Due to volatility and reduced state support, crypto remittances in El Salvador are down 45% year-on-year to $16 million in Quarter 1 2025.
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.8% in the second quarter, in line with previous expectations.
The Kyrgyz Republic will launch the USDKG stablecoin in the third quarter of 2025, which is pegged 1:1 to the US dollar and backed by physical gold. The initial gold reserve is 300 million US dollars and plans to expand to 2 billion US dollars. The project is supported by the authorization of the Kyrgyz Ministry of Finance and is financed by purchasing gold from the national bank. USDKG uses an overcollateralized model to cope with gold price fluctuations, and holders can exchange physical gold,...
Eurozone Quarter 1 Adjusted Employment Final Rate 0.2%, Expected 0.3%, Previous Value 0.30%.
Eurozone Quarter 1 GDP revised at an annual rate of 1.5%, expected to be 1.2%, compared with the previous value of 1.20%.
Australia Quarter 1 GDP at an annualized rate of 1.3%, expected to be 1.50%, compared to the previous value of 1.30%.
Coinbase research analyst David Duong tweeted that according to the latest 13F filing data for the Quarter 1 US spot ETF in 2025, the institutional shareholding ratio fell from 29% to 25%, mainly due to the reduced participation of hedge funds in basis trading. The shareholding ratio of investment advisors rose from 10.8% to 12.4%.
France Quarter 1 GDP annualized rate of 0.6%, expected 0.8%, the previous value of 0.80%.
Xiaomi Group (01810.HK): In Quarter 1, 2025, Xiaomi SU 7 series delivered 75,869 new cars. At the same time, we will expand production capacity, and the cumulative delivery of Xiaomi SU 7 series currently exceeds 258,000 units.
Germany Quarter 1 unadjusted annual GDP final value of -0.2%, expected -0.40%, previous value of -0.40%.
XPeng Motors (XPEV. N) expects second-quarter revenue of 17.50 billion to 18.70 billion yuan.
Canaan Technology has released its unaudited Quarter 1 financial report. The company's total revenue for Quarter 1 reached $82.78 million, exceeding the previous financial forecast guidance of $75 million and increasing by 135.9% compared to the same period last year. As of March 31, 2025, it held 1,468.1 bitcoins, and the fair value of its cryptocurrency assets and cryptocurrency receivables combined was $125.90 million. For the second quarter of 2025, the company currently expects total revenu...
The New York Fed's GDPNowcast forecasts that US GDP growth in the second quarter will be 2.35% (from a previous forecast of 2.42%). The 50% probability of second-quarter GDP growth is between 1.28% and 3.48%, and the 68% probability is between 0.73% and 3.94%.
The French Quarter 1 ILO unemployment rate will be released in ten minutes.
Japan's economy has suffered a "Waterloo" in Quarter 1. Consumption and exports are both weak. Will the Bank of Japan's interest rate hike plan be forced to be put on hold? Click to view...