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, on the 18th, the Federal Reserve announced a 50 basis point cut to the target range for the federal funds rate, exceeding market expectations. This is the first rate cut by the Federal Reserve in four years and marks a shift from a tightening monetary policy cycle to an easing cycle. The dot plot indicates that the Federal Reserve expects to cut rates by another 50 basis points this year.According to 4E Exchange observations, after the interest rate decision was announced, U.S. stocks experienced a rollercoaster ride, with all three major indices climbing and then retreating, ultimately closing slightly lower. Both the Dow Jones and the S&P 500 indices reached all-time highs during the day. Non-U.S. currencies rose broadly, oil prices dipped slightly, gold fell after reaching a new high, and the cryptocurrency market saw widespread gains, with Bitcoin up 3.26% and Ethereum rising 3.1% as of the time of writing.With the onset of the rate-cutting cycle and the continued decline of risk-free rates, institutional investors may increase their positions in the cryptocurrency market in search of higher returns. However, it is important to note that while rate cuts typically have a positive impact on risk assets, significant cuts have also raised some market concerns about the health of the U.S. economy, which can have a significant impact on prices. 4E reminds you to pay attention to recent market volatility risks and to allocate assets wisely.

ChainCatcher news, 4E Exchange will collaborate with well-known industry influencers to hold an AMA event tonight at 8 PM on the official Chinese channel of 4E X Space. This AMA will share hot topics from Token2049, delve into the global economic situation, especially the impact of the Federal Reserve's interest rate cuts on the market, and provide practical advice for listeners on how to establish risk-resistant growth strategies amidst market fluctuations. In addition, the 4E official stated that participants in this Space event will have the opportunity to enter a community lottery and receive generous airdrop rewards.It is reported that the 4E platform integrates various financial products such as cryptocurrencies, foreign exchange, stocks, commodities, and indices, providing one-stop trading services. This time, 4E appeared as a platinum sponsor at TOKEN2049, with booths P80 & P83 becoming the focus, and a series of innovative products received high attention and praise. In addition, the rich interactive activities at the 4E booth allow followers to receive exquisite peripheral gifts.

ChainCatcher news, the top crypto event TOKEN2049 has kicked off in Singapore, with 4E appearing as a platinum sponsor at booth P80&P83. With its outstanding security guarantees and innovative products, 4E quickly became the focus of the exhibition area, attracting a large number of attendees' attention.During the event, coinciding with its one-year anniversary, in addition to enjoying a refreshing treat at the 4E ice cream bar, 4E also organized fun interactive activities that drew many attendees to check in. A series of peripheral gifts such as AFA co-branded suitcases, backpacks, power banks, and high-end cocktail shakers were claimed, creating a lively atmosphere at the event.It is reported that as a one-stop financial asset trading platform, 4E integrates various financial products including cryptocurrency, foreign exchange, commodities, stocks, and indices, providing global users with a safe, convenient, and efficient trading experience. This appearance at the TOKEN2049 conference has garnered 4E significant attention and widespread recognition from the global crypto community.

ChainCatcher news, on September 15 local time, Trump was attacked again, fortunately without injury. According to 4E Exchange observations, after the incident, U.S. stock index futures, the dollar, and the cryptocurrency market remained relatively stable. Polymarket data shows that Harris's probability of winning the presidential election has slightly decreased by 1%, currently at 50%, still slightly higher than Trump's 49%.The incident occurred during a low-volume weekend, with the market performing relatively calmly, but it may trigger volatility in the foreign exchange market. The current focus of the market remains on the upcoming Federal Reserve meeting scheduled for September 17-18.According to the latest updates, the probability of a 50 basis point rate cut has risen to 45%, after briefly dropping to single digits earlier last week. U.S. stocks rose for five consecutive days last week, with the S&P 500 up a cumulative 4.02%, just 0.7% away from its all-time high; the Nasdaq rose a cumulative 5.95%; and the Dow Jones increased by 2.6%, just about 0.5% away from its previous high.4E Exchange is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange, and is a platinum sponsor for Token2049 in 2024. With the Federal Reserve meeting approaching, 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

