News

Strategists at TD Securities pointed out in a report that if the duration of the Iran war exceeds expectations, the Canadian dollar is likely to strengthen against currencies other than the US dollar. The Canadian dollar is less sensitive to risk aversion compared to some other currencies, and as Canada is an oil-exporting country, the Canadian dollar will benefit from higher oil prices triggered by the conflict. These strategists also stated that the slowdown in economic growth in other regions of the world caused by a prolonged conflict would have a relatively small impact on the Canadian dollar. However, they also mentioned that if risk aversion further intensifies, the Canadian dollar will depreciate against the US dollar.

BlockBeats News, March 10, Bank of America stated in a report that the market currently views rising oil prices as a greater inflation threat, but supply shocks actually pose risks to both aspects of the Federal Reserve's dual mandate. The report pointed out that only when consumer demand is strong enough and economic activity can withstand supply shocks does monetary policy tend to tighten, allowing the Federal Reserve to focus on inflation as it did during the 2022 Russia-Ukraine conflict. However, the bank noted that at that time, economic demand was clearly stronger (unemployment rate at 4%, core PCE inflation above 5%, nonfarm payrolls increasing by 500,000 per month, and consumers still holding a large amount of stimulus funds). Today, employment growth is slower, inflation is moderately high, and fiscal stimulus is more limited. The bank believes that if the oil price shock persists, it will create conditions for the Federal Reserve to implement a more accommodative monetary policy. (Golden Ten Data)

PANews, March 10 — According to an announcement on the Hyperliquid Telegram channel, Hyperliquid will transition portfolio margin from pre-alpha to alpha stage in the next network upgrade, expanding its applicability from test accounts to portfolios below approximately $500,000. The new rules require the main account to have a weighted trading volume exceeding $5 million to enable portfolio margin, and set supply and lending caps for each asset: both USDH and USDC have a global supply cap of 500 million, a global lending cap of 100 million, a single-user supply cap of 5 million, and a single-user lending cap of 1 million; HYPE is set with a global supply cap of 1 million and a single-user supply cap of 50,000; BTC has a global supply cap of 400 and a single-user supply cap of 20.