Welcome to Uphold’s Up of the Day. Please note, this is NOT financial advice.

Have we been underestimating inflation?It was a quiet weekend in the markets with almost no movement, but some anticipate higher interest rates as inflation proves to be more persistent than expected.

That being said, Market participants will be watching the FED chairman’s testimony Tuesday and Wednesday, China's inflation and U.S. unemployment numbers on Thursday, and the US non-farm payrolls on Friday. A strong print could bring stocks down again and drag crypto with it.

However, on the bright side, Game makers Unity and ElectronicArts announced blockchain gaming plans,  and French Fashion brand YSL announced plans for NFTs.

Lastly, don’t forget to join our upcoming Twitter Spaces with Sologenic and Energy Web Token.

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Uphold's Up of the Day - March 6, 2023

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