ChainCatcher news, the U.S. October CPI data released last night fully met market expectations, causing little stir in the market. However, the data performance has increased market confidence that the Federal Reserve will cut interest rates again next month, with the probability of a 25 basis point cut in December rising from about 58% earlier on Wednesday to around 80%.According to 4E monitoring, U.S. stocks showed volatility on Wednesday, with the three major indices collectively turning negative at the start, then rebounding to rise, but significantly narrowing gains by the end of the day, with the Nasdaq closing down 0.26%, the S&P 500 slightly up 0.02%, and the Dow Jones up 0.11%. The "Tech Seven Sisters" had mixed performances, and most cryptocurrency concept stocks retreated.The cryptocurrency market regained momentum after a brief pullback. Bitcoin broke through the important $90,000 mark last night, reaching a high of $93,265, then retreated after hitting a new historical high, and as of the time of writing, it was at $89,586. Bitcoin's market capitalization has now surpassed Saudi Aramco, making it the seventh largest asset in the world. Meme coins continue to rise, leading various sectors and becoming the focus of investors' attention.In the forex and commodities sector, after the CPI release, the dollar index initially fell and then rose, reaching a 13-month high since October last year, putting pressure on other currencies, with the offshore yuan falling below 7.25 yuan. Oil prices rebounded on Wednesday, closing up over 0.45%, lingering at two-week lows. The rise in the dollar and U.S. Treasury yields pressured gold prices to decline for the fourth consecutive trading day, hitting a near two-month low.The CPI data, which was in line with expectations, increased the probability of another rate cut by the Federal Reserve in December and helped to some extent alleviate market concerns about inflation prospects following a potential Trump victory. Currently, the market is focused on Thursday's PPI and weekly initial jobless claims, Friday's retail sales data, and comments from Federal Reserve Chairman Powell and other Fed officials. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex, recently launching a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher News, the U.S. October CPI report is about to be released. As the first major economic data after the election, it will clearly be a key factor influencing the future policy path of the Federal Reserve. Before this important inflation data is released, the market's rapid upward momentum has paused.According to 4E monitoring, all three major U.S. stock indexes fell on Tuesday. The Dow Jones Industrial Average closed down 0.86%, while the S&P 500 and Nasdaq ended their five-day winning streaks, closing down 0.29% and 0.09%, respectively. Among them, "Trump trade" stocks led the declines, with Tesla down 6.1% and Trump Media Group falling nearly 9%. Cryptocurrency-related stocks had mixed results, with MicroStrategy (MSTR) up 4.88% and Coinbase down 1.58%.The cryptocurrency market generally experienced a pullback, with Bitcoin slightly adjusting after breaking through the $90,000 mark to reach a new high. As of the time of writing, it was reported at $88,196, down 0.61%, while Ethereum was at $3,270, down 1.66%.In the forex market, the U.S. dollar index rose to its highest level since November 2022 on Tuesday, pushing the euro to its lowest in a year, the yen to its lowest in three months, and the offshore yuan briefly fell below 7.25 yuan, with other currencies also under pressure. Weighed down by the strengthening dollar and OPEC's fourth consecutive month of lowering global oil demand growth expectations, oil prices have dropped about 5% over the past two trading days. The rise in the dollar index has pressured gold prices down to nearly a two-month low.After the election, the market has already seen a significant rise approaching overbought conditions, and investors are beginning to consider that the main trading line in the market may shift back to the outlook for monetary policy. The U.S. October CPI report, which will be released tonight, could have a critical impact on the Federal Reserve's future interest rate cut process. Any significant surprises in the CPI report could trigger more pronounced market volatility. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and foreign exchange. Recently, it launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing potential hedging options for investors. