Global TradFi & Macroeconomics

CME Group will begin offering 24/7 trading for cryptocurrency futures starting May 29, and will also add AVAX and SUI futures, showing that traditional finance is quickly moving toward the crypto market. This move not only meets market demand for round-the-clock trading, but also serves as a test of whether traditional financial assets can operate 24/7 in the future. The new futures contracts will provide more flexible options and capital efficiency, further expanding CME Group’s crypto product lineup.

Gate News message, according to the April 10 update, Bitcoin ETFs recorded a 1-day net flow of +4,614 BTC (+$334.63M) and a 7-day net flow of +7,358 BTC (+$533.62M). Ethereum ETFs showed a 1-day net flow of +23,039 ETH (+$51.38M) and a 7-day net flow of +15,349 ETH (+$34.23M). Solana ETFs experience

Gate News: According to the latest Gate TradFi data, SNOW (Snowflake) has dropped by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News message: On April 10, the United States’ initial forecast for the 1-year inflation rate was 4.8% for April, higher than the market expectation of 4.3%, with the prior value at 3.80%. This data is an important component of the University of Michigan consumer sentiment index and reflects consumers’ expectations for inflation levels over the next year.

Gate News message: On April 10, based on the CPI data released today, Citigroup Group’s economists initially forecast that the March core PCE (Personal Consumption Expenditures Price Index, the inflation gauge preferred by the Federal Reserve) month-over-month rate will be 0.3%. This figure is above the level implied by the Fed’s 2% year-over-year target, but it is better than February’s 0.4% increase. The Citigroup team noted that, compared with the PCE indicator favored by the Fed, core CPI has consistently shown an unusually small rise. They also need to factor in PPI data to make a more accurate forecast for PCE.

On April 10, the precious metals market was strong: gold rose to $4,773.60 per ounce, and silver rose to $76.364 per ounce. In the crypto market, volatility eased, the FX market saw the U.S. dollar weaken versus the Chinese yuan, and global equity indexes rose. In commodities, WTI crude oil rose while Brent crude oil fell. The Gate platform supports trading a variety of financial assets.

Gate News message. On April 10, the spokesperson of the Islamic Revolutionary Guards’ Khatam al-Anbiya Central Headquarters, Iran, said in a statement released on the 10th that due to repeated breaches of trust by the United States and Israel in the past, Iran’s armed forces remain in full readiness, prepared to open fire at any time. (Xinhua)

U.S. March consumer price index ( CPI ) year-over-year rate rose to 3.3%, reaching the highest level in nearly two years. It was mainly driven by the Iran war, which caused energy costs to skyrocket. However, the core CPI suggests that underlying inflation pressure remains within a manageable range, and the Federal Reserve may continue to exercise patience; the timing of rate cuts is still unclear.

Gate News message: On April 10, U.S. stocks opened for trading; the Dow Jones Industrial Average rose 0.03%, the S&P 500 rose 0.27%, and the Nasdaq Composite rose 0.4%.

Trident Digital Tech Holdings has partnered with Ripple Strategy Holding. Ripple will provide stablecoin technology to support Trident’s expansion across Africa. It plans to build a blockchain tax system for 2.1 million small and mid-sized businesses in Ghana, and to set up an RLUSD/GHS liquidity pool to enable low-cost cross-border payments.

The U.S. federal government argues that sports event wagering should be treated as a financial derivative rather than gambling, and it seeks to bar Arizona from enforcing against Kalshi, the prediction market platform. If the court backs the federal position, prediction markets will operate under uniform nationwide regulation, weakening each state’s ability to regulate. This legal dispute concerns the legitimacy of prediction markets and the allocation of regulatory authority, affecting the future development of the industry.

U.S. stocks rebounded after the ceasefire agreement was announced, nearing a full recovery of the losses caused by the Iran war, but the oil market remained cautious, with prices holding at elevated levels. Investors’ confidence in future economic and political developments increased, and they may continue to add to their positions.

Gate News message: On April 10, U.S. National Economic Council Director of the White House, Hassett, said the Strait of Hormuz could be reopened within two months. In addition, Hassett said the Federal Reserve still has room to cut interest rates, and this outlook will be very solid.

Gate News: According to the latest Gate TradFi data, LI (Li Auto) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

The latest data from the U.S. Bureau of Economic Analysis shows that in February, the core PCE price index rose 3.0% year over year, while overall PCE increased 2.8% year over year. Both figures are in line with market expectations, and inflation pressure remains stable. Even though people’s income has declined, consumer spending is still increasing, and the savings rate has fallen to 4.0%. The market’s view on the interest-rate cut path is somewhat neutral: inflation has not meaningfully worsened, but it has also not been dropping rapidly.

Gate News, April 10, according to Reuters, the market continues to price in expectations that the Federal Reserve will keep interest rates unchanged throughout 2026.

Gate News message, April 10, after the CPI data was released, the latest price of WTI U.S. crude oil (U.S. West Texas Intermediate) was $97.57 per barrel, and Brent crude oil (the international benchmark) was latest at $95.46 per barrel. The U.S. Dollar Index DXY (an indicator that measures the strength of the U.S. dollar against a basket of currencies) fell 10 points in the short term, with the latest reading at 98.68.

Amid the impact of the Iran war, a certain CEX offered about 1,000 temporary relocation options for its employees in the UAE, including to places such as Hong Kong. Its UAE operations remain normal, and global user services are unaffected. This move is intended to address disruptions to cryptocurrency activities caused by regional conflicts.

Gate News message: On April 10, U.S. Vice President Vance said that Trump has provided very clear guidance for the negotiations, is looking forward to talks with Iran, and believes that the negotiations with Iran will be positive.

Gate News message: On April 10, the U.S. dollar spot index has fallen cumulatively by about 1.4% this week, marking the largest weekly drop since January. After the CPI data was released, market trading strategies focused on buying the U.S. dollar and oil. The foreign exchange market has now entered a news-headline-driven trading phase, and progress in the Iran-U.S. negotiations amid a fragile ceasefire is becoming the new focal point.