Dash: Recent Price Surge Driven by Previously Strengthened Fundamentals
ChainCatcher reported that Dash stated on the X platform that this month's strong DASH price performance did not happen overnight, but was driven by continuous strengthening of fundamentals in the earlier period. These include: the release of DashSpend, in-depth research into bill payment issues, comprehensive improvements to privacy payment features, DEX support (being added to Maya Protocol), and the launch of the decentralized application platform Evolution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Deutsche Bank: After the three major central banks hiked rates simultaneously, the market may once again underestimate the terminal interest rate
Deutsche Bank points out that as central banks in the US, Europe, and Japan are tightening policy simultaneously, the market may still be underpricing the eventual terminal rates. With oil prices remaining high, inflation may spill over into core inflation and wages. Moreover, financial conditions have not tightened in tandem, which could weaken the effect of rate hikes. Citing the experience of 2022, Deutsche Bank notes that the market then expected a total of around 200 basis points of Fed rate hikes in the first year, but the final figure exceeded 400 basis points, illustrating that the market often underestimates the terminal rate.
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