ChainCatcher News, according to Jinshi reports, Germany’s Commerzbank analyst Michael Pfister stated in a report that the better-than-expected US non-farm employment data prompted the market to lower expectations for Federal Reserve rate cuts, and the dollar remains high. However, US President Trump called for further rate cuts, which to some extent restrained a larger rise in the dollar. He pointed out that Trump’s stance contradicts traditional economic theory and may imply that the Fed’s future rate cuts will exceed current market expectations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Circle stock price increased by 9.7% in a single day, with a monthly cumulative increase of 86%
Circle (CRCL) stock price rose 9.7% on March 10, with a total increase of 86% over the past month. Analysis indicates that the situation in Iran has led to a rise in crude oil prices, boosting inflation expectations and potentially influencing the Federal Reserve's interest rate cuts. Meanwhile, high interest rates benefit stablecoin issuers, and changes in trader positions contributed to this significant surge.
GateNews3m ago
CICC: The risk of a 'stagflation-like' situation in the U.S. has further increased and been validated
CICC pointed out in its report that the U.S. economy faces a risk of "quasi-stagflation," with rising inflation stickiness, AI impacting employment, and increasing financial risks. The Federal Reserve's rate cuts may be delayed, economic growth is expected to slow down, risk premiums in the capital markets are rising, and capital allocation is tending toward risk aversion.
GateNews18m ago
Bitcoin funding rates hit a three-month low, are the bears "jumping the gun" before the non-farm payroll data?
This article analyzes the dynamics of the Bitcoin derivatives market, pointing out that before macroeconomic data releases, the market shows downward risks through funding rates, open interest, and liquidation data. Negative funding rates, high open interest, and the subsequent employment report collectively influence market direction, revealing how the derivatives market quickly reflects macro pressures and trader sentiment.
PANews27m ago
Analyst: If the US-Iran conflict persists for months, debt expansion could benefit Bitcoin
Macro strategist Mark Connors stated that if the conflict between the US and Iran continues, increased fiscal spending and debt expansion could benefit Bitcoin. He pointed out that war financing will increase the supply of US dollars, weaken the currency's value, and drive Bitcoin higher. Since the conflict began, Bitcoin has risen approximately 3.6%.
GateNews7h ago
Trump will review plans to curb oil prices, including measures such as restricting U.S. oil exports.
U.S. President Trump will review plans to curb oil prices on March 10, as oil prices have already exceeded $100 due to the Iran conflict. The White House is concerned that high oil prices could harm the economy, especially on the eve of the elections. Meanwhile, officials are discussing measures such as jointly releasing strategic reserve crude oil with the G7. Analysis indicates that ongoing conflict will limit the impact of policies on the global oil market.
GateNews8h ago
US short-term inflation expectations rise to 3%, up 0.6 percentage points from the end of February
Gate News Report, March 9th, Refinitiv data shows that bets in the inflation swap market reflect traders' expectations that consumer inflation in the United States will accelerate to about 3% over the next 12 months, up from approximately 2.4% at the end of February. Market analysis suggests that inflation concerns are mainly focused on the short term, related to the ongoing conflict with Iran. Expectations for the 12-month inflation rate starting one year from now are more moderate, remaining around 2.4%.
GateNews8h ago