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, last week the "Trump Trade" created a stir in the market. Trump's return to the White House and the Republican Party's potential landslide victory in Congress, along with the Federal Reserve's expected 25 basis point rate cut, have settled two major risk events, driving a significant rebound in the financial markets.According to 4E monitoring, U.S. stocks surged rapidly, with all three major indices hitting new highs last week, and the Dow Jones and S&P 500 recorded their best weekly performance of the year. Specifically, the S&P 500 index rose 4.66% over the week, the Dow gained 4.61%, and the Nasdaq increased by 5.74%. Tesla soared to a new high since April 2022, with a weekly gain of 29.01%, pushing its market cap above $1 trillion. Nvidia briefly surpassed Apple to become the world's most valuable company, with a weekly increase of 9.03%. The total market capitalization of the seven tech giants grew by nearly $94 billion over the week.Benefiting from Trump's support for cryptocurrencies and the prospect of pro-crypto lawmakers in Congress, Bitcoin broke through the $80,000 mark, setting a new historical high. As of the time of publication, it was at $81,635, with a 7-day cumulative increase of over 18%. Ethereum was reported at $3,207, with a 7-day cumulative increase of over 30%. Altcoins collectively surged, generally outperforming the market, boosting market sentiment.In the forex commodities sector, the U.S. dollar index rose last week, with a cumulative increase of 0.6% over six consecutive weeks, while non-U.S. currencies were generally under pressure. Oil prices experienced significant fluctuations over the week; early in the week, OPEC+ announced another delay in production increases, causing oil prices to rise sharply. However, U.S. EIA crude oil supplies hit a new high since August, dragging down the weekly oil price gains, with Brent crude rising 1.09% for the week. Spot gold fell 1.85% over the week due to a stronger dollar and the Federal Reserve's indication of an open attitude towards pausing rate cuts.With the U.S. elections concluded, investors will now refocus on the outlook for monetary policy and corporate earnings, continuing to assess the impact of Trump's policy expectations. This week, many Federal Reserve officials will speak, and the latest U.S. CPI data, PPI data, and retail sales figures will serve as important references for investors to gauge the health of the U.S. economy and the extent of the Federal Reserve's rate cuts in 2025. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and forex, recently launching a USDT stablecoin wealth management product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, the latest market analysis shows that Ethereum is facing multiple development challenges. Industry insiders point out that there are at least three major adverse factors affecting its development prospects.First, Ethereum founder Vitalik has significantly reduced his code contributions on GitHub recently, raising concerns in the market about the project's technological development.Second, the Ethereum Foundation has made several large-scale sales of ETH this year, which is interpreted as a sign of lack of confidence in the project's long-term value.Third, as a major public chain for DeFi and NFTs, Ethereum's Gas fees have remained low, and on-chain transaction activity has significantly declined, reflecting weakened user demand.Analysts believe that the combination of these three factors may affect Ethereum's dominant position in the blockchain field. Investors are advised to remain cautious under the current circumstances and closely monitor the project's subsequent developments.

ChainCatcher message, according to Mytoken data, as of now, based on the supply data analysis of Ethereum, the supply of ETH is greater than the amount burned, with an additional 11,431 ETH added in the last 7 days.Ethereum's revenue and ETH supply burn have significantly decreased, with total revenue being 69% lower than the average of the 150 days prior to the upgrade, and the amount of ETH burned being over 80% lower than the average of the 150 days prior to the upgrade.

ChainCatcher News: The U.S. election concludes with Trump announcing victory, sparking a surge in "Trump trades" in the capital markets. Funds are rapidly flowing into winners expected to benefit from Republican policies, while anticipated losers are being sold off.According to 4E monitoring, the three major U.S. stock indices hit historic highs on Wednesday, with the S&P 500 index rising 2.5%, marking the largest post-election day increase in history. The Dow Jones rose 3.57%, the largest increase in two years, and the Nasdaq closed up 2.95%, with most tech stocks rising. Tesla's stock price soared nearly 15% overnight, reaching its highest level since July 2023. Trump Media & Technology (DJT), prison stocks, cryptocurrency concept stocks, bank stocks, and energy stocks all surged, while the photovoltaic and new energy sectors, closely related to the "Harris victory concept," faced a complete rout.Trump's victory has triggered a frenzy in the cryptocurrency market, with all cryptocurrencies experiencing significant gains. Bitcoin also surged, reaching an all-time high of $76,400 at one point.The U.S. election concludes with a victory for Trump's camp, and global markets are beginning to engage in a game regarding the "Trump 2.0 era," starting to bet on a scenario of rising economic growth and inflation. Investors are highly focused on tonight's Federal Reserve monetary decision and Powell's speech.It is reported that eeee.com is a financial trading platform supporting assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange. Recently, it launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with a potential hedging option.

