Goldman Sachs maintains its year-end 2027 gold price forecast at $5,400 per ounce, despite the Federal Reserve’s interest rate hikes.

The Bank of Japan (BOJ) will announce its target interest rate today. Ahead of the decision, multiple institutions have released their outlooks on the BOJ’s rate resolution, summarized as follows: Reuters: Economists surveyed by the outlet expect the policy rate to reach 1.5% by the end of March next year, and hit 1.75% in the second quarter of 2027. Most economists believe the final rate will at least reach that level. BNP Paribas: It forecasts a 25 basis point rate hike to 1.25%, followed by further increases to 1.75% in December and March next year. The BOJ may be concerned about upside inflation risks, as companies could pass on rising costs for energy, metals and chips to consumers. Goldman Sachs: Today’s decision is "a done deal", with a possible additional rate hike as early as December. High energy prices, strong AI demand, a weak yen and loose fiscal policy could all push inflation higher than expected. Japanese government bond (JGB) yields still have room to rise, as current levels do not align with Japan’s economic resilience. TD Securities: It projects a 25 basis point rate hike to 1.25%, followed by 25 basis point increases each in December this year, April, July and October 2027, lifting the target rate to 2.25%. If the guidance does not factor in rate hikes in October or December, the yen could sell off sharply, falling to the 157-160 range. Mitsubishi UFJ Financial Group (MUFG): The market expects the BOJ to raise rates by 25 basis points and signal further hikes. If the central bank does not deliver sufficiently hawkish rate hike signals, the yen could weaken. However, since the market has already priced in a total of 90 basis points of rate hikes over the next 12 months, a cautious stance from BOJ Governor Kazuo Ueda could put pressure on the yen.

According to Yu Jing Monitoring, a whale closed out a long ZEC position it had held for one month overnight, locking in a profit of $8.29 million. The whale opened the long position on August 20 at $630 per ZEC, buying 10,160 coins worth a total of $6.4 million. It liquidated the entire position early this morning at $1,458 per ZEC, generating the $8.29 million profit.

According to PeckShield monitoring, DeFi protocol Nostra has fallen victim to an oracle attack. A manipulated NSTR oracle price allowed a single account to borrow roughly $3.5 million worth of ETH, STRK, USDC, USDT, WBTC, and DAI on Nostra’s Starknet money market using NSTR as collateral. The attacker has since bridged approximately $1.92 million in stolen funds—including 234.57 ETH and 1.3 million DAI—to Ethereum.

According to Lookonchain’s monitoring, as ZEC prices rise, multiple newly created wallets have recently continued withdrawing ZEC from centralized exchanges (CEXs). Among them, address t1UcyM withdrew 15,860 ZEC (valued at approximately $22.69 million) from Binance today; address t1fXjw has withdrawn 7,081 ZEC (valued at roughly $10.29 million) from CEXs over the past two days; address t1YLeD withdrew 5,818 ZEC (valued at around $8.45 million) today; and address t1gxP4 withdrew 3,534 ZEC (valued at about $4.72 million) from Binance today.

"Fed mouthpiece" Nick Timiraos reported that Trump has long criticized the Federal Reserve for keeping interest rates at excessively high levels, but after the Fed’s latest rate hike this week, he claimed he had already approved the decision during a call with Fed Chair Walsh a few days before the policy move. According to people familiar with the matter, Trump’s call with Walsh came as a surprise to many of the president’s close advisors. This "truce" clearly signals that Walsh has temporarily reversed the previously tense dynamic where the White House viewed the Federal Reserve as an adversary. The risk is that this status quo may only hold until the Fed’s next rate hike. A senior government official noted that if the Fed decides to raise rates again in October (on the eve of the midterm elections), Walsh could face closer scrutiny from Trump and his advisors.

$ZEC is pumping! Many newly created wallets are accumulating $ZEC. t1UcyM withdrew 15,860 $ZEC ($22.69M) from Binance today. t1fXjw withdrew 7,081 $ZEC ($10.29M) from exchanges over the past 2 days. t1YLeD withdrew 5,818 $ZEC ($8.45M) from exchanges today. t1gxP4 withdrew