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[Continuing to maintain an unstable state in this regard will undoubtedly slowly shake the market's confidence. After the data was released, Reuters commented on this that monthly new housing starts in the United States and building permits fell more than expected, suggesting that the slow recovery of the housing market will remain slow for some time. The Commerce Department said housing starts fell by .% on a seasonally adjusted annual basis of 10,000 households. Housing struggled to maintain momentum even as sharp increases in mortgage rates and prices dampened demand, with shortages also weighing on the industry.
In addition, the war in Iraq is still ongoing, which has provided support to gold prices, but it has not had the impact of the Federal Reserve decision. Iraqi Sunni Islamic militants attacked northern villages inhabited by the Shiite tribe. Bqb, kilometers away from the Iraqi capital, was partially occupied by Islamic militants. Iraq's deputy prime minister said foreign countries should not interfere in Iraq's internal affairs. Previously, the US President also stated that he would not send troops to Iraq for the time being. Therefore, under the spotlight of the recent Federal Reserve decision, the market's risk aversion concerns about Iraq are gradually cooling down.
Tomorrow morning, the Federal Reserve will make its debut. This resolution covers the announcement of policy resolutions, the latest economic (, fund bar) expectations and Chairman Yellen’s speech. Its content is quite rich and important, and its impact goes without saying. Whether to release a signal to raise interest rates ahead of schedule and elaborate on the economic prospects have become the most important points to watch. If there is an optimistic statement about the economy, or even a signal that hints at an early interest rate hike in the future, it will be a positive boost for the U.S. index and suppress gold and silver. On the contrary, if there are concerns about the current economic performance or future prospects, it is expected to support the upward trend of gold and silver. In short, what is the result? Let’s wait for the resolution result to be unveiled in the early morning of tomorrow. It will still become one of the factors potentially restricting economic recovery. Qingdao International Nonferrous Metals Agent has high commission rebate conditions, good agency income, punctual commission rebates, and simple account opening. Qingdao International Nonferrous Metals Investment Promotion, Agency Rebates.
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