News list for " believe that"
Analysts believe that the oil market has achieved a breakthrough, and the bulls are expected to continue their upward offensive. However, the upside is limited and does not exceed this value. They are still relatively pessimistic about the outlook, and the balance of tail risks is more tilted towards the downside.
Some observers believe that the RBA's monetary policy tools are more powerful than those of many other central banks because the country's mortgages are mostly at variable rates and household debt is high. HSBC chief economist Paul Bloxham said this means that in the post-COVID-19 pandemic era, the RBA does not have to tighten monetary policy as much as before to achieve the same effect. However, the RBA assistant chief...
"We believe it will take time for the market to digest higher bond yields before Bitcoin can resume its upward trend, rather than being overly pessimistic," 10x Research said in a note. They stressed that while bitcoin and Ethereum funding rates have risen to 10 per cent, spot prices have lagged behind and retail participation remains subdued. "We would like to see multiple indicators agree to confirm bullish momentum, but this is not a major issue. The market may only need a few days...
Traders are betting on stronger Treasury yields and the dollar, betting that Trump 2.0 will lead to inflation. But the trade has lost momentum in recent weeks as Democratic nominee Harris has turned the race upside down and erased Trump's advantage in the polls. The Bloomberg Dollar Spot Index has fallen nearly 2% so far in August as traders prepare for the Fed pivot, its biggest drop since markets prematurely prepared for the Fed pivot late last year. Still, this...
On July 22, it was reported that some Bank of Japan officials wanted more time to observe the data. It was reported that the Bank of Japan believed that weak consumption would complicate interest rate decision-making, and other Bank of Japan officials expressed the risk of missing the opportunity to raise interest rates.
On July 18th, according to multiple reports, U.S. Senate Majority Leader Schumer and House Minority Leader Jeffries warned President Biden that Biden's continued candidacy would jeopardize the Democratic Party's victory in the November election. ABC News reported late Wednesday local time that Schumer said at a meeting in Delaware on Saturday that if Biden dropped out of the race, it would be the best option, and Jeffries also expressed a similar view in a one-on-one meeting at the White House l...
Some analysts believe that the German government's massive sell-off of bitcoin is responsible for the downturn in the cryptocurrency market, in addition to traders' concerns that the stock market may have peaked and the U.S. fiscal situation is weakening. According to former on-chain crypto analysis firm Arkham, a wallet linked to the German government transferred 6,500 BTC, worth $425 million at the time, to the exchange on June 19. The wallet held nearly 50,000 BTC, which was allegedly seized ...
