๐ Traditional Finance Daily Report | 9.30
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๐บ๐ธ US Stocks
โช๏ธ The probability of a Federal Reserve rate hike in October has fallen to 50%, and market expectations for potential rate cuts later this year have warmed up again. Meanwhile, the number of JOLTS job openings in the US for August dropped to the lowest level since March; the layoff rate remains low, and there are mild signs of cooling in the employment picture.
โช๏ธ Trump meets with AI industry executives. OpenAI launches a new product, Dots. Appleโs CEO pushes internal reforms, and the White House establishes an independent committee to oversee the implementation of AI agreements. The Pentagon has selected Boeing to be responsible for building the Navyโs next-generation fighter aircraft, providing a catalyst for defense-related stocks.
๐ฅ Gold and Commodities
โช๏ธ SPDR Gold Trust reduced its holdings by 1.425 tons in a single day; the worldโs largest gold ETF saw a small outflow of funds.
โช๏ธ Trump announced a 54-billion-US-dollar Alaska LNG liquefied natural gas export plan. Under ongoing pressure ahead of midterm elections, he continues to bet on energy infrastructure.
๐ข๏ธ Crude Oil
โช๏ธ Middle East supply has recovered to near pre-war levels, and oil prices have stabilized overall. The US plans to release 40 million barrels of strategic petroleum reserves via a swap mechanism. At the same time, the mediator is moving to restart negotiations on a temporary US-Iran agreement; geopolitical risk premium continues to be absorbed.
๐ Linkage with BTC
BlackRock stated that AI could drive demand for crypto. Combined with fading expectations of Fed rate hikes and expectations that liquidity may ease at the margin, overall risk assets remain relatively warm. SEC Chair Atkins reiterated that he hopes to promote the โon-chainโ linkage of the stock market; the narrative of integrating traditional finance with on-chain assets has once again received regulatory endorsement. In the short term, the interest-rate path and institutional narrative remain the key variables driving $BTC valuation. The macro backdrop isnโt particularly cold. #TradFi#Bitcoin
The above is for personal opinion sharing only and does not constitute investment advice. Please manage your position at your own discretion.
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๐บ๐ธ US Stocks
โช๏ธ The probability of a Federal Reserve rate hike in October has fallen to 50%, and market expectations for potential rate cuts later this year have warmed up again. Meanwhile, the number of JOLTS job openings in the US for August dropped to the lowest level since March; the layoff rate remains low, and there are mild signs of cooling in the employment picture.
โช๏ธ Trump meets with AI industry executives. OpenAI launches a new product, Dots. Appleโs CEO pushes internal reforms, and the White House establishes an independent committee to oversee the implementation of AI agreements. The Pentagon has selected Boeing to be responsible for building the Navyโs next-generation fighter aircraft, providing a catalyst for defense-related stocks.
๐ฅ Gold and Commodities
โช๏ธ SPDR Gold Trust reduced its holdings by 1.425 tons in a single day; the worldโs largest gold ETF saw a small outflow of funds.
โช๏ธ Trump announced a 54-billion-US-dollar Alaska LNG liquefied natural gas export plan. Under ongoing pressure ahead of midterm elections, he continues to bet on energy infrastructure.
๐ข๏ธ Crude Oil
โช๏ธ Middle East supply has recovered to near pre-war levels, and oil prices have stabilized overall. The US plans to release 40 million barrels of strategic petroleum reserves via a swap mechanism. At the same time, the mediator is moving to restart negotiations on a temporary US-Iran agreement; geopolitical risk premium continues to be absorbed.
๐ Linkage with BTC
BlackRock stated that AI could drive demand for crypto. Combined with fading expectations of Fed rate hikes and expectations that liquidity may ease at the margin, overall risk assets remain relatively warm. SEC Chair Atkins reiterated that he hopes to promote the โon-chainโ linkage of the stock market; the narrative of integrating traditional finance with on-chain assets has once again received regulatory endorsement. In the short term, the interest-rate path and institutional narrative remain the key variables driving $BTC valuation. The macro backdrop isnโt particularly cold. #TradFi#Bitcoin
The above is for personal opinion sharing only and does not constitute investment advice. Please manage your position at your own discretion.