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Good morning, USA! Here are some highlights from the pre-Opening NY Session

What occurred in the prior session:

  • The Swiss National Bank reports that it has tested CBDC transactions with Goldman Sachs, UBS, Credit Suisse, and Citi.
  • Wells Fargo: Forecasting the Federal Reserve will raise interest rates 4 times this year, up from 2 rises previously expected.
  • Kremlin: The negotiations between Russia and the West this week were unsuccessful.
  • German BDI: Forecasting a 3.5% increase in GDP in 2022, following a 2.5% increase in 2021.
  • ECB Bulletin: Supply bottlenecks, rising commodity costs, and omicron continue to weigh on global growth prospects in the short term.
  • Fed’s Harker expects at least three rate hikes this year – FT.
  • US10Y up and try to test the top.
  • Equities have halted their upward trend and are hovering about where they were just a day ago.
  • BTC/USD is in a narrow range near the previous day’s level.


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About Trading Cocktail

The team consists of Marco, Fundamental, and Technical Analyst.
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