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Today's Major Macro News, Gold Medal Finance 📰 10.19 News Flash


Trump announces exemptions from sanctions and tariffs on Russia, prompting a swift market reaction: oil prices fall and gold rises. This week, focus on the Fed policy meeting and PCE data.
1️⃣ Exemptions from sanctions and tariffs on Russia take effect, easing geopolitical tensions; crude oil comes under pressure and falls, while safe-haven sentiment cools somewhat.
2️⃣ Gold rises in response. Demand for safe-haven allocations remains, with prices likely to trade firm in the short term.
3️⃣ Market focus shifts to the Fed policy meeting and PCE data, which will determine the next direction for risk assets.
Summary: Easing geopolitical tensions + stronger gold. The crypto market is focused on tonight's PCE data and Fed developments.
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GLDXGLDX+0.46%
PAXGPAXG+0.04%

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