l am not an analyst. l report the latest news on the digital currency market,the global economy,and everything related to geopolitical news affecting the crypto
👈 Trump announces his victory in the US presidential elections.
⬅️ Which led to an increase in demand for the dollar with Trump's victory.
• Also fears that Trump will start a trade war with China and Europe, especially France, so we see the euro falling sharply.
• Trump stated during his victory speech that Our movement has never been seen before, and frankly, our movement is the greatest political movement of all time.
- I will fix everything, I will fix our borders. - This is a great, unprecedented political victory - I will work to stop wars.
⬅️ More developments are expected as the day goes on - Stay tuned for more market shifts, all eyes are on the reaction of gold, silver and Bitcoin $ETH $SOL
$BTC 🔴 Next week will be an economic massacre in every sense of the word, and the markets will witness very large fluctuations. Here are the most important upcoming economic data: • Tomorrow, Monday, there will be no important economic data. • On Tuesday afternoon, the US job opportunities statement will be issued. • On Wednesday, it will be very important, and we may witness unparalleled violent fluctuations, as the jobs statement in the US private non-agricultural sector will be issued in the afternoon, and then in the evening, the interest rate decision in America will be issued, and this news will be followed by the US Federal Reserve’s press conference. • Thursday will be stormy for the pound, as the British Central Bank will meet and issue its decision on the interest rate, then we will conclude the day with a statement on the manufacturing purchasing managers’ index in America. • Friday will be very important and will greatly influence the movement of currencies, metals, and indices, as jobs, unemployment, and wages data will be released from the United States of America, so be very careful, my friend, the market is volatile. $ETH $SOL
🔴Summary of what Federal Reserve Chairman Jerome Powell said yesterday
When it comes to fiscal policy, it takes a long time to get a bill through.
It's too early to judge the impact of Trump's policies.
📌 I expect inflation to continue to decline toward the 2% target, sometimes on a bumpy path
📌The labor market has calmed to a point where it is not inflationary pressures
📌The Fed's independence means that its decisions cannot be reviewed
📌The economy is not sending signals that the Fed should rush to cut interest rates
👈Powell added that the strength of the US economy gives the Fed the ability to make decisions carefully.
👈He hinted at the continued strength of the labor market, and that inflation is continuing to decline toward 2%. He also indicated that the continued decline in the labor market has made it unable to threaten to increase inflationary pressures.$ETH $SOL $BTC
"Indeed, Allah and His angels send blessings on the Prophet. O you who have believed, send blessings on him and salute him with a worthy salutation." Blessed Friday.. 🌺$ETH $SOL $BTC
🔷The demand for the dollar has increased more and more since Trump's victory and yesterday after inflation data showed a return to the rise.
⬅️It rose from 2.4% previously to 2.6% actual, which may make the Federal Reserve slow down on the subject of cutting interest rates next month.
🔷In Japan, as we mentioned, the statements of the Japanese Prime Minister who said that Japan is not ready for a new interest rate hike were negatively affected.
🔷While we are waiting for the markets this afternoon at 12:30 GMT for the US Producer Price Index data.
🔷If the numbers are lower than expected, we may see a halt to the dollar's profits and a decline, and this may be likely after this strong rise in the dollar, and vice versa.
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👨🦳 Bitcoin's market cap surpasses Saudi Aramco and ranks seventh in global asset rankings.. The data indicates that Bitcoin's market cap reached $1.798 trillion, up 5.43% in 24 hours. $ETH $SOL #MarketDownturn
• High demand for the dollar with market bets that the Federal Reserve may delay the issue of a new interest rate cut after Trump's victory.
⬅️ Therefore, we see a tangible decline in currencies against the dollar, and gold also recorded a decline greater than expected with the calming of US election fears.
• However, we see that the least declining currencies against the US dollar are the New Zealand and Australian.
• The focus remains tomorrow, Wednesday, awaiting the release of US inflation indicators.
⬅️ Where the previous inflation rate was 2.4% and the expected 2.6%, so any inflation rate less than 2.6% will keep the Federal Reserve committed to the issue of reducing interest rates and the decline of the dollar.
⬅️ However, if inflation actually records a number of 2.6% or higher, the dollar will become more fierce because it will send a message to the Federal Reserve that it must stop reducing interest rates.
$BTC ✅ Financial markets are about to open. Next week will be full of very important economic data. Here are the highlights of what is coming:
👍Monday and Tuesday, no important economic data
👈Wednesday will be very important as this afternoon, inflation data on American consumers will be released, and this data will have a major impact on market movement.
👈Thursday afternoon, inflation data on American producers will have a major impact on market movement
👈Friday afternoon, US retail sales data..
