Spot Gold Extends Intraday Losses to 1%

On November 14th, a hawkish signal from a Federal Reserve official dashed the market's hope for a December rate cut in the United States. Along with a still chaotic data calendar and concerns about an artificial intelligence bubble, global stock markets and the precious metals market suffered a heavy setback on Friday. Blue-chip stock markets from Tokyo to Paris and London all plummeted sharply. New concerns about the upcoming budget in the UK added to the pain in the British market. U.S. stock index futures indicate a muted opening on Wall Street following a sharp decline on Thursday. Jeremy Stretch, Head of Foreign Exchange Strategy at CIBC Markets, said, "Our expectation of a rate cut in December is now back to a 50/50 split. Coupled with concerns about an artificial intelligence bubble, this has disrupted market sentiment stability, making this month's market sentiment highly volatile." Meanwhile, the White House dashed the market's hope for a clearer picture of the U.S. economi

November 14th: With the reopening of the U.S. government and Wall Street's shift towards safer assets, U.S. Treasury yields and the dollar have been driven down. In the meantime, the market is still awaiting economic indicators in the face of jitters in tech stocks. Today, the October Producer Price Index and Retail Sales data have been postponed. According to CME Group's data, although many investors are betting on a rate cut by the Fed in December, the probability of a pause in rate cuts is almost the same. The sell-off in tech stocks in the past few days seems likely to continue. (FXStreet)

On November 14th, as per the monitoring of EmberCN, the "3x Short ASTER" whale (0x9ee), who had previously purchased ASTER in CZ and then engaged in heavy shorting, liquidated a large short position of 4.79 million ASTER at $1.02 in the past half hour, achieving a profit of $860,000. The remaining position still holds 6.19 million ASTER with unrealized gains. Furthermore, the whale also holds long positions in ETH and XRP worth $213 million, with an unrealized loss of $9.9 million.

On November 14th, as monitored by OnchainLens, a whale address. After staking ETH for a period of 2 years, it deposited 4,037 ETH (approximately $12.66 million) into Kraken and made a profit of $5.08 million. Address: 0xa3b54dad750f5ac3cd150a07bed048686f35d627.

November 14th, spot gold dipped below $4100 per ounce, experiencing a daily decline of 1.72%. (Oriental Wealth)