Key Highlights: Bitcoin staged an intraday rebound from roughly $76,500 to $78,475, reclaiming its $77,910 12-hour low while facing strong overhead resistance near $79,250. CoinGlass order-book data highlighted active bid clusters below prevailing prices, including $7.95 million in bids near $78,195.90 and an overall 52:48 buyer-to-seller ratio. Broader market sentiment remains cautious due to an ...
Key Highlights The Federal Reserve signaled ongoing pressure to curb inflation, delivering a more hawkish tone than markets had anticipated despite holding steady on rates. Market pricing via CME FedWatch reflects strong expectations of monetary tightening, with a 78.4% probability of a rate hike in December and continued pressure into early next year. Cryptocurrency and ...
Key Highlights: September CPI is due on October 14, followed by September PPI and retail sales on October 15. The Federal Reserve’s two-day FOMC meeting concludes on October 28, with a policy statement and Chair Kevin Warsh’s press conference scheduled that day. Third-quarter GDP and September Personal Income and Outlays, including the Federal Reserve’s preferred ...
Key Highlights Chicago Fed President Austan Goolsbee signaled openness to rate cuts if inflation meaningfully decelerates toward the 2% target, while emphasizing the need for decisive action against price pressures. U.S. Treasury Secretary Scott Bessent expressed confidence in Fed Chairman Kevin Warsh and noted President Donald Trump shares that confidence, alongside an expansion of the ...
The focus has shifted to the Federal Reserve’s September 16 federal funds rate decision. CME’s FedWatch Tool, which converts federal funds futures trading into implied…