Golden Finance reports that Fed Chairman Powell stated at the Jackson Hole Global Central Bank Annual Meeting that the previous framework overly emphasized specific economic conditions, which may have led to some confusion; the new framework aims to adapt to various economic conditions. When there are conflicts between the Fed's goals, the new framework requires a balanced response.

Jin10 reported on August 22 that European Central Bank Governing Council member Nagel has high expectations for Powell's speech: I hope he can convey a clear message about price stability, which is the mission of the Central Bank, providing us with the certainty needed in a very complex world.

Golden Finance reported that European Central Bank board member Nagel stated that there is currently no need to further adjust the interest rate.

Against the backdrop of uncertain trade prospects between the US and Canada and market expectations of a rate cut by the Central Bank of Canada, the Canadian dollar has fallen to a three-month low against the US dollar. The Canadian dollar is expected to remain under pressure in the short term due to ongoing risks related to the trade protocol. The latest inflation data came in below expectations, increasing the likelihood of a rate cut.

Jin10 reported that Morgan Stanley expects the European Central Bank to cut interest rates in December and March next year, whereas the previous forecast was for rate cuts in September and December.

Jin10 data reported on August 22, Reuters' survey shows that most economists believe the Reserve Bank of New Zealand may cut interest rates twice more this year to 2.50%. The Reserve Bank of New Zealand's rate cut this Wednesday aligns with economists' and financial markets' expectations, but the unexpected downward revision of the path for the Official Cash Rate (OCR) and two votes in favor of a more significant cut of 50 basis points prompted economists to revise their outlook for the future. Over 75% of the surveyed economists (13 out of 17 economists) predict a cut of 50 basis points this year, while a survey conducted before the meeting showed that economists held two views: one being no further rate cuts and the other only a further cut of 25 basis points. Four economists believe there will be a slight adjustment down to 2.75%. Nearly 90% of economists (15 out of 17 economists) expect the next meeting on October 8 to result in a cut of 25 basis points. Two expect no changes.

Bitcoin (BTC) has once again fallen into a correction, temporarily reported at around $112,790 on August 22. Six months from now, Kanye West will officially launch the meme coin YZY on Solana. The U.S. has proposed to restore an 18th-century law so that President Trump can authorize private citizens to combat cryptocurrency fraudsters. State Street Bank joins JPMorgan's tokenization debt platform.

On August 21, Jin10 reported that CMB International released a research report indicating that Pop Mart (09992.HK) had a strong performance in the first half of the year. The bank raised its profit forecast for 2025-27 by 39-49% and increased the target price to HKD 394. The company remains the bank's top pick in the consumer sector, and the bank continues to be optimistic about the company's IP operation capabilities and global expansion progress, reaffirming its 'Buy' rating. The report stated that the company's performance in the first half of 2025 saw explosive growth, with revenue reaching 13.88 billion yuan (the same below), a year-on-year rise of 204.4%. The adjusted net profit attributable to shareholders reached 4.71 billion yuan, a significant year-on-year rise of 362.8%. The gross profit margin and adjusted net profit margin increased by 6.3 and 11.6 percentage points year-on-year to 70.3% and 33.9%.

On August 20, Jin10 reported that the Central Bank of Israel has maintained interest rates for the 13th consecutive time, cautiously weighing the economic slowdown against the ongoing uncertainty brought about by the Gaza conflict. On Wednesday, the bank kept the benchmark interest rate at 4.5%, in line with market expectations. The day before this decision, Prime Minister Netanyahu's cabinet approved a budget increase equivalent to about 1.5% of GDP to cover war expenses. This year's revised budget added 30 billion shekels (about 8.8 billion USD) in defense spending, raising the estimated fiscal deficit from 4.9% to 5.2%. Israel plans to take control of Gaza City in the coming weeks, a move that will require the mobilization of tens of thousands of reserve soldiers and may further exacerbate supply chain tensions. A new ceasefire proposal put forward by Egypt and Qatar, which has been accepted by Hamas, could delay or even cancel the aforementioned plans. However, Israel has not yet clarified whether it is willing to cease fire immediately.

Odaily News Although acknowledging that Hasset is qualified for the position, Alan Sinha of Decision Economics expressed concerns about the independence of the Fed under his appointment. Sinha pointed out: "If a low interest rate policy is pursued for political purposes — which is a strong advocacy and direction of the Trump administration — it will be seen by the market as executive interference in the Central Bank, thereby constituting macro risk."