ChainCatcher News, U.S. Republican presidential candidate Trump announced victory in the 2024 presidential election. According to 4E monitoring, U.S. stock index futures continue to rise, with gains approaching 2%.As of the time of publication, the S&P 500 index and Nasdaq 100 index futures rose by 1.86% and 1.7%, respectively, while Dow futures soared by 875 points, up 2.05%. The Russell 2000 index futures even surged over 4.78%.In addition, the benchmark yield on U.S. Treasuries has risen to 4.41% for the 10-year Treasury note. The U.S. dollar index, which measures the dollar's performance against six major trade-weighted currencies, skyrocketed by 1.53%, reaching as high as 105.19, a four-month high.

ChainCatcher news, according to 4E monitoring, as the U.S. election enters its final countdown, the three major U.S. stock indexes collectively fell on Monday while most investors remained on the sidelines. The S&P 500 index closed down 0.28%, the Dow fell 0.61%, and the Nasdaq dropped 0.33%. Given the tight race between Trump and Harris, supporters on both sides were eager to "place another bet" before Monday. After three consecutive days of double-digit declines, Trump's media technology group, which at one point fell 5% on Monday, ultimately closed up 12.37%. Meanwhile, bets favoring Harris's victory also increased, with solar and clean energy stocks collectively rising on Monday.The cryptocurrency market continued to decline under the weakening influence of the "Trump trade." As of the time of writing, Bitcoin was priced at $67,939, down 1.4%, and Ethereum was at $2,407, down 2.32%.In the forex and commodities sector, the "Trump trade" was scaled back, coupled with expectations of a 25 basis point rate cut by the Federal Reserve on Thursday, leading the dollar index to drop over 0.4% to below 104, hitting a two-week low and marking the largest decline in over a month, with non-dollar currencies rising broadly. Oil prices were supported by OPEC+'s announcement to delay production increases, with intraday gains exceeding nearly 3%. Gold prices were boosted by safe-haven demand due to the uncertainty of the U.S. election, expectations of a Fed rate cut, and the dollar index reaching a two-week low, with spot gold closing up 0.05% at the end of U.S. trading.In recent days, a series of polls have shown the gap in winning probabilities between Trump and Harris rapidly narrowing, with both sides' vote counts now very close. The market is concerned that controversial vote counting results may delay the election outcome by several days. Additionally, if Trump loses the election, his supporters may cite these data to "prove" election fraud, potentially inciting unrest. Another catalyst for safe-haven sentiment is the Federal Reserve's interest rate decision on Thursday, along with Powell's remarks at the press conference.As the two storms approach this week, market volatility has intensified, and demand for safe havens has increased. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. Recently, it launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with a potential safe-haven option. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

ChainCatcher news, according to 4E monitoring, as the U.S. election enters its final countdown, the three major U.S. stock indices collectively fell on Monday while most investors remained on the sidelines. The S&P 500 index fell by 0.28%, the Dow Jones dropped by 0.61%, and the Nasdaq decreased by 0.33%. Given the tight race between Trump and Harris, supporters on both sides were eager to "place another bet" before Monday. After three consecutive days of double-digit declines, Trump's media technology group, which at one point fell by 5% on Monday, ultimately rose by 12.37%. Meanwhile, bets favoring Harris's victory also increased, with solar and clean energy concept stocks collectively rising on Monday.The cryptocurrency market experienced a broad decline due to the continued weakening of the "Trump trade." As of the time of writing, Bitcoin was priced at $67,939, down 1.4%, and Ethereum was at $2,407, down 2.32%.In the forex and commodities sector, the "Trump trade" was scaled back, coupled with expectations of a 25 basis point rate cut by the Federal Reserve on Thursday, causing the dollar index to drop over 0.4% to below 104, reaching a two-week low and marking the largest decline in over a month, with non-U.S. currencies rising broadly. Oil prices were supported by OPEC+'s announcement to delay production increases, with intraday gains of nearly 3%. Gold prices were boosted by safe-haven demand