4E: Market uncertainty increases, risk assets are under pressure, and risk aversion rises
Editor
2025-01-10 12:01 5,728
According to news on January 9, according to 4E Monitoring, in recent days, due to the impact of the Federal Reserve’s expectations for a full-year interest rate cut, which has been significantly reduced or even stopped, the uncertainty of the macro environment has increased, and risk assets have generally been under pressure.
On Thursday, U.S. stocks were closed for one day in memory of the late former President Jimmy Carter. The crypto market continues to decline, with news that the U.S. Department of Justice is allowed to sell $6.5 billion of seized darknet Silk Road Bitcoins has heightened market fears. Bitcoin once hit $91,200 this morning, setting a new low since December 5 last year. It is currently rebounding slowly to above $93,000, and its decline in the past 24 hours has narrowed to 1.3%. After Bitcoin briefly returned to $100,000 on Tuesday, it has fallen for three consecutive days this week and is retesting the lows of the range. The market's previous reliance on the "January bull market" has significantly weakened, and risk aversion has increased. Bitcoin futures open interest data shows speculative momentum is declining, with traders choosing to close positions and wait and see amid market uncertainty.
In terms of foreign exchange commodities, Federal Reserve officials lowered expectations of interest rate cuts, the U.S. dollar index rose slightly to achieve its third consecutive rise, and non-U.S. currencies generally fell. U.S. oil and Brent oil rose about 1% on Thursday as cold weather boosted winter fuel demand. Spot gold rose more than 0.3%, rising for two consecutive days and hitting its highest level since mid-December.
Non-farm payroll data will be released on Friday, and the market will re-evaluate the Fed's stance, and financial markets may face greater volatility.
eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market fluctuation risks and allocate assets reasonably.