The Federal Reserve may cut interest rates by 25 basis points to a range of 3.25%-3.5% before the end of June

U.S. January Non-Farm Payrolls "Better Than Expected"! The market increases bets on the Federal Reserve cutting interest rates in July, with Bitcoin briefly surpassing $67,500,000.

The latest U.S. non-farm payroll data shows that 130,000 new jobs were added in January, far exceeding expectations. The labor market demonstrated resilience, easing concerns about an economic slowdown. The market currently expects the Federal Reserve to cut interest rates in July, and strong data has reduced the immediate need to implement easing policies. Additionally, Bitcoin experienced a brief rally before pulling back.

Gammaroad Chief Investment Officer: If Non-Farm Payrolls are not strong, we are closer to the neutral interest rate

ChainCatcher reports that, according to Jinshi, Gammaroad Capital Partners Chief Investment Officer Jordan Rizzuto stated that the potential employment situation appears to be stronger than expected and may even be more optimistic than the recent assessments and descriptions by the U.S. Federal Open Market Committee (FOMC). If these data are maintained in revisions in the coming months, the implications for monetary policy suggest that we are closer to the neutral interest rate than the market previously priced in.

Goldman Sachs: Non-farm payrolls better than expected; if Friday's CPI unexpectedly rises, it could turn the Fed hawkish

BlockBeats News, February 11 — Goldman Sachs Asset Management analyst Kay Haigh stated that there are some initial signs of the labor market tightening again, but there is still a way to go before it is fully tight. Given the economy’s continued outperformance, the focus of the FOMC will shift to inflation. We still believe the Federal Reserve has room to cut interest rates twice this year; however, if the CPI released on Friday unexpectedly rises, it could cause the Fed to lean hawkish. (Jin10)

The probability of the Federal Reserve maintaining interest rates in March before the non-farm payrolls announcement is 78.3%.

Odaily Planet Daily reports that according to CME "Federal Reserve Watch": the probability of the Federal Reserve cutting interest rates by 25 basis points by March is 21.7%, and the probability of keeping rates unchanged is 78.3%. The probability of a cumulative 25 basis point rate cut by April is 35.7%, with an 58.9% chance of holding rates steady, and a 5.4% chance of a cumulative 50 basis point cut. By June, the probability of a cumulative 25 basis point rate cut is 49%.

Bank Negara Malaysia Launches 3 Major Initiatives: Testing "Ringgit Stablecoin" and "Tokenized Deposits" Use Cases

Bank Negara Malaysia (BNM) has launched three major initiatives to test the applications of the "Ringgit stablecoin" and "tokenized deposits." Participating institutions include Standard Chartered Bank, Maybank, and UOB Group. The aim is to study their impact on financial stability, with plans to provide clear guidelines by the end of 2026.

Hong Kong Securities and Futures Commission's latest guidelines: opening virtual asset collateralized financing, first-ever perpetual contract framework, allowing affiliated companies to provide market-making

The Hong Kong Securities and Futures Commission (SFC) has issued new guidelines allowing licensed virtual asset brokers to provide margin financing services and establish a regulatory framework for perpetual contracts, limited to professional investors. The aim is to enhance market liquidity and risk management while opening up related companies to act as market makers. The SFC emphasizes a step-by-step approach to developing the digital asset market.