Markets News
US AI blockchain stocks plummeted, severely impacting the Nasdaq. Have you noticed these signals?
· The World Gold Council reports that global gold ETFs continue to expand, with net inflows of $2.7 billion in October. This news is bullish for gold. · US AI blockchain stocks plummeted, severely impacting the Nasdaq. This news is negative for the AI sector and the Nasdaq index. · The Bank of England raised interest rates by 25 basis points to 4.00%, the first rate hike since August 2023, in line with market expectations. This news is positive for the pound.
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