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Good morning Asia, here are the pre-open events.
The price of Bitcoin continued its rise, exceeding $ 87,000 on Monday morning, as the stock is available to find sellers to return interest.
The desire for more money changed last week due to the expectation of less money related to hard money, although the celebrities continue to send posters. This coincides with the beginning of days full of test data, the increase in the cost of advertising, in addition to the expected announcement of the British investment Raeves Rakel Reeves.
Expectations of the Federal Reserve keep interest rates low after Chain Chairman John Williams said interest rates could fall “soon,” a phrase that is associated with rapid growth.
Forecasts currently show that there is a 57% chance of a 25% cut in interest rates next month, from below 30% a week ago, and shows an increase in the policy direction.
For its part, the US Teasu market was not closed in Asia due to the holiday in Japan, while curaturences remained stable, which shows that the stock market is expecting more.
Forecasting the future course of interest rates has become more difficult after the shutdown of the government in the US interfered with the release of the economy, and the bareau of the statistics of the people of October said that “The authorities were not able to collect the necessary data.
Even in the absence of some of the usual trends, expectations of lower prices supported Asian stocks
Business activity is usually down, because the Japanese markets are closed due to the large companies Noo Markets of Wall Street on Friday after positive statements from the famous executives.
As for Asia, the cuts were not shared, as Chinese stocks retreated, and the shares of the chip maker just posted that Washington would resume the installation of Nvidia. The Shanghai Clore index, the Shenzhen Csi 300 Index, and the shanghai computite nexuse declined by 0.3% each, and the gains achieved by Hong Kong were not limited.
In connection with all of the above, the opportunity to restart Nvidia has brought relief to the main platform of the Internet, which relies on a high-end chipset to support the intelligent technology.
The change in people was also affected by the geopolitical situation, as the United States and Ukraine declared an alliance with Russia, which makes trans to form in the coming war because of exchange.
As for digital money, it helps them to relax after the interpretation of things that include the rise in the price of Bitcoin, they are returning less, and hearing the best from other members of Fekol.
As the US data is approaching, and the central bank begins their meetings at the beginning of the increase in risk, Asian traders seem to have the disease of Bitcoin away from the records of the last week.
Post Opening of the Asian Market: The price of Bitcoin (BTC) continues to rise, surpassing $ 87,000, with stocks benefiting from the expectation of the Federal Reserve to sell its currency. he started first Cryptows Arabic.