06:11 2025-07-03
Treasury yields fell ahead of the release of U.S. dataU.S. Treasury yields fell in afternoon trading in Asia as upcoming ISM and labor market data could support expectations that the Federal Reserve will cut interest rates this year.
"Rate cut speculation is unlikely to subside by the end of the week," Helaba analysts said in a note. The decline in yields was driven by long-dated government bonds, causing the yield curve to flatten after steepening the day before. (Golden Ten)
06:05 2025-07-03
Media: The procedural vote on the beautiful bill is close to breaking down, and key lawmakers may vote in favorAccording to Chad Pergram, a Fox News reporter, unannounced members of the House Liberal Caucus are edging closer to a deal that would prompt those who have not yet voted to vote in favor and could "switch support" to dissenting members.
"I think we're getting very close to some sort of resolution," said Tim Burchett, a Republican congressman from Tennessee who himself had not voted at the time. He said they didn't even have time to take a nap in the process. One Republican source said...
05:07 2025-07-03
Abraxas Capital lost $40 million in 10 daysAccording to Arkham monitoring, Abraxas Capital has shorted more than $430 million of crypto assets on the chain, and its short account has lost $40 million in the past 10 days. It should be noted that Abraxas Capital also has other long hedging positions.
05:01 2025-07-03
The US non-farm payroll data will be released tonight, and the US stock market may fluctuate significantly due to its impactJPMorgan trading simulations show that if the employment data released on Thursday is similar to the weakness in the earlier ADP report, the US stock market is likely to sell sharply. JPMorgan set the market reaction in different scenarios: new 85,000 - 105,000: the S & P 500 index may fall by 0.25% -1.5%; below 85,000: the S & P 500 index may plunge by 2% -3%; the report warns: "In the worst case, the market will face stagflation (weak economic growth accompanied by high inflation)...