Today and tomorrow, the data that will come is very important for crypto currencies. The uncertainty about the tariffs disappeared and crypto currencies did not have a big decline as they were feared. If we do not see a delayed decrease, the recovery of crypto currencies in the second quarter must start. So the latest US data Crypto Coins What does he say for?
US data last minute
With the tariffs, the US trade partners should follow the way to increase domestic demand by pressing more money and reducing interest rates. While the concerns of global recession have become apparent, this is the way to follow the US FED, even if it is delayed, and the more liquidity pumping of China, especially China crypto- It can trigger the demand that money needs.
The data of the US trade balance and unemployment applications just arrived. We will monitor whether employment is weakened by the effect of the tariffs that came yesterday and we will monitor it on weekly and monthly with these data. Slimming in employment may require the FED to accelerate relaxation. Markets have already started to pricit 4 interest rate cuts for this year. At the beginning of this year, the total interest rate reduction expectation for 2025 ranged from 1-2.
US Trade Minister Lutnick “in the USA interest rates It will be much lower, ve and called on other countries to avoid retaliation in his previous statement.
- US trade balance announced: -122,7 billion (expectation: -123.5 billion dollars before: -131.4 billion)
- USA First Unemployment Applications Announced: 219K (Expectation: 225k Previous: 224k)
- USA ongoing unemployment applications announced: 1,903m (Expectation: 1.84m Previous: 1,856m)
Unemployment applications are important for interest rate reduction expectation. The fact that the Minister of Commerce gave the interest rate reduction message in the same minutes is also important for the crypto, but new unemployment applications remained under expectation. The trade deficit between the United States and China has declined almost 10 billion dollars, and these first tariffs say that it began to show the effect. The fact that there is no big concussion in the economy is positive for the crypto.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