triggered by the uncertainty of the U.S. election, expectations of a Federal Reserve rate cut, and the dollar index hitting a two-week low, with spot gold closing up 0.05% at the end of U.S. trading.In recent days, a series of polls have shown that the gap in winning probabilities between Trump and Harris is rapidly narrowing, with both sides' vote counts now very close. The market is concerned that disputed vote counts could delay the election results by several days. Additionally, if Trump loses the election, his supporters may cite these data to "prove" election fraud, potentially inciting unrest. Another catalyst for safe-haven sentiment is the Federal Reserve's interest rate decision on Thursday, along with Powell's remarks at the press conference.As two storms approach this week, market volatility has increased, and demand for safe havens has risen. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. It recently launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

ChainCatcher news: The October non-farm data in the U.S. was far below expectations. Excluding the data distortions caused by two hurricanes and the Boeing strike, the labor market is gradually cooling down. Meanwhile, with the U.S. election results imminent, Trump's chances unexpectedly weakened, reversing the "Trump trade" and adding more uncertainty to the election.According to 4E monitoring, major tech giants released their earnings reports last week. On Friday, despite disappointing earnings from Apple, the weak October non-farm data boosted expectations for interest rate cuts. Coupled with positive earnings from Amazon and Intel, this lifted optimistic sentiment in tech stocks, with the Nasdaq rising 0.8%. However, looking at the week as a whole, U.S. stocks fell across the board, with the Nasdaq ending a seven-week rising trend, down 1.5% for the week, the S&P down 1.4%, and the Dow down 0.2%. The crypto market was affected by the weakening "Trump trade," and after approaching historical highs at the end of the month, risk aversion increased. As of the time of writing, Bitcoin was at $68,885, up 0.25%, with a 7-day increase dropping to 1.8%.In the forex and commodities sector, the dollar index experienced a V-shaped reversal on "non-farm day," breaking back above 104 and erasing the weekly decline, with a cumulative increase of 0.06% last week. The British pound was the only non-U.S. currency to rise, recovering from the previous two days' sell-off due to the budget proposal, but it has fallen for five consecutive weeks, marking the longest streak in six years. Spot gold saw a slight surge after the non-farm data on Friday, but as the dollar and U.S. Treasury yields remained strong, it subsequently fell back, ultimately closing down 0.32%, marking the largest weekly decline since August. Due to Iran's relatively restrained retaliation against Israel, U.S. crude oil production reached a new high, and combined with weak economic data such as non-farm payrolls raising demand concerns, international crude oil prices fell from high levels last Friday, with a cumulative drop of over 3% for the week.This week is set to be historic, as the U.S. election will commence final voting on November 5 (Tuesday), with results expected to be largely finalized by noon on the 6th Beijing time. Currently, the election situation is tense, with polls in swing states constantly flipping. The latest polls show no significant advantage between Trump and Harris, leading some investors to take profits on Trump-oriented positions, especially those related to Trump's policies and improvements in public opinion polls. The overall market sentiment is cautious, with increased uncertainty. eeee.com is a financial trading platform supporting assets such as cryptocurrencies, stock indices, precious metals, and forex, recently launching a USDT stablecoin wealth management product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news reports that according to 4E monitoring, on Thursday local time, U.S. stocks opened lower and the decline widened, with technology stocks, chip stocks, and AI concept stocks collectively falling. Despite the "Tech Seven Sisters" having outstanding revenue and profits, the market was disappointed with their performance guidance considering the current stock prices and valuation levels, leading to a broad sell-off. The Nasdaq fell sharply, closing down 2.76%, marking the largest decline in nearly two months, with a cumulative drop of 0.52% in October, ending a two-month rising streak; the Dow Jones closed down 0.90%, with a cumulative drop of 1.34% in