ChainCatcher news, according to 4E Exchange observation, the year-on-year growth rate of the U.S. CPI in August fell to 2.5%, marking a decline for the fifth consecutive month, but the core CPI rose 0.3% month-on-month, exceeding expectations. The market has lowered its expectations for a 50 basis point rate cut by the Federal Reserve next week, with the likelihood of a 25 basis point cut rising to 85%.After the data was released, U.S. stocks experienced a V-shaped rebound following an initial drop at the open, with all three major indices closing higher. The Dow Jones increased slightly by 0.31%, the Nasdaq rose by 2.17%, and the S&P 500 index gained 1.07%. Tech stocks led the rebound, with Nvidia rising over 8%. In the foreign exchange and commodities markets, the U.S. dollar index surged, putting pressure on non-U.S. currencies, while gold experienced significant volatility.CPI data indicates that the Federal Reserve is approaching its 2% target, a change that will support future rate cuts, benefiting risk assets and supporting the long-term rise of U.S. stocks and cryptocurrency assets like Bitcoin. However, the Fed's focus on core inflation may lead to a more cautious monetary policy, limiting the short-term upside potential for the market.4E Exchange is a financial trading platform supporting assets such as cryptocurrencies, stock indices, commodity gold, and foreign exchange, and is a platinum sponsor for Token2049 in 2024. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

ChainCatcher news, the globally renowned fintech exhibition WIKI FINANCE EXPO BANGKOK 2024 was successfully held in Bangkok. 4E, as an exhibiting brand, won the "Best Forex Trading Platform" award, showcasing its profound background and strength in the forex trading field.It is reported that WikiEXPO is an industry-recognized top financial exhibition and fintech communication platform. With its extensive international influence and high-quality attendee lineup, it has become a barometer for the global fintech and forex industry. 4E, as a platform providing one-stop trading services for forex, cryptocurrencies, commodities, stocks, and indices, stood out from numerous exhibiting brands through comprehensive and multidimensional competition, winning this prestigious award. This also marks another demonstration of 4E's influence on the international stage, following its role as the global partner of the Argentina national team and platinum sponsor of TOKEN2049 (SG).

ChainCatcher news, the 2024 WikiEXPO Thailand Financial Exhibition grandly opened in Bangkok, gathering thousands of financial elites, industry leaders, and technology enthusiasts from around the world. 4E, as a partner of WikiEXPO, was invited to participate in this summit and showcased its latest products and technologies at booth E5.According to on-site reports, 4E attracted special attention from attendees, with its E5 exhibition area bustling with visitors, becoming the star of the exhibition and demonstrating 4E's strength as a leading global trading platform.It is reported that the 4E platform integrates various financial products including cryptocurrencies, forex, stocks, commodities, and indices, providing one-stop trading services. With its excellent user experience and strong technical support, it has accumulated over 1.2 million loyal users globally, covering more than 20 countries and regions, showcasing a strong development trend.

ChainCatcher news, according to 4E Exchange monitoring: On Friday, all three major U.S. stock indexes fell. In the first trading week of September, the Nasdaq dropped 5.77%, marking the largest weekly decline since January 2022; the S&P fell 4.25%, and the Dow Jones dropped 2.93%, both recording the largest weekly decline in a year and a half. The cryptocurrency market continued to plummet, with Bitcoin dropping over 10.51% for the week and Ethereum falling over 13.84%.U.S. non-farm payrolls in August fell short of expectations, and after experiencing recent turmoil in the stock market, the market is like a startled bird, amplifying any shortcomings. Although the market expects the Federal Reserve to start a rate-cutting cycle this month, Fed officials did not clearly indicate a 50 basis point cut in September, which disappointed the market somewhat. September has historically been a poor-performing month for U.S. stocks and cryptocurrencies, with weak market confidence indicators. Against this backdrop, eeee.com launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with a potential hedging option to achieve stable returns amid market turbulence.

ChainCatcher news, according to 4E Exchange monitoring: U.S. stocks performed well in August, with the Nasdaq, Dow Jones, and S&P 500 rising by 4.1%, 2.0%, and 3.9%, respectively. The cryptocurrency market performed poorly, with Bitcoin down 10.25% and Ethereum down 23.66%, while many altcoins hit historical lows. However, the supply of stablecoins increased against the trend by 2.9%, reaching $148.4 billion, with USDT and USDC holding market shares of 78.7% and 17.4%, respectively. Notably, the 5.5% annualized yield USDT financial product launched by eeee.com has attracted investor attention. 4E Exchange points out that amidst the panic in the crypto market, U.S. stocks and high-yield USDT financial products provide investors with new asset allocation options. Investors are advised to weigh risk and return and make informed decisions based on personal financial goals.