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Connect scattered updates into a story you can understand.
Binance founder CZ said that more countries may issue local-currency stablecoins to increase demand for their domestic currencies and government bonds, and stated that USD has already taken a clear lead.
PANews, citing Deutsche Bank's view, reported that AI driven market adjustments may cause USD to fall alongside U.S. stocks, weakening USD traditional safe-haven characteristics.
U.S. Treasury Secretary Scott Bessent stated that digital assets and USD stablecoins could strengthen USD's global dominance and provide new sources of financing for the U.S. government. He also said that the Treasury Department could work with SEC、CFTC to advance regulation.
The U.S. Treasury Secretary reportedly said that digital assets, especially stablecoins, can help strengthen USD its position and may expand demand for U.S. Treasury debt.
UBS expects gold may retest per ounce 4000 USD, but strong dip-buying demand and central-bank gold purchases will provide support.
CICC published its views on hedging AI risks, stating that the AI USD effect is reshaping global equities markets and mentioning gold’s allocation value as a hedge.
Lombard Odier has turned bullish on USD and lowered its EUR against USD forecast, citing stronger US growth and eased concerns about the Federal Reserve's independence.
October 19, citing market data, BlockBeats reported that the USD index breaks through 102 the threshold, with an intraday increase of 0.22%。
According to BlockBeats, citing Bitget market data,CNY against USD central parity rate was raised from the previous day by 12 points to 6.7208, appreciating to its highest level since February 2, 2023.
BlockBeats reported that Waller, during the IMF meeting, refused to prejudge the outcomes of the remaining two rate-setting meetings this year. The report said that during his speech, the market-implied October probability of a rate hike fell from approximately 30%to approximately 17%。
DBS Bank analyst says US core CPI may slow from 0.3%to 0.2%, with inflationary pressure not yet broadly diffused, and the USD rally potentially facing a test.
BlockBeats reported that Mark Newton, a fund analyst under Tom Lee, expects global stock markets to strengthen after a short-term consolidation and said that the pullback from October mid-to-late through November could present a good opportunity.