October, halting a five-month rising streak; the S&P 500 fell 1.86%, with a cumulative drop of 0.99% in October, also ending a five-month rising streak.The cryptocurrency market fell collectively under the influence of U.S. stocks. As of the time of writing, Bitcoin fell below the $70,000 mark, trading at $69,851, down 3.18%, having risen nearly 10% in October due to increased trading activity related to Trump. Ethereum fell 5.1%, trading at $2,516, with a cumulative drop of 4.28% in October.The U.S. dollar index fell below 104 on Thursday, closing down 0.2%, but had a cumulative rise of about 3.1% in October. The dovish remarks from the Bank of Japan weakened, with the yen rising 1%, and a cumulative rise of 5.86% in October. Inflation in the Eurozone accelerated beyond expectations in October, strengthening the European Central Bank's cautious rate cut rationale, with the euro strengthening by 0.26%, but a cumulative drop of 2.25% in October. The British pound fell 0.51% against the dollar, with a cumulative drop of 3.55% in October.International crude oil continued its upward trend due to the potential escalation of tensions in the Middle East, with WTI crude oil rising over 2% at one point, and Brent crude closing up 1.87%, with a cumulative rise of about 2.38% in October. The demand for safe-haven assets ahead of the U.S. presidential election has driven gold prices to rise for four consecutive months, continuously hitting new highs, with spot gold having a cumulative rise of about 4.2% in October.Latest data shows that the U.S. PCE inflation in September increased by 2.1% year-on-year, in line with expectations. The market is focusing on the U.S. non-farm payroll report for October to be released tonight. Currently, the market generally expects that the number of new non-farm jobs in October will significantly slow down due to temporary unemployment caused by hurricanes and strikes. It is worth mentioning that when the employment report is released this Friday, there will only be four days left until the U.S. presidential election. If the data is extremely weak, it may affect the election and increase market volatility. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and foreign exchange. Recently, it launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential safe-haven options. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

ChainCatcher news, on Wednesday local time, the latest data released by the United States showed that the GDP growth rate in the third quarter slightly slowed down and fell short of expectations. The U.S. ADP employment data, known as the "little non-farm," far exceeded expectations, reaching the highest level in over a year. The mixed data reflects the ongoing uncertainty in the U.S. economy.According to 4E monitoring, U.S. stocks initially rose across the board in early trading but then sharply reversed to close lower. The Nasdaq, after hitting a new intraday high, led the decline with a drop of 0.56%. The Dow Jones Industrial Average fell by 0.22%, and the S&P 500 index dropped by 0.33%, with most of the "Tech Seven Sisters" and AI concept stocks declining. In the cryptocurrency market, the Trump trade lifted Bitcoin, which approached its historical high before retreating, currently hovering around $72,000. As of the time of publication, Bitcoin was at $72,245, down 0.23%, while Ethereum was at $2,652, up 0.71%.In the forex market, the U.S. dollar index briefly rose to an intraday high of 104.44 but then turned lower, ultimately closing down 0.17%. This was due to the market lowering expectations for a significant interest rate cut by the European Central Bank in December, with the euro rebounding against the dollar, closing up 0.35%. The uncertainty surrounding the U.S. election and geopolitical instability led the market to favor defensive positions like gold, which continued to receive support, with spot gold hitting a new historical high on Wednesday, ultimately closing up 0.43%. The unexpected decline in U.S. EIA crude oil inventories, along with reports that OPEC+ may delay its oil production increase plan, led to a rise in international oil prices on Wednesday, with WTI crude ultimately closing up 2.31% and Brent crude up 2.3%.The latest data shows that U.S. economic growth unexpectedly declined, with inflation and consumption higher than expected. A more comprehensive and closely watched non-farm payroll report for October will be released on Friday, with most in the market expecting that the Federal Reserve's pace of interest rate cuts will not change, continuing to cut by 25 basis points at the meeting on November 7-8. Meanwhile, the U.S. election is also entering a heated stage, with the latest polls showing voters leaning towards giving Trump better marks on economic issues. Global investors are also betting that Trump will win in next week's U.S. election, but regardless of the outcome, the market is expected to experience greater volatility as election day approaches. