price index

4E: The US stock and cryptocurrency markets are recovering, with a focus this week on the US February PCE price index

ChainCatcher news reports that, according to 4E monitoring, last week the Federal Reserve's dovish remarks and Trump's statements about flexibility in the reciprocal tariff plan alternately boosted confidence in the U.S. stock market. After significant fluctuations, the three major indices collectively closed higher for the week: the Dow Jones increased by 1.2%, marking the largest weekly gain in over two months; the S&P 500 rose by 0.51%, ending a four-week losing streak; the Nasdaq slightly increased by 0.17%, halting a previous four-week decline. However, large tech stocks generally closed lower for the week, with Nvidia down 3.26%, Tesla down 0.53%, marking its ninth consecutive week of decline.The cryptocurrency market experienced fluctuations but overall showed a mild upward trend. Bitcoin rebounded after dipping near $81,000 on Tuesday, and on Thursday, driven by the Federal Reserve's dovish remarks, it surged above $87,000, reaching a new high in half a month, before oscillating mainly in the $84,000 range. This morning saw another wave of rapid increases, reporting $85,721 before the deadline, up 3.18% over the past seven days. Other major tokens mostly showed slight increases, with Ethereum striving to stabilize above $2,000, and the meme craze on the BNB chain continuing to attract attention. Signs of market recovery are gradually emerging, and investor sentiment has improved.In the forex and commodities sector, the dollar index rose by 0.34% for the week, marking its first weekly increase this month. The ongoing Russia-Ukraine conflict and the situation in the Middle East continue to escalate, with crude oil rising over 2% for two consecutive weeks. Spot gold increased by 1.31% last week, marking three consecutive weeks of gains.Last week, the Federal Reserve maintained interest rates, in line with market expectations, with guidance for two rate cuts remaining for the year, and Powell's remarks provided some comfort to the market. This week, attention will focus on the PCE price index, the Federal Reserve's preferred inflation indicator, to be released on Friday. Additionally, as the "tariff deadline" on April 2 approaches, uncertainty keeps the market cautious. However, once the tariff outlook becomes clearer, the prolonged market turbulence may subside.

4E: Market activity has significantly increased, with a focus this week on the core PCE price index and the Federal Reserve meeting minutes

ChainCatcher news reports that according to 4E monitoring, last Friday, the three major U.S. stock indexes collectively closed higher, with the Dow Jones Industrial Average rising nearly 1%, reaching a historic high. The S&P 500 index rose by 0.35%, marking five consecutive trading days of gains, while the Nasdaq increased by 0.16%. Over the week, the Dow accumulated a 2% increase, and both the S&P 500 and Nasdaq rose by 1.7%. As the "Trump Cabinet 2.0" gradually takes shape, the market is generally optimistic about the implementation of Trump's tax cuts and deregulation policies.Cryptocurrencies showed an upward trend last week, with the market sentiment index remaining in the greed phase, indicating investors' optimistic expectations for future price movements. As BTC continues to hit new highs approaching $100,000, market activity has significantly increased, and altcoins generally saw substantial gains following the market trend, while the popularity of meme projects declined last week.In the forex commodities sector, the U.S. dollar index rose nearly 1% last week, surpassing the 108 mark and reaching a two-year high. The bleak economic outlook for the Eurozone has dampened oil demand expectations, but due to the escalation of tensions between Russia and Ukraine, oil prices rose about 6% last week, marking the best performance in two months. Recent trends in gold have been supported by strong risk aversion and reduced expectations for a Fed rate cut in December, with gold prices rising for five consecutive days last week, accumulating a 5.7% increase, the largest weekly gain in nearly two years.After Trump's victory in the presidential election, the Fed's stance on rate cuts has become increasingly cautious. Last week, a series of hawkish comments from Fed officials cast a shadow over the highly anticipated prospect of a Fed rate cut in December. The minutes from the Fed's November meeting and the Fed's preferred inflation indicator, the PCE price index, will be released on Tuesday and Wednesday local time, respectively, which may stir market waves. Currently, investors expect the likelihood of a Fed rate cut in December to be slightly above 50%. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, gold commodities, and forex, recently launching a USDT stablecoin wealth management product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

4E: U.S. economic data exceeded expectations, financial markets rose broadly, focusing on the U.S. PCE price index this Friday

ChainCatcher news, data released on Thursday showed that the U.S. economy once again highlighted unexpected resilience, alleviating market concerns about the economy. At the same time, boosted by China's unexpected policy measures, global financial markets surged.According to 4E observations, the three major U.S. stock indices rose, with the S&P 500 index closing up 0.40%, reaching a new historical high; the Dow Jones rose 0.62%, and the tech-heavy Nasdaq rose 0.60%. Chinese concept stocks soared, with the Nasdaq Golden Dragon China Index rising 10.9%. Non-U.S. currencies generally rose, while the yen resumed its downward trend; cryptocurrencies surged across the board, with Bitcoin up 2.56%, breaking through $65,000, and Ethereum rising 0.96%.Gold, silver, and copper all soared, as major central banks such as those in the U.S. and China cut interest rates, coupled with ongoing tensions in the Middle East. Spot gold's intraday gains expanded to 1%, once again setting a new historical high, up nearly 30% this year; under China's stimulus policies, silver, a key industrial material, rose over 2.5%, reaching a 12-year high, and has increased 37% year-to-date.With global central banks cutting interest rates in succession and China's "policy package" igniting global optimism, combined with resilient U.S. economic data, investor risk appetite has risen. 4E is a financial trading platform supporting assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange. This Friday evening, the U.S. core PCE price index will be released, providing further key clues for the Federal Reserve's interest rate cuts. 4E reminds you to pay attention to market volatility risks and to allocate assets appropriately.
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