Jin10 data reported on August 20th that TD Securities strategists stated that the latest interest rate cut by the Reserve Bank of New Zealand was within market expectations, but what surprised the market was the implication that further cuts are expected in the future. Prashant Newnaha wrote: "We will not ignore this signal." He pointed out that two committee members voted for a 50 basis point cut, and this dovish shift occurred while the acting governor still judged the likelihood of inflation exceeding 3% this year to be 50/50. The Reserve Bank of New Zealand's confidence in the existence of idle capacity in the New Zealand economy may have been strengthened by labor market data significantly below May expectations. Even in the face of rising inflation risks, the Reserve Bank appears determined to move towards further interest rate cuts. As a result, TD Securities has adjusted its forecast, now expecting the Reserve Bank of New Zealand to cut rates by 25 basis points in both October and November, with a terminal interest rate reaching 2.50%.

Jin10 data reports on August 20, the UK government bonds rebounded strongly on Wednesday, with the 10-year yield ending a four-day streak of rises. The yield is heading towards its largest drop in a month. The inflation report had little impact on this year's rate cut expectations, but bets on further cuts next year have increased. Swap contracts currently imply about a 75% probability of the interest rate being lowered to 3.5% by the end of next year, a shift that partly explains the movement of UK government bonds. Macro strategist Conor Cooper said: "Many still believe that regardless of inflation, the Bank of England will eventually lower rates to below 3.75%. If the Bank of England is forced to maintain tight policy in the short term to ensure inflation is controlled, then the already troubled economy will bear even greater pressure, ultimately requiring a faster pace of rate cuts than previously envisioned after inflation stabilizes. This is favourable information for UK government bonds and may also be a factor that traders will consider when interpreting UK inflation data in the coming months."

According to Golden Finance reports and The Wall Street Journal: Bank of America allocated $4 billion for the development of new technologies such as artificial intelligence.

Jin10 data reported on August 20, Monex Europe analysts stated in a report that after the UK announced inflation data higher than expected on Wednesday, the pound may struggle to maintain its appreciation momentum. Analysts indicated that a single data point is unlikely to significantly alter the Central Bank of the UK’s inclination to cut interest rates against the backdrop of a weak labor market. "We still expect that growth resistance and the upcoming fiscal tightening will force the Central Bank of the UK to cut rates again later this year, which will make the pound more sensitive to external factors and the risks clearly skewed to the downside." The annual inflation rate in the UK rose to 3.8% in July, up from 3.6% in June, also exceeding the market expectation of 3.7%.

On August 20, Jin10 reported that European Central Bank President Lagarde stated on Wednesday that the trade agreement between the United States and the EU is slightly on the high side, but not far from the baseline assumption of the European Central Bank. She stated: "The trade agreement establishes that the effective average tariff for U.S. imports of Eurozone goods is estimated to be between 12% and 16%." "This effective average tariff rate is slightly higher than the assumed scenario used in our baseline forecast in June, but still close to it." Lagarde said: "The outcome of the trade agreement is far below the severe situation where U.S. tariffs exceed 20%."

Golden Finance reports that the Governor of Bank Indonesia: We expect the Fed to cut interest rates twice in the second half of 2025.

Jin10 data reported on August 20, the Central Bank of Indonesia cut interest rates by 25 basis points, lowering the 7-day reverse repo rate to 5%, while the market expects the interest rate to remain unchanged.

Golden Finance reports that the Governor of Bank Indonesia stated that the easing of inflationary pressures in the United States has led to rising market expectations for the Fed to cut interest rates.

Jin10 data reported on August 20 that analysts from CGS International stated in a research report that the Central Bank of Thailand may continue to cut interest rates. They mentioned that the Central Bank had signaled earlier this month during a meeting that the policy interest rate could be further lowered. Analysts expect that Vithai Ratanakong, who will assume the position of new governor on October 1, will lower the policy interest rate by 25 basis points each in October and December, bringing the rate down from the current 1.50% to 1.00%. Analysts pointed out that considering the Fed is expected to cut interest rates before the end of the year, this would allow the Central Bank of Thailand to continue easing monetary policy without excessive concern about capital outflows.