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex, recently launching a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, this week is a busy week for economic data. The Fed's favored inflation indicator PCE data, the October non-farm payroll report, and the Q3 earnings reports from Apple, Google, Microsoft, Meta, and Amazon will determine the market direction at the start of November.According to 4E monitoring, last week the three major U.S. stock indexes had mixed performances. Tesla's stock price surged, pushing the Nasdaq up about 0.9%, marking its seventh consecutive week of gains and just a step away from its historical high. The S&P 500 fell 0.3% last week, and the Dow Jones dropped 2.6%, both ending a six-week winning streak. The cryptocurrency market saw significant declines last week, with Bitcoin priced at $67,668, down 2.18% over the past seven days, and Ethereum at $2,490, nearly 10% lower over the same period.In the forex commodities sector, the dollar index approached a three-month high on Friday, rising 0.8% last week and marking its fourth consecutive week of gains, while political uncertainty led to a 1.9% decline in the yen last week. Due to the instability in the Middle East and the U.S. election, along with global central bank rate cut expectations, spot gold reached a historical high for three consecutive days last week before giving back some gains, but still ended the week up over 0.9%, marking its sixth consecutive week of increases. The tense situation in the Middle East has pushed both U.S. and Brent crude oil prices up over 4% for the week.Recently, the market has increasingly anticipated a soft landing for the U.S. economy, and this week's series of economic data will test investors' bets. On Wednesday, the U.S. Q3 GDP estimate will be released, followed by the September PCE data on Thursday, and the October non-farm report on Friday. With the policy meeting approaching, Fed officials have once again entered their routine blackout period, and the market widely believes there is a high possibility of a 25 basis point rate cut. The influx of data combined with the approaching U.S. election will intensify market volatility. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex, recently launching a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to 4E monitoring, on Thursday, only the Dow Jones fell among the three major U.S. stock indices. Dragged down by the earnings reports of IBM and Honeywell, the Dow fell 0.33%, marking its fourth consecutive day of decline; the S&P 500 index rose 0.21%, halting a three-day losing streak; Tesla surged nearly 22%, supporting the Nasdaq and the consumer discretionary sector, with the Nasdaq reaching a peak increase of over 0.8% during the session. Most cryptocurrencies rose, with Bitcoin rebounding to surpass $68,000, up 0.9%, and Ethereum reported at $2,513, down 1.5%.In the foreign exchange bulk market, the U.S. dollar index fell about 0.4% on Thursday, ending a three-day rally and retreating from a nearly three-month high; as U.S. Treasury yields fell alongside the dollar, gold prices surged significantly. Spot gold jumped by $20.52, an increase of 0.76%, approaching historical highs again; concerns about a slowdown in the European economy negatively impacting oil demand, coupled with reports that the U.S. and Israel would attempt to restart negotiations on a ceasefire in Gaza, pressured oil prices, with U.S. oil and Brent oil rising over 2% before turning to a decline of more than 1%.Multiple economic data released in October support the market's bets on a regular 25 basis point rate cut by the Federal Reserve in November. The market is still focused on corporate earnings reports; so far, over 32% of companies in the S&P 500 index have reported their third-quarter results, with 76% of those companies exceeding analysts' expectations. Despite the continuous major news during earnings season, with the U.S. election approaching, the overall U.S. stock market remains directionless. