Crypto currencies continue to wait after the data to be announced at 23:00 in the evening today. BTC After testing 86 thousand dollars, he finds buyers at 85,700 dollars. Today, ADP data arrived and US durable goods data were also the kind of recession concern. Bach discussed the latest situation.
Crypto coins and US economy
Today crypto currency The big day for its markets and Trump’s name is the day of liberation. The disappearance of fear and oppression that has been going on for months and the uncertainty turns into clarity with new tariffs will undoubtedly be positive for risk markets. The markets must face the reality for a long time, while pricing fear and throw the foam in excessive pricing.
Bach said in his present assessment;
“ADP (private sector salary payrolls) came above estimates with 155,000.
Wall Street was waiting for 120 thousand. US Adp Employment Change 155 thousand (estimation 120 thousand, previous 77 thousand, revised 84 thousand). Given the fear outside, it is generally good to obtain some non -recession figures these days. ” – Bach
Inflation And the markets that are stuck between recession can force the Fed to interest cuts with Trump’s tariffs. Such data is positive for the beginning of a balanced relaxation period.
“Despite the uncertainty of policy and despair of consumers, the essence of the work is: the highest number of March was a good figure for the employer from all sizes, even if not for all sectors.”
Are the bears tend to decline due to price movements or real data? ” – Bach
Referring to market interest rates, the analyst argues that in May, the probability of interest reduction is strengthened.
“Market interest rates continue to decline – Fed‘s job is getting easier.
The bond market leads them to a deduction – if this continues, an interest rate reduction will definitely come to the agenda in May! ”
The day the uncertainty ends
Today, 20 %general tariff is expected, but many countries have negotiated with the US for weeks. With various exemptions, without ruining their economies Trump At the common point, he put the option of “Trade Agreements instead of Tariffs” to the countries looking for the way to meet.
However, the tariffs will still affect everyone. British Prime Minister at the time of preparing the British Prime Minister said, “Despite our agreement, we will be affected by customs duties,” he said. This means that even if the effect of tariffs is limited, it will be felt.
But the key point here seems to be “over -priced fear”. At 23:00, we will see that the “excessive” part of fear or optimism has been filed. Tomorrow will be the day when countries that want to engage in a trade war with the United States will start to explain the tariff moves they have prepared for weeks.
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.