Gate News Bot news, on August 20, according to CoinMarketCap data, WFI (WeFi) is currently priced at 0.61 USD, having risen 16.07% in the last 24 hours, with a high of 0.62 USD and a low of 0.41 USD. The current market capitalization is approximately 22.8 million USD, an increase of 3.16 million USD compared to yesterday. WeFi is a decentralized crypto bank that offers global payments, earnings, ATM withdrawals, and non-custodial accounts. WeFi integrates cryptocurrency and fiat assets, allowing users to easily earn, transfer, and spend assets through a single application. The platform supports over 7,000 crypto assets and provides virtual and physical cards that can be used at over 1.4 million merchants worldwide. WeFi has also launched a decentralized loyalty program called "Energy" to reduce fees, increase APR, and unlock WeFi.

Economists point out that the Swiss Central Bank should not alleviate the impact of the high tariffs from the United States through monetary policy, as Switzerland faces a double dilemma: tariffs as high as 39% and a strong Swiss franc. Dropping interest rates or intervening in the currency may help, but there are risks of inflation and other issues.

According to ChainCatcher news, Jin10 reported that the U.S. stock market opened lower on Tuesday, as Home Depot's earnings report kicked off a series of key retail company performances, with investors also following this week's central bank annual meeting to assess the interest rate path. The S&P 500 index opened down 0.1%, the Nasdaq 100 index fell 0.5%, and the Dow Jones Industrial Average rose 0.2%. Stephen Schwartz, founding partner of Vanguard Financial, stated that Powell's speech on Friday could become a turning point for the market, with expectations of signals indicating a possible rate cut in September.

Jin10 data, August 19th: Desjardins Group of Canada maintains its forecast for a rate cut by the Central Bank of Canada next month, citing relatively moderate inflation data for July. Overall inflation slowed to 1.7% in July, down from 1.9% the previous month. The inflation rate excluding indirect taxes also decreased from 2.5% to 2.2%. With the Canadian government deciding in March to eliminate the consumer carbon tax, the Central Bank of Canada is closely monitoring this tax-excluded indicator. However, core inflation excluding volatile items such as food and energy remains high, with the core inflation metric preferred by the Central Bank still above 3%. Economist Royce Mendes stated that the data suggests price increases related to tariffs may occur in March and April, potentially earlier than the expectations of the Central Bank of Canada. "Recent price data shows that price growth is normalizing."

Jin10 data reported on August 19, FP Markets analyst Aaron Hill stated in a report that if the data released later today indicates an unexpected decline in Canada’s core inflation for July, the Canadian dollar may weaken. He pointed out: "If the core inflation indicator falls below 3.0%, it may prompt investors to increase their bets on interest rate cuts, thereby putting pressure on the Canadian dollar." LSEG data shows that the market currently expects a 31% chance of the Central Bank of Canada cutting rates by 25 basis points at the September meeting, with a 69% chance of maintaining the interest rate.

According to ChainCatcher news, Jin10 reports that Japan's digital transformation minister Taro Kono stated that the Central Bank of Japan must gradually raise interest rates, as it is not ideal to maintain the real cost of borrowing at negative levels for a long period.

Gate News Bot news, on August 19, according to CoinMarketCap data, UTK (xMoney) is currently reported at $0.04, rising 14.96% in the last 24 hours, with a high of $0.04 and a low of $0.03. The current market capitalization is approximately $24.7 million, an increase of $3.22 million compared to yesterday. xMoney is a financial ecosystem that empowers businesses in the digital economy. The platform provides integrated services such as global payment acceptance, financial management, transaction splitting, and card issuance. xMoney is a major member of Visa and MasterCard, holds an electronic money institution license, is regulated by the Romanian Central Bank, and complies with MiCA regulations. xMoney's services include payment processing, subscription management, marketplace platform solutions, card issuance, and more, dedicated to providing security for businesses.

According to ChainCatcher news and Jin10 reports, the US stock market remained stable overall after opening on Monday. The market is following the White House's meeting regarding the Russia-Ukraine conflict, while traders prepare for upcoming retail earnings reports and the Jackson Hole annual meeting this week. The three major US stock indices opened with slight fluctuations between rises and falls. Corpay Chief Market Strategist Karl Schamotta stated that the market is confident that the Fed will cut interest rates in September, but the data released over the past two weeks has not provided solid evidence for easing.

On August 18, Jin10 data reported that emerging market assets rose slightly ahead of talks between Trump and Zelensky, with investors focusing on whether there will be signs of progress in the Russia-Ukraine peace protocol. The MSCI Emerging Markets Stock Index briefly rose by 0.6%. Investors remain cautious ahead of the Jackson Hole annual meeting later this week, as Powell’s speech may hint at the possibility of interest rate cuts in September. "The strong performance of risk assets has been remarkable, and valuations are increasingly stretched," wrote a team led by Deutsche Bank analyst Jim Reid in a report. The team led by Mark Haefele, Chief Investment Officer of UBS Global Wealth Management, stated in their report that given the huge gap in negotiating positions and the lack of decisive progress on the battlefield, "we expect the Russia-Ukraine conflict to continue into next year. Any negotiation process will be prolonged due to a lack of trust and the significant gap in objectives, and any protocol may be subject to skepticism."

