RATE Group | Sell-offs in gold, oil and Bitcoin following Mid-East calm, central bankers eyed
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Sell-offs in gold, oil and Bitcoin following Mid-East calm, central bankers eyed

09 Jan Sell-offs in gold, oil and Bitcoin following Mid-East calm, central bankers eyed

Posted at 08:23h in Bitcoin News by

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Here is what you need to know on Thursday, January 9:

Mid-East tensions have significantly calmed as the US and Iran step back from the brink of war and despite several Katyusha rockets falling in Baghdad’s tightly secured Green Zone. President Trump announced new sanctions against Tehran but also called for fresh negotiations following Iran’s retaliation. Missiles sent against American bases in Iraq seemed aimed to miss. 

Stock markets are on the rise while oil and gold prices tumble down from the highs. USD/JPY has risen above 109 and AUD/USD has recovered as well. EUR/USD and GBP/USD have failed to pick a clear direction.

Chinese consumer inflation stood at 4.5% yearly in December, below expectations. Soaring pork prices are behind the high levels while producer prices remain negative at -0.5% yearly – a sign of a slowdown. 

Brexit: The EU and the UK remain far apart following a visit by European Commission President Ursula von der Leyen to Prime…

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