1. The number of initial jobless claims in the United States is lower than expected, and Federal Reserve's Williams says another rate hike before the end of the year is reasonable
For the week ending September 19, the number of initial jobless claims in the United States was 197,000, compared to an expectation of 201,000, with the previous value revised from 196,000 to 198,000.
AI interpretation: The initial jobless claims are lower than expected and remain at historical lows, directly proving that the demand in the U.S. labor market is extremely strong. This tight employment environment supports wage growth, thereby exacerbating the stickiness of core inflation. In the face of such robust employment data, the Federal Reserve must maintain high interest rates to prevent the economy from overheating. The market's fantasy of a rate cut in the near term has been completely shattered, and the high-interest rate environment will persist for a longer time. -Original2. Trump will discuss security, technology, and "super intelligence" related issues with Xi Jinping
U.S. President Trump stated he will discuss issues related to security, technology, and "super intelligence" with Xi Jinping. -Original
3. U.S. 30-year Treasury yield rises to 5.4583%, reaching a 22-year high
The U.S. 30-year Treasury yield rose to 5.4583%, reaching a 22-year high; the two-year U.S. Treasury yield increased by 0.85 basis points, reported at 4.904%. -Original
4. U.S. Senate votes 50-49 to reject resolution limiting Trump's war powers on Iran
The U.S. Senate voted 50 to 49 to reject a resolution that would limit Trump's war powers regarding Iran, which called for the president to withdraw U.S. troops from hostile actions against Iran. -Original
5. The Federal Reserve proposes a rulebook for stablecoin issuers under the GENIUS Act, incorporating cryptocurrency into banking policy
The Federal Reserve proposed a rulebook for stablecoin issuers under the GENIUS Act, incorporating cryptocurrency into U.S. banking policy. -Original
6. Sequans liquidates 710 Bitcoins, several listed companies holding BTC face valuation discounts
Several listed companies holding Bitcoins have their stock prices trading below net asset value, facing valuation discount pressure. French chip and software developer Sequans has sold and closed all 710 Bitcoins on its balance sheet, exiting its cryptocurrency holdings. -Original
7. Bitget confirms unauthorized transfers occurred in hot wallets, with losses of about $351.6 million, has suspended withdrawals
Bitget confirmed that unauthorized transfers occurred in some of its hot wallets, involving assets of about $351.6 million, and has currently suspended withdrawals. -Original
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