Fed Governor Cook: More cautious steps can be taken on rate cuts
On January 6, according to Golden Ten Data, Federal Reserve Governor Tim Cook said that more cautious steps could be taken in terms of rate cuts.
With no cryptocurrency-specific catalysts in the near future, the market will focus on the U.S. January nonfarm payrolls report this Friday, January 10th. However, expectations for Friday's Non-Farm Payrolls report will be further confirmed during the week with the January 7th JOLTS Job Openings data and the January 8th ADP Employment data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
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