BlockBeats News: On March 1st, geopolitical tensions between the U.S. and Iran next week will be full of uncertainties, and global markets will fluctuate amid high uncertainty and risk aversion. Aside from geopolitical issues, the main macro events next week are as follows:
Monday 22:45: U.S. February S&P Global Manufacturing PMI Final;
Monday 23:00: U.S. February ISM Manufacturing PMI;
Wednesday 21:15: U.S. February ADP Employment Change;
Thursday 03:00: Federal Reserve releases Beige Book;
Thursday 20:30: U.S. February Challenger Job Cuts;
Thursday 21:30: U.S. Initial Jobless Claims for the week ending February 28, and U.S. January Import Price Index MoM;
Friday 21:30: U.S. February Unemployment Rate, February Non-Farm Payrolls (seasonally adjusted), and January Retail Sales MoM.
In the U.S. stock market, the latest data shows that the Nasdaq Composite has failed to reach a new high for four consecutive months, and the S&P 500 and Nasdaq just experienced their worst month since March last year. This indicates that investors are deeply skeptical about the ability of AI technology to translate into actual profits, and Wall Street is trying to navigate through a turbulence led by tech stocks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Cryptocurrency panic index drops to 10, hitting an all-time extreme. Is the BTC market approaching a bottom signal?
Cryptocurrency Fear and Greed Index drops to 10, indicating extreme market panic and weakened investor confidence. Market volatility increases, macroeconomic pressures and negative public opinion drive panic higher. Although historically, low levels of this index often signal market bottoms, if macroeconomic conditions worsen, crypto assets may still face downward pressure.
GateNews11m ago
Rising oil prices suppress expectations of Federal Reserve rate cuts, strengthening the dollar
ChainCatcher reports that, according to Gate market data, the dollar has strengthened against all major currencies due to rising oil prices prompting swap traders to reduce their bets on the Fed cutting interest rates this year. The market currently expects about 59 basis points of rate cuts from the Federal Reserve, down from 61 basis points last Friday. Gareth Berry, a strategist at Sydney's Macquarie Group, said this could be an early signal that the market believes sustained oil price increases will lead to higher inflation pressures in the US, thereby reducing the Fed's willingness to cut rates. Deteriorating risk sentiment has also contributed to the dollar's rise, with S&P 500 futures down 1.5%.
GateNews1h ago
Hamaney's assassination attempt shocks global markets, Bitcoin drops below $67,000, oil prices and gold surge simultaneously
Following the escalation of the Middle East situation, global financial markets experienced turbulence. News of the assassination of Iran's Supreme Leader triggered a surge in oil prices and gold, with safe-haven assets performing well. Bitcoin briefly rebounded to $68,000 before retreating; the tense situation continues to cause volatility in cryptocurrencies as investors shift toward traditional safe-haven assets. The market is focused on the ongoing impact of the Middle East situation and energy prices.
GateNews1h ago
U.S. economic data releases are coming thick and fast, and this Friday's reports will determine Bitcoin's direction.
Bitcoin has recently been fluctuating around $66,000. The United States will release five important economic reports this week, including manufacturing and services PMI, ADP private sector employment data, unemployment claims, and non-farm payrolls (NFP). These data could reshape market expectations for Federal Reserve interest rates and consequently influence Bitcoin's price movement. Strong data may suppress Bitcoin prices, while weak data could drive it higher.
MarketWhisper2h ago
NYDIG: If AI leads to "loose monetary policy," Bitcoin could benefit
NYDIG Research Director Greg Cipolaro stated that artificial intelligence could impact the labor market and prompt central banks to ease monetary policy, thereby benefiting Bitcoin. He believes that AI's economic impact will transmit to Bitcoin, with liquidity expansion supporting its performance, even though the transformation presents challenges. He expects AI will still follow a pattern of integrated development.
GateNews2h ago
NYDIG: AI is regarded as a general-purpose technology, benefiting Bitcoin in a loose monetary environment
NYDIG Research Director Greg Cipolaro believes that artificial intelligence (AI) can be regarded as a general-purpose technology, and its impact on Bitcoin depends on its effects on the labor market and monetary policy. If AI triggers turbulence in the labor market, it could prompt central banks to adopt easing policies, which would be positive for Bitcoin; conversely, if AI drives growth and pushes up real interest rates, it could exert pressure on Bitcoin. The widespread application of AI may also change employment markets and investment patterns, challenging traditional economic structures.
MarketWhisper2h ago
