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The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.9% in the fourth quarter, compared with a previous estimate of 2.9%.
The ISM manufacturing PMI for the United States in January was 50.9, expected to be 49.8, and the previous value was 49.3.
The euro against the dollar EUR/USD fell by more than 0.50% during the day and is now trading at 1.0307.
The dollar against the yen USD/JPY fell more than 0.50% during the day and is now trading at 154.41.
The final value of the manufacturing PMI in the euro zone in January was 46.6, compared with the previous value of 46.1.
The final value of the UK manufacturing PMI in January was 48.3, compared with expectations of 48.2 and the previous value of 48.2.
The Chief Executive of the Hong Kong Monetary Authority, Yu Weiwen, said that the investment of the Exchange Fund should consider liquidity, stability, long-term returns and diversification benefits. He revealed that he currently allocates metals and mainland assets, but has no intention of allocating virtual assets.
The Bank of England is expected to cut interest rates by about 80 basis points by the end of 2025, compared with about 75 basis points expected on Friday, UK interest rate futures show.
Traders cut their bets on the Federal Reserve to cut interest rates and now see a 50% chance of two rate cuts in 205. (Jin Ten)
On February 3rd, the Nikkei 225 index closed down 1052.40 points, or 2.66%, at 38520.09 points on February 3rd (Monday); South Korea's KOSPI index closed down 64.04 points, or 2.54%, at 2453.33 points.
According to Lookonchain, an ETH whale that had been quiet for six years transferred 77,736 ETH ($228.60 million) into Bitfinex before the crash. The whale withdrew 77,736 ETH (worth $11.9 million at the time) from Bitfinex on January 5, 2019, when the price of ETH was $153.
South Korea's bitcoin "kimchi premium" surged to 9.7% at 2 a.m. on February 3, hitting a 10-month high since April 2024, driven by concerns about Trump's tariff war. Min Jung, analyst at Presto Research, said kimchi premiums typically rise during bull markets but can also spike during panic selling, as selling pressure on Korean exchanges is lower than in global markets. As of press time, kimchi premiums have fallen back to 8.24 per cent, compared with a historical average of about 5 per cent.
On February 2, the spokesperson of the Ministry of Foreign Affairs answered a reporter's question on the US announcement of a 10% tariff on Chinese products imported to the US. The US side imposed a 10% tariff on Chinese products imported to the US on the grounds of the fentanyl issue. China is strongly dissatisfied with this and firmly opposes it. It will take necessary countermeasures to firmly safeguard its own legitimate rights and interests. The US side should view and handle its own fentan...
On February 2nd, local time on February 1st, US Secretary of State Rubio arrived in Panama City, the capital of Panama, by plane to officially start his visit to Panama. This is also Rubio's first foreign visit after taking office as US Secretary of State. He will start in Panama and visit five Latin American countries including Guatemala, El Salvador, Costa Rica, and Dominica. According to the currently announced itinerary, Rubio will meet with Panamanian President Mulino and visit the Panama C...
Trump Crypto Project WLFI New Multi-Sign Wallet extracted 10 million USDCs from Coinbase and purchased 200 million WLFIs. Previously, the Trump crypto project WLFI spent 20 million dollars to buy 400 million WLFIs.
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