{"id":51492,"date":"2025-03-12T11:15:44","date_gmt":"2025-03-12T11:15:44","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=51492"},"modified":"2025-03-12T11:15:44","modified_gmt":"2025-03-12T11:15:44","slug":"morning-update-12-03-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=51492","title":{"rendered":"Morning Update (12.03.2025)"},"content":{"rendered":"

\ud83d\udcc9 The U.S. stock market sell-off has paused<\/strong>, though major indices closed in the red yesterday:
\ud83d\udd34 Nasdaq 100<\/strong> lost nearly 0.3%<\/strong>
\ud83d\udcc9 Futures on US500, US100, and US30<\/strong> are slightly down today
\u26a0\ufe0f VIX volatility index<\/strong> is rising\u00a00.8%<\/strong><\/p>\n

\ud83c\udf0f Asian session<\/strong> saw mixed sentiment:
\ud83d\udcc9 Hang Seng<\/strong> dropped over\u00a01%<\/strong><\/p>\n

\ud83d\udcca Key Events Today:<\/strong>
\ud83d\udce2 \ud83c\uddfa\ud83c\uddf8 US CPI data<\/strong> (12:30 PM GMT) \ud83d\udd25
\ud83d\udcca \ud83d\udee2\ufe0f OPEC report<\/strong> & Crude oil inventory changes<\/strong> (+2M barrels expected vs. previous 3.6M)
\ud83c\udfe6 \ud83c\udde8\ud83c\udde6 Bank of Canada rate cut<\/strong> (-25 bps from 3% \u2192\u00a02.75%)<\/strong><\/p>\n

\ud83d\udcb5 Forex Market:<\/strong>
\ud83d\udcc8 USD Index<\/strong> rebounds +0.3%<\/strong>
\ud83d\udcc9 EUR\/USD<\/strong> down 0.2%<\/strong>
\ud83c\udfa4 ECB speakers today: Christine Lagarde<\/strong>, Simkus<\/strong>, Villeroy<\/strong>, Panetta<\/strong>,\u00a0Lane<\/strong><\/p>\n

\u2696\ufe0f Trade Wars Update:<\/strong>
\ud83c\udfdb\ufe0f \ud83c\uddfa\ud83c\uddf8 White House<\/strong> confirms a 25% tariff on steel & aluminum<\/strong> for all trading partners<\/strong> (from midnight, March 12)
\ud83c\uddfa\ud83c\uddf8 Trump\u2019s advisor Navarro<\/strong> stated that the planned 50% tariffs<\/strong> on Canadian steel & aluminum will now start April 2nd<\/strong> instead\u00a0\ud83d\udea7<\/p>\n

\ud83d\udee2\ufe0f Commodities:<\/strong>
\ud83d\udcc9 Oil & gas slightly down (-0.3% to -0.6%)
\ud83d\udcc9 Precious metals show minor losses, but gold<\/strong> remains stable at $2,913\/oz<\/strong><\/p>\n

\ud83d\udcb0 Crypto Market:<\/strong>
\ud83d\udcc9 Bitcoin<\/strong> falls over 2%<\/strong> to $81,500<\/strong>
\ud83d\udcc9 TrumpCoin<\/strong> plunges more than\u00a05%<\/strong><\/p>\n

\ud83c\uddea\ud83c\uddfa European index futures<\/strong> show slight gains, supported by:
\ud83e\udd1d Constructive talks<\/strong> in Saudi Arabia between Ukraine & the White House<\/strong>
\ud83c\uddfa\ud83c\udde6 Ukraine ready for a 30-day ceasefire<\/strong> on land, sea & air<\/strong>
\ud83c\uddf7\ud83c\uddfa U.S. to discuss a potential resolution<\/strong> with\u00a0Russia<\/strong><\/p>\n

\ud83d\udcc9 US API Crude Oil Stock Change<\/strong>: 4.247M<\/strong> (Forecast: 2.1M, Previous: -1.455M)
\u26fd Gasoline inventories<\/strong>: -4.56M<\/strong> (Prev:\u00a0-1.25M)<\/p>\n

\ud83c\udf3e Grain Market:<\/strong>
\ud83d\udcc9 Soybeans, wheat & corn<\/strong> slightly down after WASDE report<\/strong>
\ud83c\udf3e U.S. wheat stocks up<\/strong> due to higher imports & lower exports<\/strong>
\ud83d\udcc9 USDA lowers 2024\/25 US farm price estimates<\/strong>
\ud83d\udcc8 Raises production forecasts<\/strong> for \ud83c\uddf7\ud83c\uddfa Russia<\/strong>, \ud83c\uddfa\ud83c\udde6 Ukraine<\/strong>, \ud83c\udde6\ud83c\uddf7 Argentina<\/strong>, \ud83c\udde6\ud83c\uddfa Australia<\/strong><\/p>\n

\ud83d\udccd Stay tuned for more updates!<\/strong>\u00a0\u23f3\ud83d\udcca<\/p>\n

\ud83d\ude80 Morning Update (12.03.2025)<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"

\ud83d\udcc9 The U.S. stock market sell-off has paused, though major indices closed in the red yesterday: \ud83d\udd34 Nasdaq 100 lost nearly 0.3% \ud83d\udcc9 Futures on US500, US100, and US30 are slightly down today \u26a0\ufe0f VIX volatility index is rising\u00a00.8% \ud83c\udf0f Asian session saw mixed sentiment: \ud83d\udcc9 Hang Seng dropped over\u00a01% \ud83d\udcca Key Events Today: \ud83d\udce2 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-51492","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51492"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51492"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51492\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}