The Nasdaq China Golden Dragon Index fell more than 1%, with several Chinese concept stocks falling
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The Nasdaq China Golden Dragon Index fell more than 1%, Haitian Network fell 5.45%, Ideal Auto fell 3.30%, Lexin fell 4.08%, Kingsoft Cloud fell 4.04%, and Xinye Technology fell 2.91%.
The Federal Reserve's Musalam stated that higher real interest rates should be addressed through a rate hike policy, and inflation cannot be solved by relying on productivity. Inflation is significantly higher than the target, expectations are rising, and better policies need to be formulated by suppressing demand and inflation.
According to the AXIOS website, two US officials stated that US and Iranian negotiators have reached a 60 day memorandum of understanding to extend the ceasefire and initiate negotiations on Iran's nuclear program, but President Trump has not yet approved it.
According to The Washington Post, several officials in the Trump administration have put pressure on the US Treasury Printing House to develop a $250 bill featuring Trump's portrait and signature. According to regulations, US dollar banknotes are only allowed to print images of deceased individuals. Four insiders said that relevant officials had delivered design samples in August last year, which led to an escalation of internal conflicts. A head of the printing bureau who refused to cooperate was recently transferred from his position.
[ZEC's main force completed a market order worth 1.69 million US dollars, breaking recent records in scale]
ZEC sees a record-sized trade; large player intentions remain unclear.
