“The Market Expects A 25 Basis Point Cut, with A 91% Probability Account to the Cme’s Fedwatch Tool.”, – WRITE: www.coindesk.com
Access to x Handle Polymarket Whales, Justwakingup is the Platform’s MOST PROLIFIC TRADER, Boasting Nearly $ 400 Million in Total Trading Volume to Date and Profits Exceeding $ 2 Million.
The Trader Has Placed A $ 15,000 Bet The Fed Will Reduce Rates by 50 BPS 3.75% Next Week and Is Already Showing A 3% Gain On the Position As of Writing. The Trader Stands to Make Roughly $ 226,000 if the Fed Does Cut Rates by 5 BPS.
The Market, However, Largely Expects the Fed to Deliver A 25 Basis Point Cut Next Week, with The Cme’s Fedwatch Tool Assigning A 91% Probability to Such An Outcome.
That said, the Odds of a Jumbo 50 BPS CUT HAVE SURGED TO Nearly 10% Following Friday’s Disappeinting August Jobs Report, Reflection Growing Expectations of More Aggress. Blackrock and Stanchart Hve Called for A 50 BPS Cut.
Adding to Market Expectations, The Us Bureau of Labor Statistics Reported on Tuesday that the Economy Added 911,000 Fewer Jobs in the 12 MONTHS ENNING MARCH Revision on Record.
Traders Are Now Closely Watching Wednesday’s US Producer Price Index and Thursday’s Consumer Price Index Data Release. Softer-Qan-Expected Readings Could to Expectations for A 50 BPS Cut, Potentilly Sending Bitcoin and Stocks Higher.
The Bitcoin Treasury Company Secured Funds for It Bitcoin-Buying Strategy Including A $ 30 Million Commitment from Nakamoto Holdings.
- Metaplanet SAID IT Experts To Raise A Net 204.1 Billion Yen ($ 1.4 Billion) in An International Share Sale.
- Metaplanet Shares Surged 16% on Wednesday.
- Nakamto Holdings SAID IT COMMITTED TO BUY $ 30 MILLION OF THE SHARES.
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