Goldilocks’ Comments and Global Economic News for Sunday, September 3, 2023
Good morning,
For the last 2 weeks, there have been gains in the Futures Market for gold.
The Futures Market give us an indication of where price patterns are going for an asset. They give us direction on where the markets are going.
Remember, gold supports the economy during critical and transitional periods.
At the same time, we have Banks returning to the debt markets this week with higher Capital requirements to aid them during critical moments of stress.
It is here that the rubber meets the road, and we are going to find out if those higher Capital requirements will do their job.
© Goldilocks
https://www.fidelity.com/learning-center/trading-investing/trading/using-futures-as-indicator
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The Treasury is COMING For Crypto!! End of DeFi in the US?!
https://youtu.be/S8xA_ABclrE?feature=shared
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Soroban, Stellar (XLM) Development Foundation’s smart contract platform, is getting close to its official mainnet launch after more than a year in public preview releases. The milestone may eventually prove considerable for Stellar (XLM) by increasing its utility and use cases.
Notably, Soroban offers Turing-complete smart contract functionality that powers Stellar’s (XLM) blockchain. The platform unlocks new utilities for Stellar (XLM) as gas for operating these smart contracts and supporting innovative DAO and DeFi projects. On that note, Soroban can considerably expand Stellar’s (XLM) ecosystem.
https://captainaltcoin.com/from-beta-to-boom-borroes-25-surge-leaves-monero-xmr-stellar-xlm-behind/
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India will play an important role in trade realignment globally: Former U.S. Assistant Commerce Secretary Arun Kumar
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The G20 meeting is just around the corner. On September the 9th through the 10th of 2023, a group of 20 countries have been selected to analyze data and recommend movement forward for the global economy.
The following are the items on their agenda:
agriculture
anti-corruption
culture
digital economy
disaster risk reduction
development
education
employment
environment and climate sustainability energy transitions
health
trade and investment
and tourism.
The digital economy is going to be one of the highlights of the meeting. New policies and recommendations are expected.
© Goldilocks
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Singapore, Singapore–(Newsfile Corp. – September 1, 2023) – XDC Trade Network, a complete suite of dApps that aims to redefine the global trade finance Industry by digitalising trade documents and improving access to capital for SMEs has completed an important milestone as part of efforts to increase compliance in their solution.
https://finance.yahoo.com/news/xdc-trade-network-enhances-compliance-155400374.html
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Shipping Container Coatings Market: Protecting Cargo and Preserving Sustainability
https://xherald.com/market-news/shipping-container-coatings-market-protecting-cargo-and-preserving-sustainability/
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