Global markets are showing caution this morning, following a combination of a divided Federal Reserve (FED) decision and disappointing corporate news from the technology sector.
$GOLD & $BTC (-0,04 %) Risk-Off Trend
Both traditional and digital safe-haven assets are seeing a pullback:
$BTC : Down approximately -1.8% (24h). $BTC is tracking the Nasdaq, behaving as a risk asset.
$GOLD Down approximately -0.4%. $GOLD is seeing minor profit-taking/caution despite the Dollar's weakness.
The cautious stance from the FED, which projected only one rate cut in 2026, reduces expectations for aggressive easing. This scenario pulls investors away from speculative assets like $BTC which is struggling to hold the $90,000 USD level, and leads to slight selling pressure on $GOLD as immediate inflation concerns subside.
📉 Pressure on $NVDA (-0,98 %)
Current Change: $NVDA is down approximately -1.8% in Pre-Market trading.
NVIDIA is struggling to maintain momentum, dragged down by an overall negative sentiment in the Artificial Intelligence space. The immediate trigger appears to be the earnings disappointment and cautious outlook from Oracle ($ORCL).
The Oracle Effect: $ORCL 's poor Q2 results and its plans for massive CapEx (capital expenditure) for AI development fueled investor concern about the actual profitability and return on investment within the entire AI ecosystem. As Oracle is a major purchaser of GPUs from companies like $NVDA, its troubles are sparking broader doubts about the pace of AI monetization.
The FED Factor: The reduced outlook for rate cuts further limits liquidity expectations, hitting high-growth, high-valuation stocks like $NVDA and $ORCL the hardest.
🏛️ The FED's Divided Message
The key takeaway from the latest FOMC meeting is division.
The FED cut rates by 25 basis points (to 3.50% -3.75%), as widely expected.
However, the consensus was fragmented, and the 2026 outlook implies a significant slowdown in the easing cycle. This translates to higher uncertainty and increased short-term volatility.
