Bitcoin is also said to be in a bubble. The price has gone up 20 fold. Betty forget about the equity markets and bond markets, which is going to be focused on bitcoin, right . That is the big distraction for traders right now. Bitcoin futures are for the first time trading on the cboe global index them a big milestone for the financial markets. I dont see a whole lot of movement at this point. Be an appears perhaps to opening price, but i cant confirm that right now. We are watching as these traits start coming in. , brokersthe traders are saying dont expect huge movements. This may be a slow burn coming thewhere we finally for first time, have these derivatives traded on bitcoin. Yvonne it could be a welcome slow burn given the volatility in bitcoin for much of this year. Levoss mentioned, the wink twins banking on this, they are saying it could have 24 growth in the future. Morehat it has become mainstream, it could provide perhaps more stability in cryptocurrency. On the other hand,
It is 9 00 in hong kong. Foroin, a watershed moment this crypto currency. Futures trading in chicago over the last hour so, and a little bit of volatility when it comes cboe website crashing. This is a pretty significant milestone in terms of this currency or commodity to get mainstream appeal and credibility. We will talk about that later on. We are looking at Central Banks this week. It is a big week when it comes to policy. 15 Central Banks globally, including the fed. Wirp onp the the bloomberg. This is likely to be the third and last of Janet Yellens rate hikes as she exits this role. Dotquestion is whether the is likely to change given a new fed chair. We are 30 minutes away from the open in china and hong kong. David is looking at the markets for us. Im looking at this note saying strap in. We are getting ready for the steepest rate hikes in 11 years. Haidi that is what they are saying. David the bond markets are saying the complete opposite. Has threefor rate hikes on top of de