Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
$BTC Although we have received data on the U.S. economy, oil prices remain high, with WTI crude trading at $112 per barrel, one of the highest levels in decades. It has nearly reached the levels seen during the 2008 financial crisis.
The longer these prices persist, the greater their impact on future inflation indicators, including CPI. We have not yet seen these geopolitical developments reflected in future economic and inflation data.
Positive economic data, such as low unemployment, combined with high oil prices, currently pose the greatest threat to asset markets. On the other hand, weak economic data alongside high oil prices suggest a somewhat better situation for the asset markets.
Ultimately, if oil prices continue to rise, we will see unemployment increase and growth slow down as demand and consumption decrease. This could eventually slow inflation, providing the Federal Reserve(FED) with an opportunity to intervene in the markets.
However, this is more likely to happen in the medium to long term, because in the short term, especially when the economy remains strong, inflation remains a priority. Nonetheless, we will be prepared before the Federal Reserve announces any market interventions, as by then, the market will have already partially digested the news.