Viewpoint: The expectation of the Federal Reserve cutting interest rates will provide support for risk assets such as cryptocurrencies

2024-12-27 21:04:28
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ChainCatcher news, according to Jinshi reports, the market in January 2025 will face multiple risks and opportunities against the backdrop of Trump's inauguration and the release of non-farm data. Michael Rosen, Chief Investment Officer of Angeles Investments, pointed out that the period from November to January is usually a strong performance time for the market. Historical data shows that the S&P 500 index performs well during the last five trading days of December and early January, known as the "Santa Claus rally." The upcoming employment data and corporate earnings reports will provide key insights into the economic health of the market.

Helen Given, Deputy Head of Trading at Monex USA, emphasized that the inauguration of a new government is often accompanied by high uncertainty. The trade policies of the Trump administration could have a significant impact on the global currency market, and the actual effects of policy implementation remain to be seen. Given believes that investors need to pay attention to the actual implementation of proposed policies, which may affect currencies such as the euro, Mexican peso, and Canadian dollar.

Damon Polistina, Head of Research at Eaglebrook Advisors, mentioned that a pro-crypto Trump administration could bring positive catalysts to the crypto market. The Federal Reserve's expectations for interest rate cuts may support risk assets like cryptocurrencies, and any positive economic data will further drive market momentum.

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