Golden Finance reports that traders have reduced bets on further interest rate cuts by the Bank of England, believing that there will be no further cuts this year.

CoinTelegraph article points out that China's Central Bank's stimulus measures may shift liquidity towards Crypto Assets. The rise in US Treasury yields indicates a decrease in risk-averse sentiment, supporting the potential recovery of the alts market.

Central Bank data shows that non-bank deposits increased by 2.14 trillion yuan in July, setting a new historical record, and the market has reacted enthusiastically to this. Analysts point out that the new deposits may flow into the stock market, leading to a rise in margin deposits at securities companies. However, some brokerages remind investors to treat market sentiment rationally and note that investors mainly enter the equity market through indirect means such as fixed income + funds.

On August 16, Jin10 reported that Danish Prime Minister Frederiksen, who holds the rotating presidency of the EU, sharply criticized Israeli Prime Minister Netanyahu, stating that he has become a "problem" himself, and indicated that Denmark would push the EU to exert greater pressure on Israel. Frederiksen said, "We want to increase the pressure on Israel, but this position has not yet received widespread support from other EU member states." She mentioned that the pressure measures being considered by the Danish government include sanctions against the Israeli government, officials, and Jewish settlers in the West Bank. Since late July, France, the UK, Canada, and Australia have announced plans to recognize the State of Palestine at or before the 80th United Nations General Assembly scheduled for September, further isolating Israel internationally.

Gate News bot message, according to Reuters, the U.S. Federal Reserve has decided to end its specialized program focused on monitoring banks' cryptocurrency and financial technology activities. The central bank's move dissolves a team of about 20 employees established in recent years to examine how

Jin10 Data, August 15 - Central Bank: In the next stage, the financial system will continue to adhere to the fundamental purpose of serving the real economy, focusing on major national economic strategies, key areas, and weak links, supporting the main lines around technological innovation and expanding consumption, continuously optimizing the credit structure, promoting the adaptation of credit supply to economic structural adjustments and dynamic balance, further meeting the effective financing needs of the real economy, and providing stronger and more efficient support for high-quality economic development.

Jin10 data reported on August 15, Chief Macro Analyst Wang Qing from Dongfang Jincheng stated that in August, the Central Bank will continue to inject medium-term Liquidity through MLF and reverse repos. He also expects that the Central Bank may implement further reserve requirement ratio and interest rate cuts around the beginning of the fourth quarter.

Jin10 data reported on August 15, local time on August 14, that Abdul-Malik al-Houthi, the leader of the Houthi armed group in Yemen, delivered a televised speech, severely condemning the atrocities committed by Israel against Palestinians in Gaza and the West Bank, and stated that military actions against Israel would continue in support of Palestine. Abdul-Malik al-Houthi claimed that Israel was deliberately creating famine and malnutrition in the Gaza Strip, and was committing genocide against the people of Gaza by any means necessary. In the past week, Israel has caused approximately 3,500 casualties in Gaza, including many who came for aid supplies. He also condemned Israel's plans to occupy Gaza and its ambitions to annex the West Bank.

Jin10 Data reported on August 15 that UN Secretary-General António Guterres' spokesperson Stéphane Dujarric issued a media statement on the 14th, stating that Guterres calls on the Israeli government to immediately stop plans to advance the construction of settlements in the "E1 area" of the West Bank. The statement said that the UN's position is very clear: the settlements established and maintained by Israel in the West Bank, including East Jerusalem, violate international law. The settlements further entrench the occupation, exacerbate tensions, and systematically undermine the viability of a Palestinian state as part of a "two-state solution."

Morgan Stanley analyst Bruna Skarica believes that the UK's second quarter GDP rise of 0.3% is better than expected, but the growth momentum is slowing, which may lead the Central Bank to cut interest rates in November. The current market sees a 33% chance of a rate cut.

The Indonesian Benchmark stock index is expected to reach a historic high, with foreign investment returning to the market, and net purchases in July reaching $283 million. The Central Bank's interest rate cuts and better-than-expected economic growth have boosted market confidence, while falling bond yields have prompted more domestic investors to turn to high-yield assets such as stocks.

