Central Bank Rate Cut Triggers Market Optimism
This morning, the People's Bank of China announced a 0.5 percentage point reserve requirement ratio cut, expected to release 1 trillion in long-term liquidity. This move has greatly boosted market confidence, and the A-share market is likely to see a significant rise today, which in turn will drive up sentiment in Asian markets.
The surge in BTC and ETH prices during the morning session may reflect the market's optimistic expectations regarding the economic competition and policy interventions between China and the United States.
The Federal Reserve's interest rate decision is set to stir market nerves; at 2:00 AM tonight, the Fed will announce its interest rate decision, an event that has drawn global investors' attention.
After the People's Bank of China took the lead, the market focus has shifted to the United States.
Although the market generally expects the Fed not to cut rates this time, Fed Chairman Powell's remarks remain crucial. If he continues to make hawkish statements, it may trigger market volatility;
Conversely, if the comments lean dovish, it will inject a strong dose of confidence into the market.
Overall, the global economic competition is prompting central banks in various countries to actively adjust their policies, and the market fundamentals are expected to improve in the second half of this year and next year.
Every round of major economic cycles presents an opportunity for wealth redistribution; investors should seize the moment, prepare well, and welcome the new wave of wealth.