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- 08:09U.S. tech stocks mostly rise in pre-market trading, ASML order volume exceeds expectationsChainCatcher news, according to Golden Ten Data, before the US stock market opened, major tech stocks generally rose. ASML (ASML.O) increased by 3.5%, with the company's third-quarter order amount reaching 5.4 billion euros, exceeding market expectations, and it forecasted continued strong performance next year. TSMC (TSM.N) rose by 3.4%, while Alibaba (BABA.N), Broadcom (AVGO.O), and Nvidia (NVDA.O) all rose by about 2%.
- 07:56Institutions: Trade deadlock and rising expectations of interest rate cuts drive safe-haven demand, gold price stands above $4,200Jinse Finance reported that the spot gold price has surpassed $4,200 per ounce, reaching a new high. Institutional analysis indicates that the trade deadlock and rising market expectations for further interest rate cuts have driven safe-haven buying in precious metals. Amid ongoing trade tensions and the prolonged U.S. government shutdown, investors are flocking to gold to hedge against geopolitical uncertainty. Meanwhile, a speech by Federal Reserve Chairman Powell overnight reinforced market bets on rate cuts, putting pressure on the U.S. dollar and further supporting gold prices. In addition, silver futures have also been boosted by safe-haven demand and tightening liquidity in the London market.
- 07:56Analyst: The current Bitcoin short-term holder SOPR indicator is below 1.00, indicating the market is in a state of realizing losses.Jinse Finance reported that Cryptoquant analyst Axel Adler Jr released a market analysis stating that the Bitcoin short-term holder SOPR indicator can reflect whether short-term holders (STH) are selling at a profit or at a loss. Currently, the indicator reading is below 1.00, indicating that the market is in a state of realizing losses and short-term demand is weak.