This week we will see more volatility depending on the future explanations for tariffs. BTC After exceeding 110 thousand dollars, it turned its direction down and is now in $ 109 thousand. Although the employment data was strong, there was already a dominant interest rate reduction expectation in July, so its deepening deepening will be speculative. So what does the Treasury minister say?
US statements and crypto currencies
After Wednesday, we will no longer ask the question of how much will be related to tariffs. We will talk about how much permanent rates affect inflation. The EU is still insisting on it and today “every option is on the table” and made a closed threat. Treasury minister said that countries should hurry in order not to return to the rates in April.
“As far as we have seen so far, customs tariffs did not cause any harm. I will adhere to the view of the market, not economists.
Vietnamese trade agreement I understand it is completed in principle. Vietnam’s customs duties of 20 %are not added to over 10 %. 20 %, mutual ratio for Vietnam. Customs duties can lead to a one -time price increase.
We will see more trade agreements. Countries should be careful. Tariff rates may return to the numbers on April 2.
This morning EU I met with trade officials. We will see what we can do with the EU. US Trade Representative Greer will meet with the EU at the weekend.
Japan is in a difficult situation due to the upper parliamentary elections. Approaching elections in Japan may restrict negotiations.
In general, the employment report contains good figures. We will see that things will accelerate until the Labor Day in September. There are currently very high real interest rates. “
The statements made by the Treasury Minister do not contain hopeful details about the EU in the short term. crypto- It is not very positive in terms of.
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.
