4E: U.S. financial marekt rebounds significantly, focusing on CPI data and Powell's speech this week
On November 11th, the "Trump trade" set off a climax in the market last week. Trump's return to the White House and the Republican Party may win a big victory in Congress. At the same time, the Federal Reserve cut interest rates by 25 basis points as scheduled, which settled the dust of two key risk events and promoted a significant rebound in financial marekt. Benefiting from Trump's support for cryptocurrencies and the prospect that Congress will support cryptocurrency lawmakers, Bitcoin broke through the $80,000 mark and set a new record high. Ethereum reported $3,207, rising more than 30% on the 7th. Counterfeit products broke out collectively, and the gains generally exceeded the broader market, and market sentiment was boosted.
Many Federal Reserve officials will speak this week, and the latest US CPI data, PPI data and retail sales data will become an important reference for investors to judge the health of the US economy and the extent of the Fed's interest rate cut in 2025. eeee.com is a financial trading platform that supports cryptocurrencies, stock indices, bulk gold, foreign exchange and other assets. Recently, it has launched USDT stablecoin wealth management products with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and allocate assets reasonably.