Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
We are going through a very strange period in the markets. Powell, at the last meeting, kept interest rates steady citing energy prices as a reason.
Moreover, 3 members said rates should be raised, and inflation data came in above expectations.
Despite this hawkish meeting and high inflation data, BTC, NASDAQ, and S&P 500 rose.
The DXY dollar index pulled back.
Powell's hawkish stance is now just noise. Because the market is pricing in Kevin Warsh, who will take over the chair on May 15, not Powell!
Warsh has signaled that the Fed will change its entire communication style and shift to a more rational, loose policy.
I think the markets, which believe that in two weeks the reins will be in Warsh's hands anyway, are already pricing in a rate cut.