Your day-ahead look for Sept. 2, 2026
Source: CoinDesk
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DW NOTE
The Fed is considering raising rates while the Strait of Hormuz has been closed for 186 days, oil demand is forecast to contract for the first time in a non-recession year, and gold has fallen 17% in eight months during three active wars. That is not monetary tightening — it is monetary nihilism dressed up as inflation-fighting.
Bitcoin fell 0.4% to around $79,700 since midnight UTC while Asian tech stocks rallied. The DeFi index dropped 1.8%, and the Fed is set to begin a two-day meeting.
Amundi Says ‘Worst Is Behind Us’ as Gold Flirts With $4,000 - Bloomberg.com
Gold retreats on stronger dollar; traders brace for Fed - Kitco
The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu