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𝗠𝗔𝗥𝗞𝗘𝗧 𝗡𝗘𝗪𝗦 | Nov 4th ❤️❤️🌹🌹 #commodities: Fears of higher-than-previously-expected U.S interest rate and possibly dented #fueldemand in China caused #oilprices to plummet. Brent crude futures slid 0.2% to $94.45 per barrel and were set to drop more than 1% for the week. Meanwhile U.S WTI futures extended 0.3% loss to $87.90, remaining flat for the entire week. More than that, the #BoE thinks that Britain has entered a recession. Although #goldprices slightly regained, the mighty dollar and hawkish Fed moves put metal markets on course to end the week lower. Spot gold rose 0.1% to $1,631.88 an ounce while gold futures increased 0.2% to $1,633.75. Both instruments were set to lose about 1% for the week. #currencies: #dollar was on track for its best week performance in over a month, with the index up 2% for weekly gain and having firmed at 112.90. #sterling was expected to fall nearly 4% for the week after rising 0.1% to $1.1170. Investors worried about the risk of the U.K's longest #recession brought by BoE’s rising rates, anticipating lower borrowing costs. The #euro also moved in tandem with sterling, up 0.08% at $0.97575. #yen rose a marginal 0.07% to 148.155 per dollar. Kiwi and Aussie lost. #cryptocurrencies: Even though a small dip in the U.S weekly jobless claims and BoE’s rate hikes threatened the global economy, both largest cryptocurrencies were still trading comfortably. Bitcoin held steady at about $20,200 while Ethereum settled over $1,500. Only Doge plummeted Jolie Do: Forex Trading Specialist/ Relationship Manager at ForexCEC - DNBC Global Markets. ForexCEC - DNBCグローバルマーケットの外国為替取引スペシャリスト/顧客関係マネージャー Message me to discuss more. ❤️ #forex #trading #外国為替取引 #金融投資 #フォレックス #forexcec #dnbcglobalmar

Edited 04 Nov 2022, 14:46

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nice article
thanks

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