Positive news from U.S.-China trade negotiations drives improvement in market risk appetite
According to Deep Tide TechFlow, Andersen, co-head of fixed income and foreign exchange research at Danske Bank, stated that after positive news from the U.S.-China trade negotiations over the weekend, the trend of improving market risk appetite since last week is expected to continue this week.
Andersen pointed out that over the past week, the market has shown a warming risk sentiment, mainly due to initial signs of easing in the trade war. U.S. Treasury Secretary Becerra stated that the talks were productive and revealed that the U.S. would announce more details on Monday.
The big bull of Ethereum $ETH is breaking through 2150 US dollars. The big coin has been consolidating for a few days, and it is estimated to be sent up soon.
$ETH Federal Reserve Chairman Powell: For the time being, the decision to wait seems quite clear. As events develop, we can take action swiftly at our discretion.
$ETH Federal Reserve Chairman Powell: The current inflation rate is slightly above 2%, and the data for housing and non-housing services is quite good.
Chairman of the Federal Reserve Powell: If there is a conflict between the dual objectives, consider the distance between the objectives and the time to bridge the gap.