market risk

4E: The three major U.S. stock indices fell together, Trump's trading "tide recedes," and market risk aversion increased

ChainCatcher news, according to 4E monitoring, as the U.S. election enters its final countdown, the three major U.S. stock indexes collectively fell on Monday while most investors remained on the sidelines. The S&P 500 index closed down 0.28%, the Dow fell 0.61%, and the Nasdaq dropped 0.33%. Given the tight race between Trump and Harris, supporters on both sides were eager to "place another bet" before Monday. After three consecutive days of double-digit declines, Trump's media technology group, which at one point fell 5% on Monday, ultimately closed up 12.37%. Meanwhile, bets favoring Harris's victory also increased, with solar and clean energy stocks collectively rising on Monday.The cryptocurrency market continued to decline under the weakening influence of the "Trump trade." As of the time of writing, Bitcoin was priced at $67,939, down 1.4%, and Ethereum was at $2,407, down 2.32%.In the forex and commodities sector, the "Trump trade" was scaled back, coupled with expectations of a 25 basis point rate cut by the Federal Reserve on Thursday, leading the dollar index to drop over 0.4% to below 104, hitting a two-week low and marking the largest decline in over a month, with non-dollar currencies rising broadly. Oil prices were supported by OPEC+'s announcement to delay production increases, with intraday gains exceeding nearly 3%. Gold prices were boosted by safe-haven demand due to the uncertainty of the U.S. election, expectations of a Fed rate cut, and the dollar index reaching a two-week low, with spot gold closing up 0.05% at the end of U.S. trading.In recent days, a series of polls have shown the gap in winning probabilities between Trump and Harris rapidly narrowing, with both sides' vote counts now very close. The market is concerned that controversial vote counting results may delay the election outcome by several days. Additionally, if Trump loses the election, his supporters may cite these data to "prove" election fraud, potentially inciting unrest. Another catalyst for safe-haven sentiment is the Federal Reserve's interest rate decision on Thursday, along with Powell's remarks at the press conference.As the two storms approach this week, market volatility has intensified, and demand for safe havens has increased. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. Recently, it launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with a potential safe-haven option. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

4E: The three major U.S. stock indices all fell, Trump's trading "tide recedes," and market risk aversion increased

ChainCatcher news, according to 4E monitoring, as the U.S. election enters its final countdown, the three major U.S. stock indices collectively fell on Monday while most investors remained on the sidelines. The S&P 500 index fell by 0.28%, the Dow Jones dropped by 0.61%, and the Nasdaq decreased by 0.33%. Given the tight race between Trump and Harris, supporters on both sides were eager to "place another bet" before Monday. After three consecutive days of double-digit declines, Trump's media technology group, which at one point fell by 5% on Monday, ultimately rose by 12.37%. Meanwhile, bets favoring Harris's victory also increased, with solar and clean energy concept stocks collectively rising on Monday.The cryptocurrency market experienced a broad decline due to the continued weakening of the "Trump trade." As of the time of writing, Bitcoin was priced at $67,939, down 1.4%, and Ethereum was at $2,407, down 2.32%.In the forex and commodities sector, the "Trump trade" was scaled back, coupled with expectations of a 25 basis point rate cut by the Federal Reserve on Thursday, causing the dollar index to drop over 0.4% to below 104, reaching a two-week low and marking the largest decline in over a month, with non-U.S. currencies rising broadly. Oil prices were supported by OPEC+'s announcement to delay production increases, with intraday gains of nearly 3%. Gold prices were boosted by safe-haven demand triggered by the uncertainty of the U.S. election, expectations of a Federal Reserve rate cut, and the dollar index hitting a two-week low, with spot gold closing up 0.05% at the end of U.S. trading.In recent days, a series of polls have shown that the gap in winning probabilities between Trump and Harris is rapidly narrowing, with both sides' vote counts now very close. The market is concerned that disputed vote counts could delay the election results by several days. Additionally, if Trump loses the election, his supporters may cite these data to "prove" election fraud, potentially inciting unrest. Another catalyst for safe-haven sentiment is the Federal Reserve's interest rate decision on Thursday, along with Powell's remarks at the press conference.As two storms approach this week, market volatility has increased, and demand for safe havens has risen. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. It recently launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

4E: Series data strongly supports the expectation of a "soft landing" for the U.S. economy, and market risk appetite is rising

ChainCatcher News: The U.S. Department of Commerce announced yesterday that September retail sales exceeded expectations with a month-on-month increase of 0.4%, highlighting the resilience of U.S. consumer spending, which continues to provide strong momentum for the U.S. economy. A series of robust economic data recently has reinforced market expectations for only a 25 basis point rate cut.According to 4E monitoring, after the data release, U.S. stocks opened higher but then fell, with the S&P reaching a new intraday high before turning down, and the Nasdaq also nearly erasing its early gains. However, the Dow Jones reached new intraday and closing highs, marking two consecutive days of gains. By the close, the S&P 500 was down 0.02%, the Nasdaq was up 0.04%, and the Dow was up 0.37%. The cryptocurrency market followed U.S. stocks with slight fluctuations; at the time of writing, Bitcoin was at 67,972, up 0.8%, and Ethereum was at 2,632, up 0.43%.In the forex and commodities sector, positive economic data pushed the U.S. dollar index to an 11-week high, rebounding 3.34% since October. The European Central Bank is expected to cut rates on Thursday, causing the euro to decline for four consecutive days to an 11-week low. Last week, U.S. EIA crude oil inventories unexpectedly decreased, indicating strong demand, which led to a rise of about 0.40% in international oil prices, halting a four-day decline and moving away from two-week lows. Spot gold benefited from uncertainties surrounding the U.S. elections and expectations of more monetary policy easing, approaching 2,700 dollars, setting a new historical high, with an increase of over 30% this year.Recent data shows that retail sales continue to grow, with better-than-expected non-farm payroll data, a stronger-than-expected unemployment rate, and a recent cooling trend in initial jobless claims. Coupled with the steady decline in U.S. inflation and the upward revision of long-term GDP growth rates beyond expectations, this provides strong support for the "soft landing" logic of the U.S. economy. Meanwhile, a new round of global rate cuts is accelerating, significantly improving financial market sentiment and generally increasing investors' risk appetite. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. It recently launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.
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