News

7:00-12:00 Keywords: Roman Storm, oil prices, Waller 1. Federal Reserve Chair nominee Waller will meet with key senators this week; 2. Goldman Sachs and Barclays both warn: persistently high oil prices could push US inflation to 3%; 3. Vitalik: The Ethereum Foundation is staking 72,000 ETH using DVT-lite technology; 4. Trump pressures Congress with voter ID bill, creating uncertainty for the advancement of the crypto market structure bill; 5. The US Department of Justice will retry Tornado Cash developer Roman Storm this fall; 6. The US CFTC Chairman outlines key priorities for the coming years, including clarifying crypto regulations and ending the jurisdictional dispute with the SEC; 7. Yilihua: Reiterates that Ethereum below $2,000 is a buying opportunity, optimistic about AI-driven innovation and restructuring opportunities in the crypto industry.

Golden Ten Data, March 10｜BlackRock Investment Institute stated that the Middle East conflict is triggering an energy-led supply chain shock, causing distinctly different impacts around the world. Strategists including Jean Boivin and Wei Li wrote in a report: Market pricing suggests the disruption will last for weeks, rather than days or months. In a global environment dominated by supply factors, this conflict has heightened inflation risks, which is also why U.S. Treasury yields have risen slightly and such bonds have failed to serve as a safe haven. "The rise in yields is consistent with our view: the current risk is an inflationary supply shock, rather than a demand-driven economic slowdown." "There is a risk of a stagflation shock, but it is not inevitable, and the market pricing has already reflected this." BlackRock is currently underweight on long-term U.S. Treasuries and is optimistic about U.S. equities.

BlockBeats News, March 10th, Deutsche Bank's Research Head Jim Reid bluntly stated in a recent research report that the current global energy market trend bears a "remarkable similarity" to the macro trajectory before the second oil crisis of the 1970s: both storms occurred 4-5 years after a major inflationary spike, with the epicenter pointing to Iran. The report stated, "Whether history repeats itself entirely depends on the duration of this conflict." However, Deutsche Bank pointed out that in the late 1970s, when inflation expectations spiraled out of control, the second oil shock ignited a "wage-price spiral," forcing central banks to adopt aggressive monetary tightening policies. Today, even after experiencing a surge in inflation in 2022-23, long-term inflation expectations remain exceptionally stable. (Wall Street Knowledge)