Increased the US debt ceiling from 36.1 trillion to 40.1 trillion led to the receipt of mixed signals in the financial markets. This situation led to a decrease in the 10 -year Treasury bond interest rate, while market participants evaluated that the decision would reduce uncertainty in the near term.
Market indicators
It was observed that the stock market indices and the crypto asset market lost value despite low bond interest rates. While the S&P 500 and NASDAQ100 indices decreased by 3 %and 5 %, respectively, BTC declined significantly. This may give signals to the reduction of risk appetite and the increase in economic slowdown fears.
Economic data and trade tension
Data released from the US, the consumer confidence index showed a decrease. According to Michigan University, there is a decline in 64.7 in February from 71.7 in January. The decrease in 4.9 %in existing housing sales and the decline in the PMI index indicate that the growth in the private sector is stagnant.
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In the field of commerce, the customs duties to be applied to the country, Canada and Mexico and additional measures against the European Union and Chinese goods came to the agenda. While these developments increase market curiosity, it causes economic uncertainty to deepen.
“Washington policies caused a rapid decrease in consumer trust, Chris, Chris Rupkey, Chris Rupkey, Chris Rupkey, the FWDBONDS chief economist.
Chris Rupkey: “The economy can take an unexpected blow due to existing policies.”
Market experts, expanding global M2 liquidity supply can provide support to crypto currency markets in the long term, he said. “Global liquidity is strengthening, crypto currency will soon trace it, Kr said crypto analyst Crypto Rover. Other experts, although the fluctuation continues in the short term, emphasized that corporate investors should not miss the upcoming liquidity wave on a large scale.
Crypto Rover: “Global liquidity is strengthening. Digital money will follow. “
Jeff Park: “Value may fall in the short term; The biggest wave will come this year. “
Jamie Coutts: “Liquidity indicators are positive. Historical data support for crypto currency. ”
Observations indicate that existing economic data and commercial tensions can reduce risk appetite in the markets. The cautious approach in the Central Bank’s interest policies can be considered as a development that must be carefully followed for investors who want to evaluate the long -term effects of expanding liquidity.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
