On Monday, Powell’s speech is expected to provide crucial insights that will set the tone for the markets. Many analysts anticipate a potential correction in market prices before the release of the labor market data, as investors look for clearer signals regarding the Federal Reserve’s future policy direction. Gold, which has been trending upward, could potentially reach new all-time highs, while silver is also positioned for a possible rise. Additionally, following the People’s Bank of China’s recent intervention, the anticipated correction in stock markets has been postponed, allowing for a temporary stabilization in global equities.
Menu
Leave A Comment