Overview of Key Overnight Developments on March 7
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21:00 (UTC+8) - 7:00 Keywords: Iran, Nonfarm Payrolls, Rate Cut, Florida 1. U.S. nonfarm payrolls decreased by 92,000 in February; 2. Strive executive states that Bitcoin's collateral attributes have been upgraded; 3. Florida passes the first state-level stablecoin bill in the U.S.; 4. Traders expect the Federal Reserve to cut rates at least once by 2026; 5. Trump: No agreement with Iran unless it surrenders; 6. Federal Reserve's Harker: Fed's interest rate policy is likely to remain unchanged for quite some time; 7. Federal Reserve's Collins: No urgent need to change monetary policy stance, inflation is expected to slowly return to the 2% target.
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