• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
August 25 – According to the Associated Press, the Trump administration is preparing to revoke the business and tourist visas of up to 200,000 foreigners who have applied for or are seeking asylum in the United States. If implemented, this would be the largest single visa revocation in U.S. history and is likely to face legal challenges. According to documents from the U.S. State Department obtained by the Associated Press and two U.S. officials, the State Department is expected to announce in the coming weeks the revocation of so-called B1 and B2 visas issued between 2016 and 2026 that the holders of which have applied for or are seeking asylum. This move will be coordinated with the Department of Homeland Security. A State Department spokesperson stated, “We are working with the Department of Homeland Security to identify and revoke nonimmigrant visas of foreigners who claimed to be short-term visitors but subsequently applied for asylum to remain permanently in the United States.” He declined to comment on the number of visas that might be revoked, saying, “Because this process will continue, the number of visas revoked will change and will be processed on a rolling basis.” U.S. officials stated that visa revocation does not necessarily mean immediate deportation; most of those currently awaiting asylum applications will be reclassified but will lose their business or tourist status.According to the Associated Press, the United States is preparing to revoke up to 200,000 business and tourist visas.On August 25, the Israel Defense Forces and the General Directorate of National Security (Shin Bet) issued a joint statement on the 24th, stating that the Israeli military struck two weapons depots belonging to the Palestinian Islamic Resistance Movement (Hamas) in the Gaza Strip that day.Modular power company Aggreko has filed for an IPO, seeking to list on the New York Stock Exchange under the ticker symbol "AGKO".On August 25th, Mokhber, an advisor to Irans Supreme Leader, stated on social media on the evening of the 24th that Irans response to US threats will be more resolute than ever before. Mokhber wrote on his social media account that the USs hostile strategies over the past 47 years, including sanctions, war, and attempts to divide Iran, have failed to achieve their intended results. Now, the US faces the challenge of internal unity within Iran and its deterrent capabilities in the Strait of Hormuz. He said, "This strategic failure is a clear warning to the US to continue making misjudgments," and Irans response will be more resolute than ever before.

Gold Price Prediction: XAU/USD oscillates about $1,650 as DXY recovers recent losses

Alina Haynes

Oct 25, 2022 15:24

 截屏2022-09-23 下午2.30.52.png

 

Gold price (XAU/USD) is indecisive while rebounding from intraday lows to $1,650 ahead of Tuesday's European session.

 

Nevertheless, the yellow metal attracted purchasers earlier in the day due to a weaker U.S. dollar, but the currency's recent resurgence looks to have weighed on the price recently. It should be mentioned that unfavorable concerns regarding China, one of the world's largest gold consumers, have recently posed a threat to the pricing of precious metals.

 

In the absence of Fed-speak, the US Dollar Index (DXY) gains bids to reclaim the 112.00 mark while trimming its first weekly loss in three weeks. It should be emphasized that the Fed's aggressive rhetoric and weak US PMIs also support the DXY's safe-haven appeal.

 

China's efforts to protect its struggling economy and worldwide pessimism regarding Xi Jinping's third term, not to mention Hang Seng's decline to a 13-year low, impose downward pressure on market mood and the XAU/USD exchange rate.

 

US 10-year Treasury rates continue under pressure around 4.21 percent, down two basis points (bps), while US stock futures and Asia-Pacific markets are moderately bid.

 

Moving forward, second-tier US Housing data and Consumer Confidence indicators may delight gold speculators before Thursday's third-quarter US Gross Domestic Product report (Q3).