🔰If you benefit from this content, following and sharing helps a lot||. $ETH $SOL
$BTC ⭕ "Indeed, Allah and His angels send blessings on the Prophet. O you who believe, send blessings on him and salute him with a worthy salutation." Blessed Friday.. 🌺 $ETH $SOL
What happens after Trump wins the election? What will it benefit the world, especially digital currencies?
🔴 After Trump's big win, everyone is wondering about his upcoming policies, especially in the Middle East: Will he end the Gaza and Lebanon wars as he promised?
👈 Trump, with his narcissistic personality and love of deals, aspires to achieve "exceptional achievements." During his campaign, he emphasized his ability to easily end conflicts in Gaza, Lebanon and Ukraine.
• Three major global events this week, the first of which is the US elections tomorrow, Tuesday, and Thursday the US interest, and expectations of an Iranian attack on Israel at any moment.
• Tomorrow 5-11-2024, the US elections will be a very long day, so far the opinion polls give very close results, meaning a division between Trump and Harris.
• Some international banks indicated that if Trump wins, this may support the dollar and negatively affect the euro because Trump will declare an economic war with France.
• The president is elected by the Senate and needs 270 votes to win.
• Some states will be decisive, such as Pennsylvania and Iowa, Iowa, which is loyal to Trump, the last poll gave a slight bias towards Harris, which increases the possibility of a split in the results.
• Then Thursday 7-11-2024 will be the date of the US interest rate decision, will the Federal Reserve cut interest by a quarter point due to the sharp decline in jobs?
• Or will the market be surprised by not cutting interest and the dollar soar?
• Finally, the expected Iranian strike on Israel, will it be before the elections to confuse the cards and disrupt the American elections or after them..!
👈 As we see, a week full of fiery events, so be careful when trading this week. $ETH $SOL
✅Next week will be crazy par excellence and we will witness movements that we expect to be the most violent during 2024
🔷As the whole world awaits the US presidential elections on Tuesday
🔷And during these elections we will witness great chaos in market movements..
🔷Then on Thursday the US interest rate decision is expected to be reduced by a quarter point...and the impact of this decision will not be easy on the markets either...
⬅️Finally, Iran has threatened a crushing response to (Israel) and the Israeli enemy expects the Iranian response to be during the US elections..
🔷So we ask you to exercise the utmost caution and care in your trading...
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$BTC 🔵May God bless your time. Here are the most important developments:
🔷The results of opinion polls in the United States indicate a close tie between Trump and Harris, and therefore the market cannot predict who will win or who will win.
🔷This division in opinion polls means that the scene is blurry, and therefore we see a state of chaos in the markets.
🔷In Japan, the Japanese interest rate was fixed, but the head of the Japanese Central Bank indicated that political events in the country will not affect the decisions of the Japanese Central Bank.
🔷Here we mean that the ruling party's loss in the elections will not have an impact on raising Japanese interest rates if the situation requires it, so we see an improvement in the yen.
🔷Today will be very important as markets are eagerly awaiting…
🔷The US jobs, unemployment and wages statement will be released at 12:30 GMT
🔷This data will have an important impact on the US Federal Reserve’s decision next month
🔰If you benefit from this content, following and sharing will help a lot$ETH $SOL
$BTC ⭕ "Indeed, Allah and His angels send blessings on the Prophet. O you who have believed, send blessings on him and salute him with a worthy salutation." Blessed Friday $ETH $SOL
$BTC 🔵May God bless your time, here are the most important developments:
🔷According to Israeli media, Iran will respond to (Israel) in the coming days and before the start of the US elections
⬅️Currently (Israel) is calling for a preemptive strike on Iran
🔷This keeps oil and gold prices stable at the present time
🔷As for the US elections, Trump's chances of winning the presidency are still higher than Harris's
🔷Of course, as long as Trump's chances are high, cryptocurrencies will witness more and more rise
⬅️Today, the markets are awaiting the release of the US Personal Consumption Expenditures Price Index data, which is one of the Federal Reserve's favorite inflation indicators, at 12:30 GMT
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• Gold records historic highs as the US elections approach next week.
• Opinion polls indicate that the competition between Harris and Trump is intensifying, which is what makes investors flee to buy gold as a hedge.
⬅️ In addition, this week, US government and private jobs data will be issued, a factor that helped increase the rise in gold for fear of an upcoming US interest rate cut.
• Today, at 3:15 Saudi time, US non-agricultural private sector jobs will be issued.
⬅️ The numbers say that the previous 143 thousand and the expected 110 thousand, so any number below 110 thousand will negatively affect the dollar because it will be a signal to the Federal Reserve to strongly reduce interest.
⬅️ The US gross domestic product will also be issued. At 3:30 Saudi time.
• Where the previous and expected is 3.0%, so any number lower than that will be negative for the dollar and vice versa. So be careful, my friend, because the market is very volatile