AiCoin Daily Report (November 21) 1. Interest Rate Swap Market: The possibility of the Federal Reserve lowering interest rates in December is low. On November 20, the interest rate swap market indicated that the likelihood of the Federal Reserve lowering interest rates in December is low. Although traders increased their bets on a rate cut after the latest economic data was released, it is still expected that the Federal Reserve will not lower rates in December. 2. Market forecast predicts that the non-farm payrolls will increase by 50,000 in September, higher than in August. Market forecasts indicate that the non-farm payrolls in September will increase by 50,000, higher than the 22,000 in August. At the beginning of this year, the U.S. economy averaged about 100,000 new jobs per month, with the unemployment rate expected to remain at 4.3%. Comerica Bank's chief economist Bill Adams stated that the financial market's reaction to the September employment report may be minimal, but government data remains a key benchmark for measuring the labor market. For Federal Reserve officials assessing the path for interest rate cuts, tonight's non-farm data is among the first important reference data following the government shutdown. 3. Spot gold rose 0.2% to $4,086.27 per ounce. Spot gold has turned upward, with the latest increase of 0.2%, reported at $4,086.27 per ounce. 4. The U.S. proposal allows the use of Bitcoin to pay taxes and deposit into reserves. A proposal called "Bitcoin for America" suggests allowing American citizens to pay taxes using Bitcoin, with the collected tax funds deposited into reserves. 5. Bitcoin billionaire sells $1.3 billion worth of BTC holdings A Bitcoin billionaire sold $1.3 billion worth of Bitcoin assets after holding them for 14 years. 6. XXI CEO promises to purchase over $60 billion worth of Bitcoin. XXI CEO Jack Mallers announced a commitment to purchase over $60 billion in Bitcoin, stating, "We will become the largest holders of Bitcoin." 7. The U.S. government transferred 15,131,604 TRX, worth approximately 4.2 million USD. AiCoin monitored that the US government address transferred a total of 15,131,604 TRX to TDL...h3Q, valued at approximately 4.2025 million USD. Prices may drop. Data is for reference only. 8. Morgan Stanley expects three interest rate cuts next year. Morgan Stanley analyst Michael Gapen stated that the strong employment situation reduces the risk of an increase in the unemployment rate, and it is no longer expected that the Federal Reserve will cut interest rates in December. Currently, it is predicted that there will be a rate cut in January, April, and June of next year, with the final interest rate expectation remaining at 3%-3.25%.
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AiCoin Daily Report (November 21)
1. Interest Rate Swap Market: The possibility of the Federal Reserve lowering interest rates in December is low.
On November 20, the interest rate swap market indicated that the likelihood of the Federal Reserve lowering interest rates in December is low. Although traders increased their bets on a rate cut after the latest economic data was released, it is still expected that the Federal Reserve will not lower rates in December.
2. Market forecast predicts that the non-farm payrolls will increase by 50,000 in September, higher than in August.
Market forecasts indicate that the non-farm payrolls in September will increase by 50,000, higher than the 22,000 in August. At the beginning of this year, the U.S. economy averaged about 100,000 new jobs per month, with the unemployment rate expected to remain at 4.3%. Comerica Bank's chief economist Bill Adams stated that the financial market's reaction to the September employment report may be minimal, but government data remains a key benchmark for measuring the labor market. For Federal Reserve officials assessing the path for interest rate cuts, tonight's non-farm data is among the first important reference data following the government shutdown.
3. Spot gold rose 0.2% to $4,086.27 per ounce.
Spot gold has turned upward, with the latest increase of 0.2%, reported at $4,086.27 per ounce.
4. The U.S. proposal allows the use of Bitcoin to pay taxes and deposit into reserves.
A proposal called "Bitcoin for America" suggests allowing American citizens to pay taxes using Bitcoin, with the collected tax funds deposited into reserves.
5. Bitcoin billionaire sells $1.3 billion worth of BTC holdings
A Bitcoin billionaire sold $1.3 billion worth of Bitcoin assets after holding them for 14 years.
6. XXI CEO promises to purchase over $60 billion worth of Bitcoin.
XXI CEO Jack Mallers announced a commitment to purchase over $60 billion in Bitcoin, stating, "We will become the largest holders of Bitcoin."
7. The U.S. government transferred 15,131,604 TRX, worth approximately 4.2 million USD.
AiCoin monitored that the US government address transferred a total of 15,131,604 TRX to TDL...h3Q, valued at approximately 4.2025 million USD. Prices may drop. Data is for reference only.
8. Morgan Stanley expects three interest rate cuts next year.
Morgan Stanley analyst Michael Gapen stated that the strong employment situation reduces the risk of an increase in the unemployment rate, and it is no longer expected that the Federal Reserve will cut interest rates in December. Currently, it is predicted that there will be a rate cut in January, April, and June of next year, with the final interest rate expectation remaining at 3%-3.25%.