Interest rates negative, a new phenomenon with effects imprevisiblesLa Federal Reserve returns to cheapen the price of money Will criptomonedas the guilty of a new financial crisis?
Although it may seem like something mystical, the “quadruple time witch” of the Bag is not more than the day in which expire at the same time, four types of contracts, options and futures on indexes and options and futures on shares. A phenomenon that was reproduced four times a year, on the third Friday of each quarter, and she shakes with the force values of the markets.
“it Tends to cause a lot of volatility , to the extent that short-term investors try to speculate in various markets before they close,” explained the senior analyst of markets, eToro, Matti Greenspan. This Friday, in particular, the instability of the market will be higher, given the decision by the Federal Reserve (Fed) to inject $ 75 million into the market in the short term of the repo, one of the operations most commonly used by banks and large companies to obtain liquidity.
in Addition to that update, “the Fed is planning another injection of cash [this Friday] to calm the markets,” says Greenspan. In short, as explained by this analyst, “there is now a trade massively in course due to the difference of interest rates between Europe and the united States “. And is that the institution presided over by Jerome Powell downgraded this Wednesday, once more, a fourth point types.
According to Greenspan, the banks now have excess liquidity and are taking advantage for making short-term profits. However, this surplus will disappear Monday, “creating a great demand for short-term cash and firing rates by the clouds “, wields. A spike that also responds to other factors, such as the peak that has experienced this week the oil. All in all, Greenspan considers it “worrisome that, after a decade of monetary expansion, credit markets still have liquidity problems”.
free Bar of bitcoin
in Addition, on Monday there will be another particular event. The institutional platform of criptomonedas Bakkt launch in the united States its platform for future daily and monthly . “If the exchanges with criptomonedas is considered the on and off ramps to bitcoin, then Bakkt is a highway of eight lanes and connects the first criptomoneda of the world with the heart of Wall Street,” says Greenspan.
In practice, the initiative of Bakkt assumes that “the large financial institutions will be able to easily decide to diversify their portfolio in bitcoin , as they have been doing eToro clients, with great success, from 2014,” explains Greenspan.
