宏觀新聞與全球政策動態

On March 18, following the release of PPI data, U.S. stock index futures declined, and crypto-related stocks experienced widespread selloffs, with multiple stocks such as Strategy, CEX, and MARA all experiencing varying degrees of losses.

Gate News report: On March 18, market data showed that spot gold (international gold price) fell below $4,880 per ounce, with an intraday decline of 2.51%.

Gate News 消息，3月18日，據市場數據顯示，現貨黃金回落至4890美元/盎司下方，日內跌幅2.36%。

美國2月PPI年率為3.4%，高於預期的2.9%，創2022年以來新高，分析師指出此數據未受近期地緣政治事件影響，導致交易員下調對美聯儲2026年降息的押注。

Gate News 消息，3 月 18 日，美国民主党参议员伊丽莎白·沃伦（Elizabeth Warren）表示，美国总统特朗普正在阻挠美联储降息。

Gate News 消息，3 月 18 日，現貨白銀價格回落至 78 美元/盎司下方，日內跌幅 1.53%。

Gate News 消息，3 月 18 日，美国 2 月 PPI（生產者物價指數）月率及年率將於十分鐘後公佈。

以色列國防部長Katz證實伊朗情報部長Khatib已在軍事行動中被擊斃，雖然伊朗尚未確認此消息。以色列政府授予軍方直接執行斬首行動的權力，避免未來的政治審批，可能加劇美伊衝突，引發市場避險情緒上升。

Trump clarified on Truth Social that the official name of his new bill is the "Save America Act," opposing references to it as the "Save Act." The bill aims to pave the way for midterm elections, with a Senate vote expected this week. Trump stated he will not sign other legislation until the bill passes.

March 18, Iranian energy facilities were attacked, causing international oil prices to rise, with Brent crude approaching $105 per barrel. The market is focused on the closure of the Strait of Hormuz, with analysts predicting oil prices will remain in the range of $95 to $110 per barrel, and could rise by $10 to $20 if further attacks occur.

貝萊德推出的「iShares 質押型以太幣信託 ETF（ETHB）」首日交易額突破1,550萬美元，成為機構資金進駐以太坊的里程碑。此ETF持有以太幣並進行質押，提供投資者價格波動及質押獎勵。ETHB預計將70%至95%的以太幣投入質押，82%的收益按月分配給持有者。

Gate News reported that on March 18, Salman Ahmed, an analyst at Fidelity International, stated during a webinar that oil demand is highly inelastic in the short term, and prices may remain elevated in the near term. He pointed out that oil prices are expected to maintain a range of 90 to 120 US dollars, despite risks of further surge. Ahmed believes that global central banks still have time to respond to the impact of Middle East conflicts, which may provide reasons for central banks to remain on the sidelines. Additionally, Iran's effective blockade of the Strait of Hormuz (a globally important oil transportation channel) has caused oil prices to surge to around 100 US dollars.

Gate News 消息，據 Gate TradFi 最新數據，EURTRY（歐元/里拉）瞬時上漲 0.5%，當前波動幅度明顯高於近期平均水平，市場活躍度上升。

Gate News 消息，3 月 18 日，根據市場數據，美股盤前加密概念股普漲。MSTR 上漲 0.59%；SBET 上漲 0.12%；SBET 上漲 0.24%；BMNR 上漲 1.08%；CRCL 上漲 1.5%；某 CEX 相關概念股上漲 2.09%。

北京市政府发布《推动经济稳中有进的若干措施》，提出三项支持政策促进人工智能应用，包括对算力租赁成本和优质方案的资金补贴，以及对示范项目的最高5000万元支持。

Bitcoin rebounded during Middle East conflicts, with MicroStrategy successfully attracting capital through preferred shares STRC and accumulating over 40,000 additional bitcoins. STRC, serving as a stable income tool, has become a new financing channel for MicroStrategy, driving its market performance and liquidity. While this model faces high dividend pressure and requires continuously improved yields to maintain appeal, STRC has effectively connected traditional capital with bitcoin demand, opening new financing modes.

Ebury分析師馬修·瑞安表示，中東衝突可能使歐洲央行更傾向於加息而非降息，因俄烏戰爭後的通膨飆升讓央行更加警惕潛在風險。他預計拉加德將在週四會議上強調控制通膨的重要性。

Micron Technology will release its Q2 financial results on March 18, with expected significant growth in net profit and revenue. Driven by artificial intelligence demand, memory chip prices have risen, and the stock price has surged over 60%. Analysts point out that while supply remains tight, market expectations may be too high.

Gate News 消息，3 月 18 日，据 The Bitcoin Historian 报道，资产管理规模达 8500 亿美元的华尔街资管机构 Alliance Bernstein 表示，BTC 目前比以往任何时候都更具韧性。该机构指出，在全球冲突的背景下，BTC 表现优于其他资产，华尔街机构正在逢低买入。

隨著AI技術的發展，矽谷出現薪資談判新元素「AI Token」。NVIDIA執行長黃仁勳指出，Token數量與薪資掛鉤，可顯著提升工程師的生產力，成為薪資構成的一部分。此概念類似於股票選擇權，開始影響招聘談判。Sam Altman則提出「全民基礎算力」的構想，認為算力應像電力一樣被分配和交易。