Something must be wrong when things are out of the ordinary, something big is starting to happen!!!
Gold broke through the record high, reaching over $2,600, the three major U.S. stock indexes all opened higher and ended higher, and commodities were all in the green. What stimulated the U.S. dollar assets? Let's talk about the reasons below.
The primary reason is that the Fed has started warming up for a rate cut ahead of schedule! The probability of a 50 basis point rate cut has risen from less than 20% to 49%. What has caused the Fed to change its view so drastically?
Wall Street Journal reporter Nick wrote a series of articles, saying that the Fed is in a dilemma. The high interest payments and the US economic recession have put the Fed in a very awkward dilemma. It must make a decision on September 18, and it is appropriate to cut interest rates by 25 basis points. Then he wrote another article citing a suggestion from a famous consultant around Powell: the rate cut was originally planned to be 100 basis points this year, so why not start with 50 basis points? This will make the US economy improve faster.
The Financial Times of the United Kingdom also published an article saying: The Federal Reserve is speaking, and the probability of a rate cut of 25 and 50 basis points is 50-50.
Dudley, former No. 3 official at the Federal Reserve and chairman of the New York Fed, also made a public statement, supporting a 50 basis point rate cut.
These consecutive speeches and actions by key figures were all arranged, and Powell must have communicated and authorized them in advance.
These comments were all meant to test the market’s reaction. The market responded very positively and the price rose accordingly. Everything is going according to plan!
The captain gave a trading suggestion this week. BTC can be opened for spot trading when it is below 56,000, and the opportunity to open a position is also given at 55,500 points. Teammates who have opened a position can currently hold their positions and wait and see. There should not be too much volatility before the interest rate cut due to the US weekend and the Mid-Autumn Festival holiday in China.
It's helpful. Click to follow. Follow the captain and don't get lost. #美联储何时降息？ #BTC☀ $BTC #内容挖矿
