Rising 20% to $45400 after Russia started invading Ukraine bitcoin It continues to be traded at $44,000 levels.
Speaking to a parliamentary committee yesterday, Fed chairman Powell will present his six-month economic assessment to the Senate today.
As you know, the FED is expected to increase interest rates at its March meeting. The reflection of the effect of the war between Russia and Ukraine on oil prices on inflation and the threats it poses on the economy will be the main agenda item of the FED’s meeting in March.
In this regard, the statements that Powell will make today will be followed closely. Powell’s speech is expected to begin at 6 p.m. TSi.
What’s the Latest Situation in the Markets?
Looking at the current picture in the markets, the fact that the second negotiation talks between Russia and Ukraine will start seems to have contributed to the positive US futures. We see that the US futures, which had a 2% rally yesterday, continue in a horizontal course today.
Despite the establishment of a negotiating table, the hot conflicts in Ukraine continue. The price of Oil does not cool as the war rages. Brent Petrol, which went up to $119 in the morning, is trading at $111 as of our news hour.
While the US 10-years, which had an increase of 11% yesterday, were traded at 1.86%, the Dollar index rose above 97.6 again.
After the stock market openings at 17.30, Powell’s speech will be followed.