On January 22nd, the European Central Bank Governing Council Knott said that the obstacles to another interest rate cut next week are very small. The data is encouraging and confirms that we will return to our target. (Golden Ten)
European Central Bank Governing Council Member Knott said there are few obstacles to another interest rate cut next week. The data is encouraging and confirms that we will be back on target and hope to see the economy recover before making further judgments. (Golden Ten)
Affected by Martin Luther King Jr. Day, U.S. stocks will be closed for one day on January 20 (next Monday).
Next Monday's meeting of the Eurogroup, an informal body of economic and financial ministers that meets to discuss issues related to the euro, will discuss tokenization, distributed ledger (DLT) technology and central bank funding for wholesale settlements, as well as the state of retail digital euros. Hyun Song Shin, economic advisor and head of the Monetary and Economic Department at the Bank for International Settlements (BIS), will participate in the discussion. He is involved in the Agora p...
Next Monday's meeting of the Eurogroup, an informal body of economic and financial ministers that meets to discuss issues related to the euro, will discuss tokenization, distributed ledger technology and central bank funding for wholesale settlements, as well as the state of retail digital euros. Hyun Song Shin, economic advisor and head of the Monetary and Economic Department at the Bank for International Settlements (BIS), will participate in the discussion. He is involved in Project Agorá, a...
Republican Senator Ted Cruz plans to introduce a Congressional Review Act resolution next week that seeks to overturn a controversial tax rule that requires certain decentralized financial brokers to file total earnings reports. A month ago, the US Internal Revenue Service created a rule that would require "DeFi brokers" to collect user transaction information in the same way as traditional securities brokers. Some "decentralized financial industry players" will have to report to...
Billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg will attend Donald Trump's inauguration next week, further underscoring the tech moguls' efforts to forge closer ties with the new president. The three will sit on stage with high-profile guests, including Trump's cabinet nominees. Analysts believe that Musk, the CEO of Tesla and SpaceX and a major shareholder of X, has become Trump...
January 12, next week's important macro events and data forecast: Tuesday: Data: US December PPI annual rate, US December PPI monthly rate. Event: 2025 FOMC voting committee, Kansas Federal Reserve President Schmid delivered a speech. Wednesday: Data: U.S. EIA, API crude oil inventories; German full-year GDP growth in 2024; U.S. CPI data in December. Events: FOMC Permanent Voting Committee, New York Fed President Williams delivers opening remarks at an event; JPMorgan Chase...
The Q4 earnings season of US stocks kicked off. JPMorgan Chase (JPM. N), Citigroup (C. N), Goldman Sachs (GS. N), Bank of America (BAC. N) and other bank stocks will take the lead in the list next week. Taiwan Semiconductor Manufacturing Company (TSM. N) will also release its earnings. In terms of economic data, the focus is on China's fourth-quarter GDP annual rate, December trade account, December industrial production value above designated size year-on-year; US CPI, PPI data in December, etc...
Gold breaks through bullish clouds, indicating that next week will be a shock to welcome non-agricultural data, the dollar index continues to hold a high position, and the pound bottoms out and rebounds are suppressed... Click to view the key points of each asset based on order flow > >
The Bank of Japan is leaning towards keeping interest rates stable next week.
On December 12, five sources familiar with the Bank of Japan's thinking said that the Bank of Japan is inclined to keep interest rates unchanged next week, as policymakers tend to spend more time examining overseas risks and clues about wage increases next year. Any similar decision would increase the likelihood that the Bank of Japan will raise interest rates at its meeting in January or March next year, when more information on wage increases next year will be available. The sources also said ...
The bitcoin scaling solution Stacks announced on X that sBTC will be launched next week. Users can deposit BTC into sBTC and earn BTC rewards through the sBTC rewards program.
Omni Network, an interoperability agreement, said in a post on social media that it would launch a private mainnet next week.
ANZ said that we expect the Reserve Bank of New Zealand to cut interest rates by 50 basis points to 4.25% next week. This would be in line with the Reserve Bank of New Zealand's October message, economists' forecasts and market pricing. Data since the October monetary policy review has been mixed, but it looks like no data could disrupt plans. Data will make a decision after this meeting, but as the official cash rate (OCR) is closer to neutral, our base expectation is that the Reserve Bank of N...