Geopolitical Tensions on the Rise | BDSwiss Market Moves on MT4

-Israel Tensions The US has increased their criticism towards Israel after the attacks on the Iranian embassy in Syria. Furthermore, seven aid workers were killed in the Gaza Strip. The Israeli army had used a drone to attack a convoy with aid workers, which has been marked with logos to avoid confusion. Geopolitical tensions are hence on the rise and seem to increase further. Recent numbers state that the Israeli army had destroyed infrastructure in the volume of USD 18.5 billion in Gaza. Oil prices remain stable but the price of Gold is currently rising further. -US Rate Cuts According to US officials, the FED is still on track to deliver three rate cuts this year. There is currently no rush in cutting rates as bond markets suggest. For the time being, bond traders pour into bearish bets as yields continue to rise. Also, the economy shows robust gains, without any alarming signs on the horizon despite higher rates for now. The Dollar could be set to gear up steam in the coming weeks as charting patterns suggest. -Earthquake in Taiwan Taiwan has been struck by a severe earthquake. Seismologists say that this has been the strongest in 25 years. Current reports state that at least, four people have been killed and several wounded. The earthquake took place in the East with a 7.4 strength with the center being about 18km away from the city of Hualien. Several aftershocks reached a magnitude of 6.5. -Market Talk The recent strength of the Dollar came to a halt with markets retracing for now. The long-term trend still seems intact based on the monthly charts. Currencies like the EUR, GBP and AUD might hence continue to weaken against the Greenback. Also, stock markets are correcting with most indices heading to the downside. Oil prices take a break but might push higher if the USD level can be broken to the upside. Silver and Gold remain well-bid and look set for further gains today. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.