2026-01-13 23:48:06

Asian equities are poised for modest upside as the yen steadies amid shifting market expectations. The backdrop: cooler-than-expected inflation readings are reinforcing trader bets that the Fed will hold rates steady through the middle of the year, shifting sentiment away from aggressive cutting cycles.

Here's what's moving: S&P 500 futures trading near flat, while the Hang Seng nudges up 0.2% and Australia's benchmark ASX 200 mirrors the move with the same gain. Crude oil remains stuck in neutral territory. The narrative is straightforward—macro data trumps short-term volatility. When inflation proves stickier than feared, central banks reassess, and markets recalibrate. For traders watching crypto markets, this matters: softer growth expectations combined with steady rate policy create a different liquidity environment than aggressive easing would. The yen's stability is key too, especially for carry trades and cross-currency flows that ripple through risk assets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
5
Repost
Share

Comment

0/400

CryptoPunster

· 6h ago

It's another "no rise, no fall" market, my account remains in a "break-even" state, smiling as I finish this trade at a loss --- The Federal Reserve is holding steady, my leverage is trembling, is anyone taking this opportunity to buy the dip, or should I keep waiting? --- Seeing all assets playing Tai Chi, this liquidity environment really poses a tough challenge for those going all-in --- The yen has stabilized, the US stock market is quiet, and cryptocurrencies are still stagnant, it feels like holding a hot potato --- Macro data decides everything? Then all my technical analysis is just wasted effort, might as well just watch the Federal Reserve press conference

View OriginalReply0

hodl_therapist

· 6h ago

Is this the only increase? Feels like the market is waiting for something --- It's another "modest upside," I'm getting tired of hearing that haha --- A stable yen is indeed good news, carry trade players should be thrilled --- Wait, is the soft landing story coming up again? When was the last time I heard that... --- Liquidity tightening in crypto still hurts, don't be fooled by this small increase --- Fed not cutting rates = crypto prices hard to take off, it's that simple --- Basically, we're still waiting to see if inflation can really come down in the end --- ASX and Hang Seng moving together, are they going to band together? --- Macro data rules, micro-level stuff is all just fluff --- Oil prices are this bad, it seems the economy isn't that optimistic either

View OriginalReply0

potentially_notable

· 6h ago

The yen has stabilized, and Asian stocks have only risen slightly. It doesn't seem very meaningful... Wait, the key for the crypto world is that the liquidity environment has changed, right?

View OriginalReply0

LuckyBlindCat

· 6h ago

What are they talking about again, yen stability, the Federal Reserve holding steady, sounds nice... but actually it's just that inflation is too sticky, and our liquidity environment is tangled up. Crypto has to slow down.

View OriginalReply0

OnchainGossiper

· 7h ago

Yo, with this wave of inflation data out, the Fed is about to hold steady again. The market feels a bit dull... Wait, how exactly does the steady rate policy affect crypto liquidity? Can anyone explain? The yen has stabilized, and the carry trade is back alive. That move was clever, but I still feel something's off... Is that the only increase in Asian stocks? Shouldn't it be more exciting? Or are the big players holding back a major move?

View OriginalReply0