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23:39
Overview of Key Overnight Developments on March 7
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.
23:21
Emerging markets face simultaneous stock and currency declines
Gelonghui, March 7th|The MSCI Emerging Markets Currency Index fell by 1.5% this week, while the MSCI Emerging Markets Stock Index dropped by about 7%, both recording their worst single-week performance since March 2020.
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