The likelihood of a 50 basis point cut next week from the Fed priced into swaps rose slightly after the Wall Street Journal reported that policymakers were considering whether to cut rates by 25 basis points or 50 basis points. The September OIS contract fell about 3 basis points to an intraday low of around 5.04%, corresponding to a September meeting rate cut of about 28 basis points, towards the midpoint of Wednesday's range; the corresponding rate cut by Wednesday's close was 26 basis points....
On August 28th, cryptocurrencies generally fell, Bitcoin fell below the 60,000 dollar mark, and the lowest was close to falling to the 58,000 dollar mark; in addition, Ethereum fell sharply, and the intraday decline expanded to 10%. Institutional analysts believe that major tokens are digesting the boost received last week from Federal Reserve Chairperson Powell's hint that the Federal Reserve will lower the base rate from a two-decade high.
On August 15th, Liu Aihua, spokesperson of the National Bureau of Statistics, said at the press conference of the State Information Office that in July, the decline of some real estate-related indicators in our country continued to narrow, but at the same time, we must also see that most real estate indicators are still in decline, and the real estate market is still in adjustment. In the next stage, we must follow the spirit of the Political Bureau meeting of the Central Committee, implement ne...