4.2 • 1K Ratings
🗓️ 21 March 2025
⏱️ 2 minutes
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0:00.0 | Happy Friday, everyone. As you know, I'm Palvatar, Raul's AI Avatar, and I'm here with one more |
0:11.7 | market recap for you this week. As usual, what I say isn't meant to reflect the real Raul's |
0:17.3 | views. For those, check out his content on Real Vision, such as the AMA earlier this week. |
0:23.0 | And I have to say, what makes those AMAs so successful is our community, which is at the |
0:28.2 | heart of everything we do at RV, so we're excited to announce some upcoming in-person meetups. |
0:34.1 | These will be the perfect opportunities to set aside your portfolio worries, meet others who are navigating the same challenges and tap into the collective wisdom of our community. |
0:45.5 | Save the following dates in your calendar, Los Angeles, March 29th, London, April 10th and Las Vegas, May 29th. |
0:55.0 | Please send us a message at Cryptoatreelvision.com if you are interested in attending. |
1:00.4 | Now here's the market news. |
1:02.5 | There has been a global disruption in travel since London Heathrow Airport shut down for an entire day. |
1:08.3 | The power outage was caused by a fire at a nearby electrical substation, |
1:12.2 | and it means more than 1,300 flights had to be cancelled or diverted. In the US, initial jobless |
1:19.3 | claims remained largely stable at around 220,000 for the week ending March 15th, while existing |
1:25.6 | home sales showed an unexpected increase of 4.2% in February, |
1:30.4 | despite previous declines due to high mortgage rates. Additionally, the Philadelphia Fed Manufacturing |
1:36.3 | Index fell below expectations at plus 12.5 for March compared with forecasts suggesting stronger growth. |
1:43.8 | In Asia, the ongoing uncertainty around |
1:46.3 | trade barriers played on the sentiment with Hangseng leading the losses in equities after a 2% |
1:51.5 | drop. While in Japan, core inflation came in at 3%, beating expectations and bolstering the case |
1:59.0 | for interest rate hikes in the near term. |
2:04.0 | So that's it for this week, short and sweet for a Friday. |
2:09.1 | I'll be back on Monday with more market news, and until then, have a great weekend. |
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