The ceasefire was provided and negotiations about the tariffs continue. Chinese tension has ended and time has come. Crypto currency The thing that investors should see is that the Fed is now taking steps by saying, uz We are downloading interest rates ”. For this, we should not see a sharp rise in inflation, and the future data on Friday will be an important signal.
June 27 and crypto coins
As we have warned on Friday, US personal consumption expenditures will come. This data Fed watched inflation It is extremely important because it is an indicator. The tariffs that were activated in April increased the price of products in many items, with the base of 10 %. Companies melt their stocks and prices are starting to increase. In terms of seeing the effect of tariffs on inflation, Friday’s PCE data The key is important.
In the last 6 days, 3 Fed members pointed to July for the interest rate reduction, 2 of them, if there is no increase in inflation, interest should be descended, he said. However, on Friday, the first member Waller demanded a discount on the point of creating new job opportunities, there should be a serious decline in interest rates.
On Friday, June 27, the expectation for PCE data was 2.3 %per year and the previously 2.1 %. The Fed’s target is 2 %and the previous data is quite low, making the rise of 0.2 points tolerable. But if there is more, the Fed members will say let’s wait for September. In the best scenario, data income is 2.1 %and below, and then we see that interest rate cuts start to pricing in crypto currencies. The expectation for the core PCE was 2.6 %and the previous 2.5 %.
So what’s the last situation? Long -term treasury bonds perform low. Oil has recovered after 2022 after the largest two -day decline. The dollar index has landed for the lowest level of the last 3 years. SPX ACE level below. Today Nasdaq 100 has reached AC level today, and NVIDIA has succeeded in breaking records. The Russell 2000 index fell by 1.2 %in alert, and this is an index with positive correlation with subcoins.
The interest difference between 30 and 5 -year bonds is at the levels seen in 2021. Planting in the return curve Fedreflects the expectation that it will start interest rate cuts.
Will crypto coins rise?
Despite the latest rally, the funding rate is still low. This tells us that we can get support for further rise on the futures side. In other words, even though the markets give burnout signals on the rise in stocks in crypto coins More is possible.
Daancrypto said that the jump from the support point was promising by sharing the total market of crypto currencies, which shows the total market value.
“Crypto market value has jumped at the lock level and has been rising since then. This is a good indication of the general ascension moment.
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.