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange, recently launching a USDT stablecoin wealth management product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to 4E monitoring, on Wednesday, the three major U.S. stock indices fell, influenced by weak stock prices of Apple and Nvidia. Investors sold off technology stocks, chip stocks, and AI concept stocks, dragging the Nasdaq down by 1.60%, leading the decline, while the Dow and S&P both fell about 1% and have declined for three consecutive days. The cryptocurrency market followed the general downturn of U.S. stocks, with Bitcoin briefly approaching $65,000. As of the time of writing, Bitcoin is at $67,300, up 0.36%, while Ethereum is at $2,550, down 2.43%.In the foreign exchange and commodity markets, as the election approaches, investors are weighing the possibility of a significant victory for Trump, which is considered the most favorable outcome for the dollar. The dollar index rose over 0.3% to near a three-month high, with the yen, euro, and pound all declining. Spot gold approached $2,760 during the session, setting a historical high for five consecutive days. Subsequently, the dollar and U.S. Treasury yields rose together, putting pressure on precious metals, turning gains into losses. Spot gold fell 1.2% at the close, while spot silver briefly dropped 4%, departing from its twelve-year high. Last week, the EIA crude oil inventory increase exceeded expectations, putting pressure on oil prices, with U.S. oil falling over 1.3%, ending a two-day rise.The Federal Reserve's Beige Book released on Wednesday showed little change in U.S. economic activity, with an increase in hiring by businesses and continued easing of inflationary pressures. With a series of strong economic data released recently, expectations for Fed rate cuts have weakened, coupled with "Trumpflation" prompting the market to reconsider rate cut expectations, especially for next year, leading to a sustained rise in the dollar and U.S. Treasury yields, which pressured risk assets. The stock market, commodities, cryptocurrencies, and non-U.S. currencies were generally under pressure. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodity gold, and foreign exchange. It recently launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with a potential hedging option. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

ChainCatcher news, the series of data released recently has paved the way for a "soft landing" of the U.S. economy. With only 2 weeks left until the U.S. election, the market is pricing in the prospects of a Trump victory, and global financial markets are generally on the rise.According to 4E monitoring, the Dow Jones Industrial Average rose by 0.96% last week, the S&P 500 rose by 0.85%, and the Nasdaq rose by 0.80%. All three major U.S. stock indices have risen for six consecutive weeks, with the S&P and Dow setting records for the longest weekly winning streak this year. The cryptocurrency market is replicating the upward trend that historically begins in late October. As of the time of writing, Bitcoin is priced at $69,198, just a step away from the $70,000 mark, with a weekly increase of 10.41%. Ethereum is priced at $2,741, with a weekly increase of 11.95%.In the foreign exchange market, the U.S. dollar index fell after consecutive gains last Friday but still maintained above the 103 mark, with a weekly increase of about 0.6% and three consecutive weeks of gains. The intensifying U.S. election and expectations for more monetary policy easing have propelled spot gold to set new historical highs for two consecutive days last Thursday and Friday, with a weekly increase of about 2.4%. Silver rose about 7% for the week, reaching nearly a twelve-year high. The oil market performed poorly last week due to concerns about global demand prospects and the U.S. pushing for a ceasefire in Gaza, with U.S. oil falling over 8% for the week, ending a two-week winning streak, while Brent crude fell nearly 7%.The global economy is welcoming unexpected good news, and market optimism is becoming evident. However, as the U.S. election enters a critical phase, political uncertainty still exists. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, spot gold, and foreign exchange. Recently, it launched a USDT stablecoin wealth management product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

