in November, the US inflation rate was far below economists' forecasts, while the unemployment rate unexpectedly rose that month. Due to information distortion and incompleteness caused by the 43-day federal government shutdown, investors have been reluctant to over-interpret this data. Michael Lorizio, Head of US Rates and Mortgage Trading at Manulife Investment Management, said: "Even taking this into account, it highlights that the current inflation data has very limited room for a significant upside surprise. If the labor market continues on its current trajectory, with the unemployment rate rising by 0.1 percentage points per month, I think the potential for further rate cuts next year may be somewhat underestimated."
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Institutions: If the unemployment rate rises by 0.1% per month, the Fed's room for interest rate cuts is underestimated.
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Bloomberg analysts: Among the top 25 US equity ETFs with the highest annual inflows, BlackRock IBIT is the only ETF with negative returns.
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Hassett's chances of becoming the next Federal Reserve Chairman have once again surged significantly.
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China Merchants Bank: The yen carry trade may undergo a sustained reversal, exerting long-term downward pressure on global asset liquidity.
China Merchants Bank released a research report stating that on December 19, the Bank of Japan raised interest rates by 25 basis points, raising the policy rate to 0.75%. Although the Bank of Japan is highly likely to remain very cautious in its pace of rate hikes, the reversal of yen liquidity and the Japanese bond market will continue to suppress global financial conditions. -
A new address withdrew $2.5 million worth of LINK from Binance.
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Nasdaq-listed Mangoceuticals plans to launch a $100 million SOL digital asset treasury.
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Bitcoin institutional buys flip new supply for the first time in 6 weeks
Bitcoin buying power from institutions flipped the daily mined BTC supply for the first time since the start of November, new data showed.
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