The US dollar is performing strongly due to higher inflation and economic activity, leading to expectations of more interest rate hikes by the Fed.

#USD #interestrates #Binance #crypto2023 #BTC

German 2-year bond yields have fallen below the ECB deposit rate, indicating a potential delay or pause in the central bank's plan for interest rate increases.

#ECB #interestrates #bondyields #Binance

Global economic weakness reverses interest rate trends👀

With short-positioning extremely crowded in bonds, the soft global survey data was enough to temporarily crack the higher-for-longer facade, with 2/10s bull flattening by ~6bp and yields about 10-13bp lower across the curve. On the other hand, the 10am BLS Payroll revision of -306k (vs -500k expectation) gave a temporary pause to the bond rally with the labour market still looking solid, though eventually the short-squeeze continued with the bond rally squeezing all the way into and out of the 20yr treasury auction. Technical indicators are pointing to a further bullish retracement of bond prices back to the early August lows, with perhaps Powell's Jackson-Hole speech providing a possible trigger.

#interestrates #position #curve #BLS #bond

As economic data shows weakness, the market is lowering expectations of interest rate hikes🥺

With the dataset suddenly downshifting, and standing at-odds with the Atlanta Fed's GDPNow still calling for 5.8%+ GDP, rates markets had a bit of reckoning as 2yr yield craters 16bp and the 2/10s yield curve bull-steepeneed by 7bp. November hiking odds dropped from a high of 47% down to lower 30%, as sell-side banks reported a wrath of short-covering flows throughout the whole day, culimating with a massive squeeze into the 7yr bond auction which came -2bp through the screens at 4.212%, with $95.9bln in bids for a strong 2.66x bid to cover ratio, the strongest since January.

#Economic #interestrates #GDPNow #curve #bond

Cointelegraph points out that the easing of U.S. inflation could potentially be a temporary situation, and the market should not assume that the Federal Reserve (Fed) has completely conquered inflation. If inflation remains in the 3.5% range into the next year, there is still a possibility of further interest rate hikes. Despite the recent decision by the Fed to hold interest rates steady at the December Federal Open Market Committee (FOMC) meeting, there are concerns that the battle against inflation is not yet over, and the economic outlook does not currently signal a slowdown that might lead to an interest rate cut next year. Investors, including those in the cryptocurrency market, should remain vigilant and monitor economic developments and central bank actions for potential impacts on asset prices and interest rates. 📈🏦🌐 #Inflation #FederalReserve #interestrates #cryptocurrency #EconomicOutlook

The U.S. Internal Revenue Service draft: Digital assets will inject $28 billion in tax revenue into the treasury🤨

The US IRS has released a draft proposal (Form 1099-DA) which requires digital asset brokers to comply with the same information reporting rules consistent with other financial instruments, which is expected to net $28bln in tax revenues to the US over the next decade. Expect to see more crypto development interests move out East in the wake of these proposals, as the Biden Administration has made itself very clear on where it stands on how digital assets will be treated on US shores.

#interestrates #IRS #digitalassets #Crypto #tax

The U.S. market is quiet, with expectations of interest rate hikes building up🧐

Yesterday was a completely non-event day for US markets without any data or event of note. Treasury yields continued to grind higher and 10y yields tested the post NFP highs of ~4.20%. Fed pricing remains at <10% chance of a hike in September, and creeping up to just 30% by November before topping out.

Equities bounced marginally after a tough week last week, led by a rebound in tech stocks which were battered last week. Volumes were down substantially across the most asset classes with the exception of USDCNY FX.

#USmarket #interestrates #NFP #USD #CNY

🚨 **Breaking News:** Bank of Korea Maintains Base Interest Rate at 3.50% Per Annum for the Eighth Consecutive Time, Keeping It Unchanged Since a Raise from 3.25% in January Last Year! 🏦📉💰 #BankOfKorea #interestrates

#Btc Dominance hit alts hard. Market focused bitcoin with Etf expectancy. Still this altmare will end aslike any other trend and rehearsal will start. When? I don't know. Only thing i know that none of the trend is endless. Halving is closing, interest rate will be cut. Etf's will bring adoption to the crypto world.
Split your investment. Follow binance monitoring tags in case of delists and prepare for bull run.
#Altcoins
#BitcoinEtf
#interestrates
#Monitoring

📢 Hot Off the Press! Federal Reserve Holds Firm on Interest Rates in March 🔒💵

🌐 Breaking News: According to CME Watch, the Federal Reserve is set to keep interest rates steady in the 5.25% to 5.50% range for March, boasting a solid 96.0% probability. Only a slim 4.0% chance of a 25 basis point rate cut, per CME's 'Fed Watch' data.

📊 Amidst ongoing economic uncertainties and market swings, the Federal Reserve stands strong in its commitment to maintaining stability. With a primary focus on ensuring price stability and maximum employment, the central bank's decisions are pivotal in determining the right interest rate levels.

💼 Why Does it Matter? The Federal Reserve's moves send ripples through the global economy, influencing borrowing costs, shaping investment strategies, and impacting currency values. 🌐✨

🌍 Stay in the Know: Investors and policymakers around the world are keeping a keen eye on the Federal Reserve's actions, recognizing their profound implications for the financial landscape.

💹 Buckle up, as the Fed's decisions continue to play a crucial role in shaping the economic trajectory. Stay tuned for more updates! 🚀💼 #TrendingTopic #Writen2Earn #interestrates #EconomicNews

As the Federal Reserve reveals its first interest rate decision of 2024, the crypto world holds its breath! Will the rates remain steady, or will we witness a shift?

Discover how this crucial decision could sway the tides for Bitcoin and the broader crypto market. Dive into our latest article on Binance Square for an analysis and a glimpse into Bitcoin's potential path post-announcement. 🌐📈

Check out our exclusive chart showcasing Bitcoin's possible trajectory in response to the Fed's decision. Stay ahead of the curve with The Crypto Sage's insights, where knowledge meets the blockchain. Don't miss out on this pivotal moment – read now and stay informed! 🌟🧠
#FedDecision  #BitcoinForecast #CryptoInsights #BTC🔥🔥 #interestrates $BTC $ETH $AVAX

Rising interest rates suppress the stock market, with technology stocks leading the drop😿

The higher-for-longer narrative continued to weigh heavily on equities, particularly on high-growth sectors and unprofitable companies. Energy was the only SPX subsector to be in the green yesterday, with Tech (-1%) and consumers (-1.6%) leading the move lower yesterday. Citi's index of "unprofitable tech" index fell by -3.3% yesterday, while the Russell 2000 dropped for the 8th consecutive session to the lowest levels since July.

#interestrates #technology #stock #energy #SPX500