Markets News

Federal Reserve Governor Cook officially sues Trump, gold hits five-week high!

Federal Reserve Governor Cook officially sues Trump, gold hits five-week high!

· Fed Governor Waller: Supports a 25 basis point rate cut at the Fed's September meeting and expects further rate cuts in the next 3-6 months. This news is negative for the US dollar. · Undeterred by US tariff threats, India's Russian oil imports in September are expected to increase by 10% to 20% month-on-month. This news is bullish for crude oil. · The Swedish government plans to lift the ban on uranium mining on January 1, 2026. This news is bullish for crude oil.

TOPONE Markets Analyst
2025-08-29 08:15:48
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