Despite a strong 30-day performance, the beginning of April has shown weakness, with the largest sectors experiencing losses across the board. Gaming saw the largest drawback, at -13.3%, followed by Web3 and Defi at -10% and -9% respectively.April has seen some easing from the headwinds seemingly caused by the conflict in Ukraine, although U.S. monetary policy continues to be the main driver of financial markets. The month started with the release of the core U.S. CPI data from March 2022. At 8.
Nevertheless, 8.5% was the largest month-to-month increase in the core inflation metric since 1980. Federal Reserve Board of Governors member Christopher Waller stated he expects interest rates to rise considerably over the next several months given the current inflation numbers and the general strength of the economy.
Meanwhile, 2-year and 10-year Treasury yields inverted for the first time since 2019, which is commonly seen as a sign of recession on the horizon. This inversion has correlated with seven out of eight recessions historically. Two-year Treasury yields are said to signify the cost of borrowing by banks while 10-year yields signify the potential to invest it in long-term assets. A tightened or inverted Treasury yield rate may force banks to restrict access to money, leading to a slow down in the economy.gains were erased over the last week after the previous breakthrough of a multi-month price range.
The Growth'- Openworld entered the top 7 metaver gainers for the past 7 days. Congratulations to them. A potential project. Find out about their vision! htty://t.me./OpenworldVision/307
⚠️The Bitcoin Autobot Trading Identified this as potentially FAKE NEWS - 🚨 BEWARE 🚨
puli pulitoken PULIFAM PULI pulitoken100x
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: BTCTN - 🏆 531. / 51 اقرأ أكثر »
مصدر: Crypto_Potato - 🏆 568. / 51 اقرأ أكثر »