Market sentiment stays fragile as international commerce tensions escalate following the entry into power of latest 25% tariffs on metal and aluminum imports from america at the moment.
Market Tensions Rising as US and EU Escalate Commerce Warfare
In response, the European Union has introduced retaliatory measures and plans to impose tariffs on €26 billion ($22 billion) price of US items beginning subsequent month.
The VIX index, a key measure of market volatility, rose to twenty-eight earlier than settling at 26.6. In the meantime, the Cboe VIX futures curve inverted, signaling that markets could also be nearing a backside.
Traders are additionally carefully watching the upcoming Shopper Value Index (CPI) report, which may considerably impression Federal Reserve rate of interest expectations.
Markets are at the moment predicting the Fed will minimize rates of interest 4 instances this yr, the precise reverse of the January forecast of a single charge minimize.
Crypto Market Faces SEC Delays and ETF Exits
Within the cryptocurrency sector, the U.S. Securities and Alternate Fee (SEC) has postponed its determination on spot XRP, SOL, LTC, ADA, and DOGE ETF purposes till Could.
Moreover, the SEC has scheduled a high-risk crypto regulation roundtable for March 21, signaling that regulatory scrutiny will proceed.
In the meantime, Bitcoin ETFs recorded web outflows of $153.87 million, pushed partly by the Grayscale Bitcoin Belief (GBTC) promoting 641 BTC. The info means that traders stay cautious amid macroeconomic uncertainties.
*This isn’t funding recommendation.
