In front of the camera of Fox News, Trump's newly appointed US Treasury Secretary Benson said shockingly: "The exchange rate of the RMB is decided by me, or more precisely, by the United States!" This bold statement is like an untimely gust of wind, and it seems to completely ignore the rule that the Eastern power had already established four years ago - "The exchange rate of the RMB is determined by market supply and demand." This statement really makes people marvel at his "unique insights."

The United States seems to always dream of making the economy of the Eastern power submit to its will, but the reality is that the Eastern power has a rock-solid domestic demand market and an impeccable industrial chain. Even if the international market is turbulent, it can remain unmoved here, and even move forward steadily on the road of RMB internationalization. Bessant, the new official, seems to have not yet understood this key point.

If he really stubbornly believes that "the United States can control the RMB exchange rate", then the economic cooperation between China and the United States may turn into a smoke-filled "sausage war", which will undoubtedly be a catastrophe for the global economic recovery. If the exchange rate is manipulated unilaterally, the sparks of trade friction and the shadow of the Cold War will no longer be empty talk. Does Bessant really have such ability? I am afraid that even he himself is worried. #汇率 #全球经济 #贸易革命

🌸 Why has the Japanese yen central bank's interest rate hike become the focus of global investment markets? 🌐

📈 Hello everyone, today we are going to talk about the deep impact of the Bank of Japan's interest rate hike! Recently, the Japanese parliament announced that it will hold a special meeting on August 23 to focus on the issues and strategies related to the Bank of Japan's interest rate hike. This is not only a major event in Japan, but also the focus of global financial markets.

🤔 Why is the yen's interest rate hike so important? First of all, Japan is the world's fourth largest economy (it has always been the third largest economy, but was recently overtaken by Germany), and any monetary policy changes in the yen will have a chain reaction on the global economy. An interest rate hike means an appreciation of the yen, which may attract capital inflows into Japan, thereby affecting global capital flows and investment patterns.

🌟 Secondly, an interest rate hike may also increase global borrowing costs, which is particularly challenging for emerging markets, as they often rely on low-cost external financing channels. In addition, as a traditional safe-haven currency, the yen's interest rate hike may attract more investors when market uncertainty increases, affecting the global preference for risky investments.

💼 From an investment perspective, the yen rate hike may lead to a repricing of global stock, bond and commodity markets. Investors need to reassess the risks and returns of various assets, especially those closely related to Japan's economy and monetary policy.

🔍 So, how do we interpret this policy change? What are its long-term impacts on the global economy? What does it mean for your portfolio? Will it affect investment sentiment in the crypto market?

💬 Come on, let's discuss it in depth! Share your views on the yen rate hike and its global impact in the comments section!

#日元加息 #全球经济 #投资策略 #市场动态

This market is unhealthy. Some fans asked why there are so many people bearish on the rate cut?
#Telegram创始人获保释 #美联储何时降息？ #全球经济

I want to say that you should not look at the news, just look at what you want to see. Don't think that the currency price must rise at this time when the interest rate cut is expected. You will only lose more if you only look at the short-term market situation based on news and fundamentals. Rate cuts usually stimulate economic growth, which reduces the cost of borrowing. But in my opinion, the US economy itself is not good, and most of the financial markets are ahead of schedule. In addition, the overall environment is not good. Will capital not sell stocks, spot and other financial assets in large quantities to hedge risks? We have discussed before why Powell's speech in July and at the end of August had two different attitudes😹
Speech in July: roughly means "I will never make any comments related to interest rate cuts because this will cause excessive fluctuations in the financial market"
Speech at the end of August: "Various releases of interest rate cut information and various hidden comments on interest rate cut base points" Will the continued desire to climb sofr hit the US financial system?
Then we have to consider whether the old American is cutting interest rates to save the market, or whether he is under pressure from other aspects and making two completely reversed speeches.
From the perspective of retail investors, interest rate cuts are conducive to economic development, but the global economic environment is currently in uncertainty (inflation, debt levels of large companies, geopolitical risks, etc.), which reduces retail investors' investment sentiment, and cryptocurrencies are behind more stable investment products such as gold, treasury bonds, etc....So from a macro perspective, it can also be seen that this is not necessarily the point where cryptocurrencies can take off immediately!
So the interest rate cut itself is not enough to determine the short-term trend of the cryptocurrency market, and it must also follow the general direction, the global economic environment, and the changing regulatory environment of the crypto sector to analyze!

There are more insights on the economy. A few words are not enough to explain the current economic situation. You can discuss in the comment area. Editing is not easy. Your attention is my greatest motivation. 🙏

Hello everyone! Today, we are going to talk about a seemingly complex topic, but in fact it is closely related to each of us - the policy shift of the U.S. Federal Reserve (Fed).

📅 Going back to March 2022, we witnessed the Fed embarking on an unprecedented aggressive monetary tightening cycle. But now, things seem to be changing dramatically. The latest news shows that the Fed has begun to suspend interest rate increases and maintains the federal base interest rate between 5.25% and 5.50%. What does this shift mean?

First, it means that consumer confidence in our economy is beginning to shine again, and the pace of future interest rate cuts is becoming clearer. According to Bloomberg, Wall Street economists’ bold forecasts for the U.S. economy show that although not optimistic, the Fed’s positive signals will digest the previous negative impact in the short term.

🌍 Faced with challenges such as the Sino-US trade war and high deficits, economists believe that compared with the 2020 epidemic and the global financial turmoil at the beginning of the century, this economic downturn will be moderated. Goldman Sachs is even more radical, arguing that the main risk we face now is a reacceleration of economic activity, not a recession. $BTC

🎯 In the FOMC decision in December, the Fed took a critical step by admitting the mistakes they made and suspending the implementation of interest rate increases. This indicates that the global situation may usher in a clear trend of interest rate cuts in 2024. As the policies of the world's leading economies return to stability, we have reason to believe that the global economy will maintain stable growth in the next few years.
So, friends, despite the macroeconomic challenges, we don’t need to worry too much. As Fed Chairman Powell said, interest rates will be cut three times next year, each time by 25 basis points. This move is expected to arouse widespread optimism in the market. $SOL
Let us look forward to a new starting point for the global economy and welcome a more stable development future!

Several aspects are already so optimistic, so does it mean that Bitcoin will not rise high next year?

If you think what I said is right, please follow me and let us predict the bull market next year.

#美联储降息 $INJ
#经济政策
#全球经济 #金融市场 #货币政策紧缩