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Stay up to date on the latest crypto trends with our expert, in-depth coverage.

Flash
  • 10:25
    US employment data may be significantly revised downward, strengthening expectations of interest rate cuts
    According to ChainCatcher, citing Golden Ten Data, economists from Wells Fargo, Lianxin Company, and Pantheon Macroeconomics expect that the annual benchmark revision data for nonfarm payrolls released by the U.S. Bureau of Labor Statistics on Tuesday will show that the number of employed people in March is nearly 800,000 less than currently estimated, averaging about 67,000 fewer per month. Nomura Securities, Bank of America, and Royal Bank of Canada, however, indicate that the number of downwardly revised jobs may be close to 1 million. A significant downward revision in the data would indicate a weakening of last year's labor market momentum and reinforce market expectations for a Federal Reserve rate cut.
  • 10:25
    Spot gold surpasses $3,620 per ounce, reaching a new all-time high
    Jinse Finance reported that the intraday gain of spot gold has expanded to 1%, now quoted at $3,617.84 per ounce, continuing to reach a new all-time high.
  • 09:31
    Goldman Sachs: US Stock Rally Expected to Expand to Small-Cap Sector
    According to ChainCatcher, citing Golden Ten Data, strategists at Goldman Sachs stated that as the economic outlook remains strong, laggards including small-cap stocks are beginning to catch up, and the record-breaking rally in the U.S. stock market is likely to broaden. The Goldman Sachs team believes that the Federal Reserve's expected rate cuts and a rebound in corporate earnings increase the likelihood of the rally spreading to areas such as small-cap stocks. Kostin pointed out that the breadth of the market rally is limited, indicating that there is still room for a "catch-up" rally in underperforming market sectors.
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