XBTFX

XBTFX

Since the beginning of March, US Treasuries were waiting for a Fed`s clear signal over the course of their interest rate actions, and they finally got the necessary details in a statement after the FOMC meeting. The Fed is planning to cut interest rates three times till the end of this year. A few more cuts are coming in 2026. This information brought some...

XBTFX

The Fed was in the market spotlight during the previous week, as the FOMC meeting took place. The market got the information that Fed is planning three rate cuts till the end of this year, and also revised their GDP growth rate projections for this year to the upside. This was enough information for the market to regain positive sentiment and push the value of USD...

XBTFX

During the previous period a primary market concern was modestly rising inflation and moving away from 2.0% Fed's target. This could have the implication for the Fed to postpone their rate cuts planned for this year. However, in an after the meeting statement, Fed Chair Powell noted probable three rate cuts during the course of this year, as well as increased FOMC...

XBTFX

The FOMC meeting was the main topic for financial markets during the previous week. The Fed kept interest rates unchanged, as was widely expected. Still, after the meeting statement, Fed Chair Powell noted that Fed sticks with its projections of three rate cuts during the course of this year. The markets are now anticipating a first rate cut in June this year with...

XBTFX

The optimism on the crypto market still holds, regardless of the recent higher volatility. Analysts are noting generally two main reasons which stand behind it during the last two weeks. First one is BTC`s ATH, which triggered selling orders of speculative positions, as part of a profit-taking. On the other side stands a higher sell off of holdings in Grayscale...

XBTFX

Last week in the news Based on the news from the previous week it seems that major central bankers are slowly reaching their pivotal point. The Fed`s view on potential three rate cuts during this year moved the markets to higher grounds. S&P 500 reached a new all time highest value at 5.234. The US Dollar gained during the week, while gold was holding grounds...

XBTFX

Since the beginning of this year, until last week, the markets were certain that inflation is on the down-path and that the Fed might cut interest rates somewhere in May this year. However, the February inflation data made the markets rethink their initial assumptions. The inflation seems to be more persistent than initially estimated, in which sense, the rate...

XBTFX

The US inflation data were the major input for the markets during the previous week. As inflation showed to be a persistent one, the investors were correcting their previous assumptions related to timing of the first Fed's rate cuts during the course of this year. As USD was gaining in value, the price of gold experienced its corrective moves. The price of gold...

XBTFX

Inflation data published for the US during the previous week are showing that the inflation is a bit more persistent than previously expected, in which sense, the market is anticipating that the Fed might cut rates later during this year. The fear of inflation has pushed the US equities market to the lower grounds as of the end of the previous week. The S&P slowed...

XBTFX

The inflation in the US is a bit persistent, reaching 3.2% on a yearly basis in February, which was modestly above market estimate of 3.1%. Core inflation was also higher from the forecasted 3.7%, by reaching 3.8% on a yearly basis. Producers Price Index in February was increased by 0.6% on a monthly basis, much higher from the market estimate of 0.3%. At the same...

XBTFX

BTC had another volatile week, which ended with a weekly drop in price of around 2%. However, before that, BTC reached a brand new all-time-highest level at $73.4K. It was unclear what actually happened during Friday`s trading session. On one side there was a release of relatively negative data for the US inflation, where investors needed to reconsider their...

XBTFX

Last week in the news Previous week brought back inflation fears on financial markets. The US equities and tech companies ended the week under pressure considering investors fears that the Fed might take a bit more time until the first rate cut, due to persistent inflation. US Treasuries also reacted on the same issue, ending the week one more time higher by 22...

XBTFX

During the previous week the market was pricing released job data in the US. Increasing unemployment rate boosted investors expectations that the Fed's rate cuts are round the corner. Also it has been confirmed through the Fed Chair Powell`s testimony to the Senate, with wording “at some point” during the course of this year. Although, initially, it was expected...

XBTFX

For a longer period of time investors are waiting for a clear signal that the Fed will make their first move on cutting rates, or so-called the pivoting moment. It happened during the previous week at Fed Chair Powell`s testimony to the Senate, where he noted that most probably the rates will be cut “at some point”. As markets are discounting immediately every...

XBTFX

It seems like there is no relaxation for equity markets since the beginning of this year. The S&P 500 reached a new all time highest level on Thursday`s trading session at level of 5.167. This peak was again supported by US tech companies, where NVDA capitalisation was brought up to the levels above $2 trillion. Currently there are an emerging number of analysts...

XBTFX

One of the important events during the previous week was Fed Chair Powell`s testimony in front of the Senate Banking Committee. It revealed Fed`s expectations on cutting interest rates at “some point” during this year. This was important information for the markets, as they received a glimpse of the potential Fed`s moves during the course of this year. This was...

XBTFX

There was another milestone reached for BTC during the previous week. The coin managed to reach its new all time highest value, by touching the level of $70K. The coin reverted a bit after this move, however, it is still ending the week at relatively higher levels, above $68K. Current question is whether BTC might go even higher from its historical levels?...

XBTFX

Last week in the news Another week since the beginning of this year with markets reaching new all time highest values. The US equity markets continue to be driven by tech companies and expectations of the first Fed's rate cut. During the previous week Bitcoin also breached its highest level from November 2021, reaching shortly the level of $70K. Gold continues to...