🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
#美联储降息预期升温# Global Forex Market Latest Updates Summary (September 15)
Important information related to the US dollar
1. Trump expressed expectations for a significant interest rate cut by the Federal Reserve this week.
2. Trump continues to pressure the U.S. Court of Appeals to approve the removal of Federal Reserve Governor Cook from office.
3. According to the document records, Federal Reserve's Cook registered his property located in Atlanta as a "vacation home" instead of a "primary residence."
4. U.S. Treasury Secretary Bascent has interviewed 4 of the 11 candidates for the position of Federal Reserve Chairman, among which BlackRock executive Rick Reed is considered a strong contender to succeed the Federal Reserve Chairman.
Latest situation of non-US major currencies
1. ECB Governing Council member Cœur stated that the current interest rate adjustment cycle of the ECB is nearing its end.
2. According to market news, the South Korean Trade Minister plans to travel to the United States next Monday to engage in tariff-related negotiations.
3. The South Korean Finance Minister stated that the U.S. side is actively considering the issue of the Korea-U.S. currency swap.
4. Canadian Prime Minister Carney pointed out that due to the impact of U.S. tariff policies, Canada's budget deficit will be very significant and will exceed last year's level.
Global Economic Development Elsewhere
1. The New Zealand Institute of Economic Research ( NZIER ) released a report stating that the country's economists have downgraded the GDP growth forecast for the 2025-26 fiscal year to 1.5%.
2. The New Zealand Treasury issued a statement indicating that the economic recovery process in the second half of this year faces uncertainties.
3. The Prime Minister of Thailand emphasized the urgent need to address the problem of the Thai baht appreciation, and the Minister of Finance will discuss the challenges brought by the strengthening of the baht with the Federation of Thai Industries on Monday evening.
4. The Federation of Thai Industries expressed its position that the exchange rate of the Thai baht against the US dollar in the range of 34 to 35 would be more beneficial for the country's economic development.