The post AI markets bounced despite war risk – Can it hold? appeared on BitcoinEthereumNews.com.
Markets had two problems to digest: the FOMC minutes and a fresh wave of war headlines. The first event may already have been priced in, as it is merely a summary of the previous Fed meeting – traders already knew the Fed was not rushing back into rate cuts. The bigger pressure came from renewed geopolitical risk, which pushed oil and yields back into focus and hit risk sentiment early in the session. Yet the AI markets have been recovering. That suggests that risks were largely priced in. Nasdaq/US two-year yield ratio is range-bound The cleaner chart is USTEC/US02Y on the 4H timeframe. It shows whether Nasdaq strength is improving relative to front-end yield pressure. The ratio bounced from the lower end of its recent range, but it is now reacting near the 100 EMA band. That makes the next move important. A push back above the range midline near 7,200 would suggest the AI bounce is gainin
The post British Pound elevates despite firm US claims appeared on BitcoinEthereumNews.com.
GBP/USD trades higher near the 1.3400 area on Thursday, as the US Dollar (USD) fails to find support from stronger-than-expected United States (US) jobless claims data and hawkish signals in the latest Federal Open Market Committee (FOMC) Minutes. United States (US) Initial Jobless Claims fell to 215K, below expectations of 218K and the previous revised 217K, while the four-week average eased to 218.75K from 222.5K. However, Continuing Jobless Claims rose slightly to 1.814 million from 1.806 million, suggesting that while layoffs remain limited, workers are still taking longer to find new jobs. The Greenback also remained supported after the FOMC Minutes showed that policymakers were divided on the inflation outlook, with some officials seeing a case for tighter policy if price pressure remains elevated. A few Fed officials reportedly saw a case for a rate hike at the June meeting, reinforcing t
The post European Central Bank: September hike prospects stay firm – Nordea appeared on BitcoinEthereumNews.com.
Nordea’s Jan von Gerich argues that the European Central Bank (ECB) is likely to continue tightening policy, with the outlook heavily dependent on Middle East developments and energy prices. He notes that a July move is now unlikely after lower inflation and falling Oil, but sees a September rate hike as probable, in line with current market pricing. ECB path tied to energy risks “The ECB outlook still hinges to a large extent on the developments in the Middle East and in energy prices.” “While a July hike is likely to be off the table without a significant jump in energy prices, a September rate move looks much more likely.” “However, the account supported the view that even a quick end to the conflict would not automatically mean that the ECB would be done hiking rates.” “The major fall seen in energy prices on the back of hopes of a peace in the Middle East and lower-than
Poland's gold acquisition strategy highlights a shift towards asset diversification and geopolitical risk management, influencing global market dynamics.
The post National Bank of Poland buys billions in gold as prices dip appeared first on Crypto Briefing.
The post Singapore Dollar: Upside risks building as USD stays firm – DBS appeared on BitcoinEthereumNews.com.
DBS Group Research economist Eugene Leow warns that shorter-term Singapore Dollar (SGD) rates may face upside pressure despite recent flush liquidity. He notes SGD rates have decoupled from USD rates, with spreads stretched, while Fed hike expectations remain sticky and the USD strong. Leow highlights USD/SGD near 1.30 and Monetary Authority of Singapore (MAS) policy decisions as key factors for SGD rate repricing. Shorter-term SGD rates face upside risks “We continue to be wary about upside to shorter term SGD rates. Over the course of the past six quarters, market participants have gotten used to very flush SGD liquidity and persistent belief in USD weakness keeping frontend SGD rates low.” “In some ways, SGD rates appear decoupled from USD rates and the spread between the two has become even more stretched. There are some hints that risks to SGD rates may be biased to the up
The post South Korean Won: Gains hinge on supportive flows against US Dollar – OCBC appeared on BitcoinEthereumNews.com.
Christopher Wong notes that Korean Won strength remains largely flow-driven, with USD/KRW dropping below 1,500 on offshore fund repatriation and official vigilance. While bearish momentum persists, Wong expects the pullback to moderate and sees a sustained break below 1,500 as requiring a benign backdrop for the Dollar, Oil and equities. Flow-driven strength faces key levels “KRW continued to outperform, with USD/KRW falling from almost 1,560 at the start of the month to sub-1500 briefly yesterday before rebounding. The move looks flow-driven rather than risk or macro-driven.” “KRW strengthened despite a less friendly macro backdrop, including the oil spike, renewed geopolitical concerns and KOSPI underperformance. USD/KRW appears to have been weighed by inflows and repatriation of funds raised offshore, while official vigilance has also stayed high as Korea shifts i
The post Fed’s Williams: Inflation is still ‘far too high’ appeared on BitcoinEthereumNews.com.
Federal Reserve (Fed) Bank of New York President John Williams said in the Future of Market Liquidity and Functioning Workshop in New York on Thursday that inflation remains “far too high,” while stressing that policymakers are actively debating different inflation scenarios as energy prices, artificial intelligence investment and productivity trends shape the outlook. Key takeaways: Inflation is still “far too high,” keeping the Federal Reserve focused on the risks to price stability. Markets still expect Oil prices to decline over the next six to 12 months. Monetary policy remains focused on how energy prices feed through into inflation. AI investment is currently driving inflation, adding to demand and cost pressure. The Fed is actively debating various inflation scenarios as uncertainty remains elevated. Williams said the latest Fed Minutes captured a “collective reaction function,” refl
Escalating Gulf tensions highlight the fragility of global energy security and underscore the vulnerability of risk assets like cryptocurrencies.
The post Saudi Arabia and GCC condemn Iran’s attacks as oil surge rattles crypto markets appeared first on Crypto Briefing.
Iran's oil export surge amid US tensions could destabilize energy markets, impact inflation, and trigger regulatory scrutiny on crypto.
The post Iran ships 10 million barrels of oil amid US blockade threat, rattling crypto and energy markets appeared first on Crypto Briefing.
