Sushi

Golden Ten Data reported on March 30 that due to escalating global and domestic inflation concerns caused by intensified strikes from Israel and the US against Iran, the Bank of Israel is expected to keep its benchmark interest rate unchanged at 4% for the second consecutive time. Alongside the interest rate decision, the Bank of Israel will also release an updated macroeconomic forecast for the first time since the outbreak of conflict on February 28, followed by a press conference held by Governor Amir at 4:15 p.m. local time. Over the weekend, Fitch Ratings maintained Israel’s 'A' sovereign rating with a negative outlook. The agency believes that due to "military spending exceeding government forecasts," this year’s fiscal deficit will swell to 5.7% of GDP from 4.7% in 2025.

PANews March 30th news, according to official sources, the digital asset treasury company Tron Inc. increased its holdings by 156,819 TRX at an average price of $0.3188 today, bringing its total TRX treasury holdings to over 689 million. The company stated that it will continue to increase its TRX holdings to enhance long-term shareholder value.

Golden Ten Data reported on March 30 that TD Securities strategists stated that, as the Federal Reserve remains in a wait-and-see mode, U.S. Treasury yields may stay elevated in the short term. However, growth risks may eventually limit their upside potential. They pointed out that the market has begun to price in rate hike expectations amid rising inflation expectations but has overlooked potential downside risks to economic growth. The strategists believe, "Concerns about slowing growth may cap further increases in yields." According to Tradeweb data, U.S. Treasury yields fell during the Asian trading session, with the 10-year U.S. Treasury yield dropping 4.8 basis points to 4.391%.