ChainCatcher reports that, according to Gate market data, the rise in oil prices has prompted swap dealers to reduce their bets on the Federal Reserve cutting interest rates this year, leading to a strengthening of the US dollar against all major currencies. The market currently expects the Fed to cut rates by about 59 basis points, down from 61 basis points last Friday. Gareth Berry, a strategist at Macquarie Group in Sydney, said this may be an early signal that the market believes sustained oil price increases will lead to higher inflationary 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 the S&P 500 futures down 1.5%.
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
EIA raises its forecast for WTI and Brent crude oil prices for the next two years, covering this year and next year as well
The U.S. Energy Information Administration (EIA) raised its forecasts for crude oil prices for 2026 and 2027, expecting WTI crude oil prices to be $87.41 per barrel in 2026 and Brent crude oil to be $96.00 per barrel—both significantly higher than the previous outlook.
GateNews11m ago
The New York Fed’s 1-year inflation expectations for March in the U.S. were 3.42%, below the market expectation of 3.5%
Gate News update: On April 7, the Federal Reserve Bank of New York (one of the Federal Reserve’s 12 regional banks) published data on 1-year inflation expectations for March at 3.42%, below the market expectation of 3.5% and above the prior value of 3.00%.
GateNews1h ago
TradFi Rise Alert: XTIUSD (WTI Crude USOIL) Rises Over 4%
Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews1h ago
BTC 15-minute drop of 0.51%: short-term capital outflow and macro volatility converging to trigger a pullback
Between 2026-04-07 14:00 and 2026-04-07 14:15 (UTC), the BTC price fluctuated within the range of 67801.3 - 68256.1 USDT. The candlestick chart recorded a -0.51% return, with an amplitude of 0.67%. Short-term volatility intensified, and market attention increased significantly. Overall liquidity was still within the normal range, but showed marginal changes.
The main drivers of this unusual move are the combined effect of short-term capital outflows and the simultaneous rise in net inflows to exchanges. Short-term holders take profit or cut losses at market volatility nodes, pushing prices lower. Spot
GateNews2h ago
US stock market open: all three major indexes fell, with the Nasdaq down 0.3%
Gate News update. On April 7, U.S. stocks opened lower: the Dow Jones Industrial Average (the U.S. blue-chip benchmark index) fell 0.2%, the S&P 500 (the U.S. large-cap benchmark index) fell 0.18%, and the Nasdaq Composite (the U.S. tech-sector benchmark index) fell 0.3%. Large-cap tech stocks broadly traded lower: Arm (ARM.O) fell 2.8%, Nvidia (NVDA.O) fell 0.8%, and Tesla (TSLA.O) fell 1.7%. The Nasdaq China Golden Dragon Index fell 0.38%.
GateNews2h ago
Trump Says “Iranian Civilization Will Cease to Exist”: Hormuz Crisis Hits Crypto and Energy Markets
April 7, 2026, U.S. President Trump posted on social media that “the entire Iranian civilization will perish tonight,” calling on Iran to open the Strait of Hormuz before 8:00 p.m. Eastern Time.
InstantTrends3h ago
