal an interest rate cut on Wednesday, gold prices would be higher now. He said that if the FED increases the interest rates, the price per gram of gold will be around 7 thousand to 7 thousand 400 because with the interest rate cut there, the dollar will become even cheaper and there will be more inflow into gold.

Iran's Oil Minister announced that they have sold 18 billion dollars of oil since the war. This increase revealed the economic dimension of the war. Bayram said, "He did not receive any official compensation due to the war, but his money was resolved and Qatar sent money, you know, 6 billion dollars.

Now on top of that, he continued to sell oil. Look, he sold 11.5 billion dollars of oil, sixty percent more than what was normally expected.

Source: CNN Türk

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