Pi Network (PI) Hits $2: Could This Crucial Factor Trigger a Move to $3.14?

Recently, Trump has issued frequent statements to Iran, saying “either sign the deal or cease to exist,” while three major U.S. aircraft carrier strike groups are gathering in the Middle East. Reports indicate that Saudi Arabia is preparing for a large-scale counteroffensive against the Houthi forces, raising tensions in the Bab el-Mandeb Strait. Bank of America points out that Brent crude at around $103 sits exactly between “sporadic conflict” and “intensive fighting.” This week, factors such as Trump’s decisions, Iran’s responses via Qatar, and the developments in Yemen will determine the direction of oil prices, and the line between war and negotiations between the U.S. and Iran may soon become clear.

In the coming week, the Federal Reserve's policy trajectory will remain the core focus of market trading. The FOMC September meeting minutes, to be released on Wednesday, will provide investors with more clues to determine whether the Federal Reserve will continue raising interest rates in October.