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03:31
Offshore RMB interbank offered rates mostly fall, with one-year rate hitting a nearly two-week low
Golden Ten Data reported on March 30 that key indicators measuring offshore RMB liquidity—the offshore RMB Hong Kong Interbank Offered Rate (Hibor)—showed that most major term interest rates declined on Monday. The one-year Hibor fell slightly to 1.85455%, hitting a new low since March 17. The one-week Hibor edged down to 1.55500%, the two-week Hibor dropped to 1.57303%, while the overnight Hibor rose by 15 basis points to 1.35697%. Click the link to view historical data…
03:30
Analyst: Bitcoin may further drop to the $60,000 support level
According to ChainCatcher, analysts point out that if this week’s US initial jobless claims and non-farm payrolls data are weak, it could trigger a rebound in risk appetite; if tensions between the US and Iran ease, Bitcoin could also return above $70,000.
03:25
Middle East conflicts impact the dining table! Fast food giants warn: double hit on costs and demand
Glonghui, March 30 | According to a recent research report by Bernstein, the management of McDonald's and Restaurant Brands International have both indicated that while the direct impact of the Iran war on the US supply chain remains limited at present, the broader macroeconomic effects are becoming increasingly apparent. Bernstein warns that as energy and commodity costs gradually rise, it is expected to further squeeze the profits of these two companies. To make matters worse, data from early March shows that under the shock of the Iran war, spending demand from the main consumer groups of both companies has cooled.
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