đŽ Here are the most important developments:
âą Gold falls to less than $ 2,500 per ounce, with expectations that the US interest rate cut will be less than expected.
âą The market debate is no longer about whether the Federal Reserve will cut interest rates during the current month or not.
âą As this has become almost certain, the debate is on a main point, which is whether the Federal Reserve will cut interest rates by 25 points or 50 points.
âą What will decide this matter is the economic data, especially the US labor data that will be issued next Friday, which will put the dots on the letters.
đ Today will be an official holiday in America on the occasion of Labor Day, and there are no important economic data.
đ Today, the markets will be frozen due to weak liquidity due to a holiday in America.
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