The 3 most important macroeconomic events that can be observed in 2023 under volatile market conditions - Economics
The 3 most important macroeconomic events that can be observed in 2023 under volatile market conditions - Economics
2022 was a hard year for crypto-assets, and while the world welcomes 2023, the macroeconomic background remains uncertain. Macroeconomic events will continue to shape crypto economy and the economy as a whole. This leading article takes a look at the three most important macroeconomic events that you should keep in mind in 2023.
Examination of the 3 most important macroeconomic events that could influence the economy and the cryptom market in 2023
The new year has started and the next 12 months will certainly look dark in relation to the global economy. In 2022, assets such as precious metals, stocks and cryptocurrencies were influenced by macroeconomic events, which led to volatile asset prices. The macroeconomics is an industry that examines the behavior of an economy as a whole and sees every event that significantly influences the overall economy of a country or a region as a macroeconomic event. The following is a look at three different events that strongly influence the global economy and could influence the prices of stocks, precious metals and crypto-assets.
The Ukraine Russia War
The Ukraine Russia War is a macroeconomic event that can influence the global economy and assets of the world in 2023. According to the Russian President Vladimir Putin supplied His New Year's Eve to the nation believes that the people will continue at his discretion. Instead of his traditional appearance in front of the Kremlin, Putin was flanked by a handful of Russian soldiers and women in army uniforms. The speech indicates that Putin will continue the war in Europe despite the West actions to stop Russia by imposing important Financial sanctions in the country. As in 2022, the continuing war in Europe will also affect the world's assets in 2023, since the warfare and sanctions have led to the energy prices have been shot down and supply chains were interrupted.
Covid-19 in China
stocks, crypto-assets and precious metals have been dealing with the macroeconomic effects of COVID-19 for over three years. According to several reports cov-19 Target = "_ blank" href = "https://www.nbcnews.com/news/world/hospital-warns-dabic-battle-covid-sprs-china-rcna62902" Rel = "noopener"> stopped to release numbers of the covid case. Covid in China worried global investors in 2022 and passed into 2023. The reason for this concern would be global trade, since the pandemic has led to certain supply chains have come to a standstill in recent years. Covid has influenced the crypto prices as " black Thursday in March 2020 ( bitcoin ) fell under the 4,000 dollar region after the world health organization of the United Nations (Who) Covid-19 Pandemie had explained.
interest rate increases from the central bank and Fed
After central banks such as the US Federal Reserve had reduced the key interest rates before the Covid 19 pandemic and during the great economic injections in 2020, they have increased the key interest rates. Whenever the Fed raised the interest rate, the massive fluctuations precious metal , stock and cryptoma markets. Interest increases are macroeconomic events that have managed to shake the loan rates worldwide. For example, a 30-year-old fixed interest rate for a mortgage in the USA is now 7.9 %. The sentence is much higher than the 30-year fixed interest rate of 3.815 % for a mortgage in the United States in January 2022. raise or the reduction of the Federal Fund Rate is one of them
macroeconomic events can be positive or negative for a share, a precious metal or a crypto-asset if it is expected to affect the underlying basics of the securities. The events mentioned above can influence or not the global markets and assets of the world, but they could also shake them into the mark. 2023 may not be different in this sense, because 2022 clearly shows that macroeconomic events such as the war in Europe, Covid-19 and interest rate increases of the central banks have moved all of the most popular markets in the world, including fiat currencies, raw materials, securities and crypto-assets. What do you think about the three macroeconomic events that could shape the crypto, stock and precious metal markets in 2023? Let us know your opinion on this topic in the comment area below. Bedy verification : Shutterstock, Pixabay, WikiCommons 