Macro News: Israel and Iranβs Ceasefire and the Federal Reserve
αααααΆαααααααΆαααααΆα ααα»ααααα CNN ααΆαααΆαααΆαααααΆ “ααΆαααΆααααα αΆαααΎα’α»αΈαααααα·αααΆαααααααΆαααΈααΆαααα»αααααα’αααααΆαααααα»αααααα” αααααΊααΆααααα»ααααααΆααααΆ αααααααΆααααααΆααΆααααααΆααααααααααα’αΆααααααΌααααααα·ααΈαα»αααααα’αααααααααΈαααα»αααα’αααααααααα»ααααα α αΎαααΆααΆααααααΎαααΆααααα½αααΆααααα’αααΈααΆαααΆαααΉααααα»ααααααα αααααΆααΆαα·αααΈ Trump ααΆαα αααΆαα ααααΆαα’αα’αΆαααα αααα’αα’αΆαααΆ αααααα·ααΈαααααααΌαααΆα “ααααααΆαααΆαααααα»αα αΎα” αα·αααΆααα·ααααααααα CNN α ααααααΆαααααααααααΆαααααααΆααα·ααα·αα
ααααααΆααααα·ααα·αα
ααΆαααΈααααα·αααα Trump ααααΆααααααΆααααααα αΎααααααααααΆ “ααΆααα’α»αΈααααΆα’αα αα·αα’α»αΈααααα αααααααααααααααΆαααααΎααΆαααααΆ” αααααΆααααΈααα»ααααΆααααααααααααΆααααααΆαααααααΆααα’αααΈ “αααααααΆααα₯α‘αΌααααααΆαα αΌαααΆααααΆα” αα αααα 12:08 αααααααααα αααααΆααΆααα’ααααααα»αααααααααΎα±αααααααααΆαααΆααααααααΆααα α»αααΆαααΈααααα·αα
αααααΉαααΉαααα αααααΆααααΆααΆααααααΆαα’αΆαααα·αααα Powell ααΆαααααΉαα‘αΎααα·αααΌαααΆααααααΆα’ααααΆααΆαααααΆααααΌα αααααΊα’αΆα ααΉαααΆαααααα»ααααααααΆ αα αΌαααααα½αααααΎαααΎαααΈ “αααααααΆααααααααααααΈααΆααααα αααΆααααΆααα»α”α αααααΈααΆαααΆαααΆ αααΆαα·ααααααααααα½αααΆαα Christopher Waller αα·α Michelle Bowman ααααΈααααααααΆααααα αΆααααααααΆαα½αααα’αΆα ααΆααααααΆααααα α»αα’ααααΆααΆαααααΆααααΆαα ααΆααααααα αααααΆαα§ααααα CME Fedwatch ααΆαααα ααα½αβ 71.3% ααΆαααααα ααΎααΆαααΆαααααααα’ααααΆααΆαααααΆαααααααααΆαααααααααααΆααα 81.4% α’αΆα ααΉααααααΆα’ααααΆαα αααα»αααααααααΆα
αααααΆαααα Thu Lan Nguyen αααααΆααααααααααΆαααααΆα FX αα·αααα ααα Commerzbank “αααααααΆαααΊααΆαααΆαααα αααααΆαααΆαααααΉααα»αα’αααΈααΆαααΆαααααααα’ααααΆααΆαααααΆαααααααα ααααα’αΆαααα·α”α
ααααα·ααααααΈααααΆα
ααααααΆαααΆααααα αααααααΆαααΆαααΎαα‘αΎααααααααααααα αα 3,329 αα»ααααΆααααα»ααα½αα’αααα ααΎααααααα»α ααααααααΈααααΆαααΆαα αα»αααΆαα αααΎαααΆαααΎαα‘αΎα αααααΆααααααααααΆααααααΆαααΆαα’α»αΈαααα αα·αα’α»αΈααααΆα’ααα
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According to CNN’s exclusive news, βEarly US intel assessment suggests strike on Iran did not destroy nuclear sites,β which indicates a temporarily delayed Tehranβs nuclear program rather than fully destroying it, raising concerns about heightened regional tensions. President Trump dismissed this claim, asserting that the program was βcompletely destroyedβ and criticized CNN sources for spreading false information.
Refresh News
Looking back, Trump also repeatedly stated that βboth Israel and Iran wanted to stop the war, equally.β Last night, following hours after his announcement on “the ceasefire is now in effect” at 12:08 PM, all of these factors were keeping the gold prices lower before fully rebounding last night.
Meanwhile, the Federal Reserve Chair, Powell, reiterated holding the rate longer as expected, possibly in September, until βthe impact of new tariffs becomes clearer,β albeit other members, including Christopher Waller and Michelle Bowman, have also recently indicated they could support lowering rates. According to the CME Fedwatch tool, the odds of a 71.3% stand on the September rate cut, while leaving 81.4% in July holding.
As per Thu Lan Nguyen, head of FX and Commodity Research at Commerzbank, “Gold price is resilient thanks to speculation about U.S. rate cuts.”
The Market Reaction
Regardless, Gold prices edged higher to around $3,329 per ounce in early Wednesday, while stock markets mostly rose as a ceasefire between Iran and Israel appeared to be holding firm for a second day.