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Gold, Iron Ore Forecast: Prices Hinge on FOMC, Evergrande Crisis, Steelmaking Curbs

Gold prices gain as potential systemic risks out of China’s Evergrande Group roil broader markets. Meanwhile, iron ore is ticking higher after a big drop on Monday as China steps up steelmaking curbs.

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Gold, Iron Ore Forecast: Prices Hinge on FOMC, Evergrande Crisis, Steelmaking Curbs

Gold prices gain as potential systemic risks out of China’s Evergrande Group roil broader markets. Meanwhile, iron ore is ticking higher after a big drop on Monday as China steps up steelmaking curbs.

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Gold, Iron Ore Forecast: Prices Hinge on FOMC, Evergrande Crisis, Steelmaking Curbs

Gold prices gain as potential systemic risks out of China’s Evergrande Group roil broader markets. Meanwhile, iron ore is ticking higher after a big drop on Monday as China steps up steelmaking curbs.

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Bitcoin (BTC) Slumps Through Support, Alt-Coins Crumble, Heavy Losses Seen

Bitcoin fell back through its recent Fibonacci support level and may re-test the $43k level unless dip buyers appear once more.

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USD/ZAR Outlook: Rand Tanks as Safe-Haven Assets are Bid – Evergrande

Evergrande has riled markets since last week as debt concerns grow, hitting commodities and many EM currency pairs in the process. USD/ZAR continues rally as rand falls.

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