23:04 2025-06-30
Morgan Stanley: The Federal Reserve is still unlikely to cut interest rates in the near futureMorgan Stanley analysts said in a research note that the probability of the Federal Reserve cutting interest rates at the next two meetings remains low. The market's likelihood of a rate cut in July rose from 8% to 20%, and the probability of a rate cut in September rose from 60% to 90%. But analysts said most Fed officials support Powell's cautious stance and are unlikely to support a rate cut anytime soon. Analysts expect the upcoming jobs report to be relatively solid, and while growth has sl...
22:43 2025-06-30
European Union official says to travel to US for trade talks on July 1European Union Commissioner for Trade and Economic Security Sergei Sefcovic said on June 30 that he would travel to Washington for trade talks on July 1. US President Donald Trump on May 23 threatened to impose 50% tariffs on goods imported from the European Union from June 1. But on May 25, Trump announced that the start of 50% tariffs on the European Union would be extended from June 1 to July 9. The two sides have since started trade talks on the tariff issue.
22:19 2025-06-30
The probability that the Federal Reserve will keep interest rates unchanged in July is 79.8%.According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in July is 79.8%, and the probability of a 25 basis point cut is 20.2%. The probability that the Fed will keep interest rates unchanged in September is 5.3%, the probability of a cumulative 25 basis point cut is 75.9%, and the probability of a cumulative 50 basis point cut is 18.8%.
21:36 2025-06-30
US Secretary of Agriculture: Trump may exempt tariffs on agricultural products that are not easy to grow in the United StatesAccording to the Wall Street Journal, Brooke Rollins, the US agriculture secretary, said the Trump administration could consider exemptions from tariffs on goods that are difficult to grow in the US, such as cocoa beans or coffee. At present, these goods are included in the scope of comprehensive tariffs, and Democrats have therefore attacked Republicans for raising costs. Rollins said in an interview: "Everything is being discussed at the moment, and I think it's important for certain products ...
21:03 2025-06-30
Stablecoin issuer Circle has filed for the establishment of a national trust bank in the United StatesStablecoin issuer Circle (CRCL. K) is applying to establish a national trust bank in the United States. The application is a key follow-up to its initial public offering valuation of nearly $18 billion earlier this month. If the Office of the Comptroller of the Currency (OCC) approves the charter license, Circle will be able to act as custodian of its own reserves and hold crypto assets on behalf of institutional clients. But unlike traditional banks, the license does not allow Circle to take ca...
20:42 2025-06-30
US Democratic senators propose amendments to ban officials from profiting from promoting cryptocurrenciesAccording to Fox Business News: U.S. Senator Jeff Merkley, a Democrat from Oregon, has proposed an amendment to the "Big and American Act" (OBBB) that would prohibit elected officials from promoting or profiting from cryptocurrency tokens in which they have a financial interest. U.S. Senator Lummis, a Republican from Wyoming, opposed the amendment, saying it would seriously harm U.S. innovation and competitiveness and undermine the government's ability to effectively understand and regulate digi...