Hawkish Fed repricing: December hike, gold targets cut, S&P weakness
Goldman now expects a December hike and cut its gold targets. S&P futures broke key support and Taiwan limited short selling, while crypto traders are watching payrolls and a possible hike.
What we know
Goldman cut end-2026 gold to $4,150 and expects a December hike. S&P e-minis broke below 7,386. Taiwan imposed a short-selling limit. On crypto, Daan sees ETH stuck at the.618 and 200MA, and George targets a return above $90k BTC. Zfx says the S&P trades like alts.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.