ChainCatcher News: The U.S. Department of Commerce announced yesterday that September retail sales exceeded expectations with a month-on-month increase of 0.4%, highlighting the resilience of U.S. consumer spending, which continues to provide strong momentum for the U.S. economy. A series of robust economic data recently has reinforced market expectations for only a 25 basis point rate cut.According to 4E monitoring, after the data release, U.S. stocks opened higher but then fell, with the S&P reaching a new intraday high before turning down, and the Nasdaq also nearly erasing its early gains. However, the Dow Jones reached new intraday and closing highs, marking two consecutive days of gains. By the close, the S&P 500 was down 0.02%, the Nasdaq was up 0.04%, and the Dow was up 0.37%. The cryptocurrency market followed U.S. stocks with slight fluctuations; at the time of writing, Bitcoin was at 67,972, up 0.8%, and Ethereum was at 2,632, up 0.43%.In the forex and commodities sector, positive economic data pushed the U.S. dollar index to an 11-week high, rebounding 3.34% since October. The European Central Bank is expected to cut rates on Thursday, causing the euro to decline for four consecutive days to an 11-week low. Last week, U.S. EIA crude oil inventories unexpectedly decreased, indicating strong demand, which led to a rise of about 0.40% in international oil prices, halting a four-day decline and moving away from two-week lows. Spot gold benefited from uncertainties surrounding the U.S. elections and expectations of more monetary policy easing, approaching 2,700 dollars, setting a new historical high, with an increase of over 30% this year.Recent data shows that retail sales continue to grow, with better-than-expected non-farm payroll data, a stronger-than-expected unemployment rate, and a recent cooling trend in initial jobless claims. Coupled with the steady decline in U.S. inflation and the upward revision of long-term GDP growth rates beyond expectations, this provides strong support for the "soft landing" logic of the U.S. economy. Meanwhile, a new round of global rate cuts is accelerating, significantly improving financial market sentiment and generally increasing investors' risk appetite. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. It recently launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to official sources, Aria Game, PoP Planet, 4EVERLAND, Bitbot, zeeverse, We.Rich, All Your Base, Nextmate.ai, Toss.fun, Hashwar and 10 other EVM project teams on Telegram have now integrated with the upgraded OKX Connect protocol of OKX Web3. For Telegram Mini Apps that support OKX Connect, users can directly invoke the OKX Web3 wallet and perform signature transactions and other DApp interactions on the TON or EVM chains.It is reported that after updating to the latest version of the App, users can enjoy related services through supported Dapps. Currently, OKX Connect supports TON and EVM networks to help developers build DApps faster on Ton and Telegram, co-creating the Web3 ecosystem. In the future, OKX Connect will also soon expand to popular networks such as Sui and Solana.

ChainCatcher news, according to 4E monitoring, on Wednesday, all three major U.S. stock indexes rose, with the S&P 500 up 0.47%, the Dow Jones up 0.79% hitting a new high, and the tech-heavy Nasdaq up 0.28% lagging behind due to concerns over ASML's disappointing earnings. AI concept stocks had mixed results, with Nvidia closing up 3.13% nearing its peak. The sentiment in the crypto market remains high, with Bitcoin slightly retreating after breaking above $68,000 for the first time since July; as of the time of writing, Bitcoin is up 0.26% at $67,520, while Ethereum is down 0.15% at $2,622.In the forex market, the "Trump trade" reignited, pushing the dollar index up over 0.2% to a ten-week high. The yen has been continuously declining recently, and weaker inflation data from Europe and the UK has bolstered expectations for interest rate cuts by the Bank of England in November and the European Central Bank this Thursday. The pound has fallen to its lowest level in two months, and the euro has dropped to its lowest in ten weeks. Concerns over oil supply disruptions in the Middle East have eased, leading to a continued decline in oil prices, which have retraced most of the gains made after Iran launched ballistic missiles at Israel earlier this month. Expectations for global central bank rate cuts have increased, supporting spot gold, which rose over 0.4% on Wednesday, nearing historical highs.Expectations for slight rate cuts from major global central banks have warmed, with traders currently estimating a roughly 94% chance of a 25 basis point rate cut by the Federal Reserve in November. The market is focused on the retail sales data for September to look for clues on rate cuts. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, spot gold, and forex, recently launching a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.