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China has plans to invade Taiwan next fall - Al Jazeera

China has plans to invade Taiwan as soon as next fall, reported Al Jazeera in a tweet citing Newsweek on a Russian intelligence document. Traders are treating the report with skepticism. Many geopolitical analysts had viewed recent geopolitical events regarding Russia's invasion of Ukraine as likely to dissuade China from mounting an assault on Taiwan in the near term (i.e. the strong Western response, Russia's difficulties in achieving its military goals amid unexpectedly spirited resistance).  

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Joel Frank

Joel Frank

Independent Analyst

Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst since 2018, specialising in the coverage of how developments in the global economy impact financial asset

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Gold is struggling to capitalize on a weaker US Dollar, after repeatedly failing to establish itself above the $4,200 level. The precious metal remains confined to a relatively narrow trading range despite a combination of developments that would normally support higher prices.

The US Dollar fell. Gold didn't rally. That tells you everything
Gold (XAU/USD) is struggling to capitalize on a weaker US Dollar (USD), after repeatedly failing to establish itself above the $4,200 level. The precious metal remains confined to a relatively narrow trading range despite a combination of developments that would normally support higher prices.