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[Market Morning] US Economic Data Collapsed, the Iran Nuclear Deal May be Reached, US Oil Plummeted Nearly 6% in Intraday Trading, and Gold Plummeted Nearly $30

[Market Morning] US Economic Data Collapsed, the Iran Nuclear Deal May be Reached, US Oil Plummeted Nearly 6% in Intraday Trading, and Gold Plummeted Nearly $30

In early Asian trading on August 16, the U.S. dollar index traded around 106.50; the U.S. dollar continued its gains on Monday, rising nearly 1%. Federal Reserve officials have maintained a hawkish tone, and the economic data of major Asian countries has exacerbated concerns about a global economic recession. Boosted risk aversion; gold prices fell more than 1%, hitting the lowest in a week; oil prices fell more than 4%, demand concerns and Iran will respond to the "final" draft text of the Iran nuclear deal, the market remains cautious.

Eden 2022-08-16 09:30:00
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