Lee Hardman, an analyst at Mitsubishi UFJ, said in a note that heightened policy uncertainty under the Trump administration had raised doubts about the dollar's safe-haven role. He said Trump's rhetoric that the economy would have a transition period and that he planned to impose further tariffs had weighed on risk appetite. "If risk aversion continues to intensify, will the dollar weaken further as US yields and US equities fall (a relationship that has been in place since the start of the year...
The CEO of First Digital said that the priority of the United States to make bitcoin a reserve asset not only solidifies its position as a digital gold, but also sets a precedent for the global acceleration of the development of regulatory frameworks and the promotion of institutional adoption. This move is bound to provoke various reactions from regulators around the world. For those countries that are in line with US policy, it may accelerate the establishment of their own national strategic r...
Kara Calvert, head of US policy at Coinbase, said she was "not at all concerned" that Mr. Trump did not mention cryptocurrencies in his inauguration speech and said Coinbase would be "neutral" in considering new listings after Mr. Trump launched his own Meme coin.
China's economic stimulus policies and the escalation of the situation in the Middle East have supported oil prices to a certain extent; analysts pointed out that the successive entry of bulls requires...
Hartnett, a well-known strategist at Bank of America, pointed out that the current market reaction to the Fed's 50 basis point rate cut seems to be following the playbook of "soft rate cuts" or "panic rate cuts". US stocks and credit markets are digesting the expectation of a 250 basis point Fed rate cut by the end of 2025 and an 18% increase in S & P 500 earnings. "Risk is not much better, so investors are forced to chase" the rally, and "bubble risk" is returning. For this madness...