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Gold Retreats as Powell Tempers Rate Cut Expectations Despite Fed Easing
The Federal Reserve delivered the anticipated 25 basis point rate reduction at its latest policy meeting, yet Federal Reserve Chairman Jerome Powell's subsequent commentary introduced an element of caution that reverberated through commodity markets. While the rate cut itself aligned with market expectations, Powell's measured approach to future monetary policy—particularly his indication that a December rate cut is far from certain—prompted a modest selloff in equities, though major indices maintained proximity to record levels. The session produced a notable market anomaly: a robust rally in the U.S. Dollar ... (full story)
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From @FirstSquawk|Oct 29, 2025|7 commentsBESSENT: TODAY’S ANNOUNCEMENT FOLLOWING TRUMP’S MEETING WITH PRESIDENT XI WILL BE A RESOUNDING VICTORY FOR AMERICA’S FARMERS
From cnbc.com|Oct 29, 2025|1 commentA high-stakes meeting between President Donald Trump and Chinese President Xi Jinping could yield a breakthrough in the quarrelsome trade relationship between the two economic ...
From oilprice.com|Oct 29, 2025Trump has launched the United States’ most aggressive rare-earth and critical-minerals expansion in more than a decade, signing over $10 billion in supply-chain deals across ...
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From scotiabank.com|Oct 29, 2025The FOMC cut its fed funds target rate range by 25bps as widely expected. The new range is 3.75–4%. The end of the policy of Quantitative Tightening was announced and is to be ...
From @realDonaldTrump|Oct 29, 2025|22 comments
The United States has more Nuclear Weapons than any other country. This was accomplished, including a complete update and renovation of existing weapons, during my First Term in office. Because of the tremendous destructive power, I HATED to do it, but had no choice! Russia is second, and China is a distant third, but will be even within 5 years. Because of other countries testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis. That process will begin immediately. Thank you for your attention to this matter! PRESIDENT DONALD J. TRUMP
From finance.yahoo.com|Oct 29, 2025China has sent a clear signal that it is willing to pull the plug on subsidies for its electric vehicle industry after years of big-ticket government support fuelled a boom that ...
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- Oct 29, 2025 7:15pm Posted byFundamental Analysis214