Jin10 data reported on August 14th that the macro research report from China Merchants states that recently, the equity market has created emotional suppression on the bond market, making stock trading a major factor affecting interest rate trends. However, due to the different pricing foundations of the two asset classes, the stock-bond seesaw is merely a phenomenon and not a rule, which will make it difficult for stock trading to sustain bond trading. From the underlying logic, the supply and demand of money remains the fundamental influence on the price of money (i.e., interest rate). Looking ahead, as the financing demand from the real sector weakens and the Central Bank continues to maintain ample liquidity, there is a lack of a sustained upward basis for interest rates, and the 1.7% yield on ten-year bonds still represents a window period for getting on board. The disclosure of financial data during this period has further strengthened our judgment of being bullish on the bond market; what is needed now may just be confidence and time.

Bitcoin (BTC) has set a new historical high, reaching a maximum of $124,474 on August 14. At the same time, altcoins are rising, and Bitcoin Dominance has fallen to a range of 59-61%. Google searches for altcoins have reached their highest level in five years. Google has stated that the new rules for the Google Play Store will not restrict the listing of unregistered hosted wallets. Standard Chartered Bank has raised its 2025 price forecast for Ethereum (ETH) from the previous $4,000 to $7,500.

Jin10 data reported on August 14th that despite facing the impact of US tariffs, Japan's economy is still expected to achieve moderate growth in the second quarter driven by domestic demand from capital expenditures, thus avoiding a technical recession. The median estimate from economists indicates that Japan's second quarter GDP may rise at an annualized rate of 0.4%, reversing the contraction seen in the previous quarter. Among 32 analysts surveyed, there is significant divergence in forecasts: 4 expect the economy to continue contracting, while 5 believe the growth rate will reach 1% or higher. The Japanese Cabinet Office will release preliminary data on Friday. This data may prompt the Central Bank of Japan to maintain its policy path for another rate hike this year—as long as authorities are confident that they can withstand the ongoing pressure of US trade policies on global business with resilient domestic demand.

Jin10 data on August 14: The Bank of Canada discussed a 25 basis point rate cut at its July meeting, but the ongoing trade disputes with the United States, the resilience of the Canadian economy, and the rising Inflation risks ultimately led the Bank of Canada to keep the policy interest rate at 2.75% for the third consecutive meeting. The minutes of the Bank of Canada meeting stated, "It is still too early to assess how tariffs and trade restructuring will affect Canada's economic activity and Inflation. The committee members unanimously agreed that if the economy continues to weaken and core inflation pressures diminish, they need to wait for clearer information before drawing a definitive conclusion about whether there is more room for easing."

According to Jin10 data on August 13, the Central Bank's data shows that in July, the cross-border Renminbi settlement amount under the current account was 1.57 trillion yuan, of which the amounts for goods trade, services trade, and other current accounts were 1.15 trillion yuan and 0.42 trillion yuan respectively; the cross-border Renminbi settlement amount for direct investment was 0.64 trillion yuan, with foreign direct investment and domestic direct investment amounting to 0.22 trillion yuan and 0.42 trillion yuan respectively.

Jin10 data reported on August 13: Central Bank: At the end of July, the balance of Broad Money (M2) was 329.94 trillion yuan, with a year-on-year rise of 8.8%. The balance of Narrow Money (M1) was 111.06 trillion yuan, with a year-on-year rise of 5.6%. The balance of currency in circulation (M0) was 13.28 trillion yuan, with a year-on-year rise of 11.8%. In the first seven months, a net cash injection of 465.1 billion yuan.

Today's financial highlights include Germany's CPI, the IEA oil market report, and the US EIA crude oil inventory data. Meanwhile, Fed officials will speak on monetary policy and economic outlook, and the Bank of Canada will also release the minutes of its monetary policy meeting.

On the 12th, the Bank of Korea released data showing that due to positive prospects for the US-Korea tariff negotiations and good corporate performance, the net inflow of foreign investment in Korean securities and bonds reached $4.83 billion in July, marking three consecutive months of net inflows of foreign capital.

Jin10 Data, August 12 – Betashares economist David Bassanese stated that the Reserve Bank of Australia seems likely to further lower interest rates. The inflation rate is close to the midpoint of the 2%-3% target range, and the official interest rate remains at a constraining level within the neutral zone. In fact, the Reserve Bank of Australia's prediction of manageable potential inflation is based on expectations of further rate cuts.