Markets Remain Sideways | BDSwiss Market Moves on MT4

-US – China Talks In a recent effort to foster diplomatic relations between the two nations, U.S. Treasury Secretary Janet Yellen visited China. However, during discussions, she explicitly warned that any form of Chinese support for Russia’s invasion of Ukraine would lead to sanctions against Chinese banks operating in the United States. Meanwhile, remarks from the UN’s nuclear watchdog have raised concerns about the potential for a nuclear disaster. Following the attack on the Zaporizhzhia power plant by drones on Sunday, the risk of such a catastrophe is deemed imminent. Against this backdrop of escalating geopolitical tensions, Gold prices continue to surge. -JPMorgan Issues According to James Dimon, CEO of the US investment bank JPMorgan Chase, AI technology poses the most significant threat to his bank. During his annual statement to shareholders, Dimon warned that virtually any job could be affected by AI. He emphasized that both businesses and society as a whole would experience significant impacts from the widespread adoption of artificial intelligence. Despite these concerns, the bank’s share price is currently trading near its all-time high of USD , although some profit-taking may occur. -EU Visas Previously, obtaining an investment visa in certain European countries was relatively straightforward. However, Spain is now planning to discontinue its golden visa program amid concerns about escalating property prices. Similarly, Portugal and Ireland have halted similar processes tied to property purchases. Conversely, Greece is raising the minimum investment required to purchase property. In Spain, for instance, a minimum of EUR 500,000 was previously required, a program frequently utilized by affluent Chinese investors. -Market Talk The US- Dollar maintains a modestly weaker stance this week, lacking significant momentum. However, precious metals are gaining traction amidst escalating geopolitical tensions, which could also be contributing to the continued upward trajectory of oil prices. Both BTC and ETH appear poised to resume their uptrends, while stock markets show signs of positivity for potential upward movement. Markets may be exhibiting a waiting pattern ahead of significant central bank announcements expected tomorrow and Thursday. 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.