https://x.com/AnthonyOgbuefi1/....status/1829165097387
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Anthony Ogbuefi

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">?Join our <a href="https://twitter.com/hashtag/SnipCoin?src=hashref_src=twsrc%5Etfw">#SnipCoin</a> giveaway! Were giving 1 million SnipCoin to the first 20 active Nigerian users on Snipverse.Dont miss out! ? Date: 30/08/2024<a href="https://twitter.com/hashtag/snipverse?src=hashref_src=twsrc%5Etfw">#snipverse</a> <a href="https://twitter.com/hashtag/snipcoin?src=hashref_src=twsrc%5Etfw">#snipcoin</a><a href="https://twitter.com/snipverse?ref_src=twsrc%5Etfw">@snipverse</a> <a href="https://twitter.com/XPRNetwork?ref_src=twsrc%5Etfw">@XPRNetwork</a> <a href="https://twitter.com/MetallicusTDBN?ref_src=twsrc%5Etfw">@MetallicusTDBN</a> <a href="https://twitter.com/MabusXPR?ref_src=twsrc%5Etfw">@MabusXPR</a> <a href="https://twitter.com/instablog9ja?ref_src=twsrc%5Etfw">@instablog9ja</a> <a href="https://twitter.com/SaharaReporters?ref_src=twsrc%5Etfw">@SaharaReporters</a><a href="https://twitter.com/gaiuschibueze?ref_src=twsrc%5Etfw">@gaiuschibueze</a> <a href="https://t.co/xpLEpBSKHZ">pic.twitter.com/xpLEpBSKHZ</a></p> Anthony Ogbuefi (@AnthonyOgbuefi1) <a href="https://twitter.com/AnthonyOgbuefi1/status/1829165097387987391?ref_src=twsrc%5Etfw">August 29, 2024</a></blockquote>
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#marketnews

☀️ Happy Friday, dear traders! Look at the major news on this week's last trading session!

🚫 According to the WSJ, the US plans to block imports from 26 more Chinese companies. The US has already imposed tariffs on Chinese chips, minerals, and electric vehicles.

💸 According to Barkin from the Federal Reserve, inflation is decreasing, but the process will take longer. The key issue is determining how long interest rates need to be maintained at their current level.

🌐 Following the US House of Representatives, the Senate has voted to repeal SEC SAB 121, which prohibited strictly regulated financial firms from holding crypto on their balance sheets. BTCUSD has risen to 65,808.

📈 BMO has raised its year-end 2024 target for the S&P 500 to 5600 points, the highest target on Wall Street. Currently, the US50 is trading at 5301.

🇺🇸 US Representative Thomas Massie, dissatisfied with the Federal Reserve's handling of rising inflation, has introduced a bill to dissolve it.

🇨🇳 The "long" bonds China has begun issuing to finance further economic support are in high demand among foreign investors. According to Bloomberg, the auctions for these bonds have been oversubscribed multiple times.

🥇 According to Bloomberg, China continues to actively purchase gold and has begun selling US government debt at record rates. XAUUSD has risen to 2385.

🚀 The Dow Jones Industrial Average has surpassed the 40 000 mark for the first time in history. Currently, the US30 has slightly corrected to 39 896.

❓ How was your trading week? Share your opinion in the comments! 👇

➡️ TRADE WITH FBS
@fbsanalytics

#networking

⭐️ Happy Friday, everyone! ⭐️

➡️ Elevate Your Weekend with Cinema & Contemplation!

📺 This weekend, delve into gold mining and adventure with "Gold." Released in 2016 and directed by Stephen Gaghan, this riveting drama tells the story of Kenny Wells, a modern-day prospector who embarks on a quest to find gold in the uncharted jungles of Indonesia.

🎭 Starring Matthew McConaughey as Kenny Wells, "Gold" explores themes of ambition, perseverance, and the highs and lows of striking it rich. Follow Wells' journey from a down-and-out businessman to the discoverer of one of the biggest gold mines in history.

📈 This film provides valuable insights into the unpredictable nature of the mining industry and the lengths people will go to achieve success. 🥇

💡 Let this captivating story inspire you to pursue your ambitions and dreams. Enjoy the show! 🎉

➡️ TRADE WITH FBS
@fbsanalytics

#tradeidea

👉💡▶️⏩BTCUSD Technical Analysis!

💰 On the H4, BTCUSD has been very volatile lately, and a symmetrical triangle pattern has formed. Given that the indicators show unambiguous signals, two possible scenarios should be explored.

🔼 If Bitcoin breaks above the trend line and MA200 above 63000, the target for growth will be 67000;
🔽 However, if it falls below the 61000 support and breaks the lower trendline, then the price will drop to 57000;

Click 🔥 if you trade BTCUSD! Share your trades in the comments🔽

➡️ TRADE WITH FBS
@fbsanalytics

#marketnews

✋ Hello there, traders, and welcome to Tuesday's trading session! Let's check the news moving the financial markets today:

☄️ The US and its allies are intensifying the global semiconductor race, investing nearly $81 billion in advanced chip production to outpace China.

🇪🇺 The ECB hesitates to cut rates as wage growth, notably a 4.8% rise in Germany, risks keeping inflation above 2%.

🇯🇵 Japanese 20-year bond yields hit a decade peak of 1.77%, spurred by BOJ moves to cut bond purchases amid yen depreciation possibly.

📝 Sony reported a 7% drop in annual operating profit and narrowly missed its revised PlayStation 5 sales. Sony (#sony) shares are up 1.02%.

📈 Chinese tech stocks are rising ahead of Tencent and Alibaba's earnings reports today. Tencent (#tme) shares soared 11.02%, while Alibaba (#alibaba) shares are up 5.68%.

🇬🇧 The UK unemployment rate has increased to 4.3%, the highest since last summer, potentially prompting the Bank of England to consider interest rate cuts.

💡 OpenAI has launched the new GPT-4o model and a desktop version of ChatGPT, making GPT-4 free for all users.

💰 Retail participation in the current Bitcoin rally is subdued. Coinbase's trading volumes are at $56 billion, far below the $133.75 billion from the 2021 peak.

That's it for today, guys! Click on ❤️if you liked our review, and see you soon!

➡️ TRADE WITH FBS
@fbsanalytics