Job openings in the U.S. rose to a six-month high in November, driven by a surge in the business services sector, while demand for workers in other industries was more complex. The Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS), released Tuesday, showed openings rose to 8.10 million from 7.80 million in October, beating all analysts' expectations. The growth was driven almost entirely by professional and business services and financial and insurance...
National Bureau of Statistics: From January to November, industrial enterprises above designated size across the country achieved a total profit of 6.66748 trillion yuan, down 4.7% year-on-year.
According to The Block Research, decentralized exchange (DEX) transaction volume reached $300 billion in November, surpassing the previous cycle high of $260 billion set in May 2021. Uniswap maintained its market lead with 40% of total trading volume in November, while Raydium emerged as a strong competitor with an 18% market share. According to The Block Research, Raydium's significant contribution was in part due to memecoin trading activity and pump.fun projects. The ratio of DEX to CEX (Cent...
National Energy Administration: As of the end of November, the country's cumulative installed power generation capacity was about 3.23 billion kilowatts, an increase of 14.4%
U.S. Bureau of Labor Statistics: Nonfarm payrolls rose 227,000 in November, and the unemployment rate remained unchanged at 4.2 percent. Employment in industries such as health care, leisure and hospitality, government and social assistance was on the rise. Retail jobs declined.
EIA Natural Gas Report: As of the week of November 29, total U.S. natural gas inventories were 3.937 trillion cubic feet, 30 billion cubic feet lower than the previous week, 185 billion cubic feet higher than the same period last year, an increase of 4.9% year-on-year, and 284 billion cubic feet higher than the five-year average, an increase of 7.8%.
Bank of America economists say investors should keep an eye on the two-month growth rate when the November jobs report is released on Friday, especially given the risk of a major revision to the October data. A Wall Street Journal survey shows that the U.S. non-farm payroll is expected to record an increase of 214,000 in November, up from 12,000 in October. Bank of America expects that number to exceed 240,000 due to the impact of hurricanes and the Boeing strike. It also expects the labor force...
As of the week of November 26, the number of non-commercial long positions in CBOT soybeans was X lots, compared with the previous reporting date... The soybean COT index was...
US President-elect Donald Trump will officially take office on January 20, 2025, and market research shows that cryptocurrency prices may see a correction after that. According to Bloomberg and Macrobond Financial, the US Presidential Election year market usually performs strongly after the election and cools after the presidential inauguration.
According to The Block, spot trading volume in the crypto market reached $2.70 trillion in November, the highest since May 2021 and more than double the amount traded in October ($1.14 trillion). About 36% of the trading volume in November came from Binance, which traded over $986 billion. Crypto.com, Upbit and Bybit followed with trading volumes exceeding $200 billion, with significant month-on-month growth across all regions of the world. In addition, the total trading volume of Bitcoin future...
"After a hard November, I will take some time off in December," said Eugene, a trader, in a social media post. "While there are still market opportunities to seize, after weeks of trading I feel my mental resilience is running out. I am cool and chilled at the track I am good at and will come back if the market gives me the opportunity."
National Bureau of Statistics: In November, the manufacturing purchasing managers' index (PMI) was 50.3%, up 0.2 percentage points from the previous month, and the pace of manufacturing expansion accelerated slightly.
Bitcoin futures unpositioned squaring contracts have risen sharply since Trump's election victory on November 5. Data show that bitcoin futures unpositioned squaring contracts have risen from $39 billion on November 5 to the current $60.90 billion, indicating increased trading activity and market speculation. Bitfinex analysts said the increase in unpositioned squaring contracts appears to be a natural increase, driven by expectations of future price appreciation. Leverage accumulation is a comm...
Many participants at the Fed's Nov. 6-7 meeting said uncertainty about the level of the neutral interest rate made it appropriate to gradually reduce policy restrictions, according to Fed meeting notes.
As of the week of November 19, the number of non-commercial long positions in CBOT soybeans was X lots, compared with the previous reporting date... The soybean COT index was...