JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
October FOMC statement can best be seen as FED's take on punch to the skeptics and clearing the air of FED's intention. Though the actual uncertainty prevailed over, when the FED will actually be able to hike for the first time, there couldn't have been a clearer message over their intention.
Clear message 1
- FED sent a strong signal that they are going to hike rates at the first chance, when circumstance approves by keeping the December hike option in place. FED has been exclusive in mentioning the "Next" word, referring to December meeting and suggests they would evaluate situation to consider whether to hike or not.
Clear message 2
- FED is confident over US economy. Shrugged off recent NFP weakness by suggesting labour market slack/underutilization diminishing. Moreover strengthen its language regarding consumer spending and business fixed investment to solid.
Clear message 3
- FED not too concern over Dollar. It fairly accepts that monetary policy divergence is likely to strengthen Dollar. This meeting came after ECB's announcement to act (almost likely) in December, which would inevitably strength Dollar whether FED hikes or not. Even then rate hike is on the table.
Clear message 4
- China seems to be less of a concern now along with emerging markets. FED loosened the language to just "monitoring" international developments.
Dollar has naturally strengthen over the board and probability of a hike in December has moved up considerably. Dollar index is currently trading at 97.39, down -0.25% today so far.
