XXYY.cc Morning News | December 13th Overnight Key Developments Overview

21:00–7:00 Keywords: Powell · Trump · Oracle

1️⃣

Powell: AI is Partly Responsible for the Deterioration of Employment in the U.S.

In his latest statement, Powell pointed out that while artificial intelligence enhances efficiency, it is also structurally impacting some traditional jobs, and the trend of differentiation in the job market may continue.

2️⃣

Trump Tends to Choose Walsh or Hassett to Head the Federal Reserve

Multiple sources indicate that Trump's camp prefers candidates who are "hawkish but emphasize economic growth," as the market anticipates changes in future monetary policy direction.

3️⃣

U.S. 30-Year Treasury Yield Rises to Highest Level Since September

The rise in long-term rates reflects the market's increased expectations for high rates to persist longer, creating temporary pressure on risk assets.

4️⃣

Standard Chartered Bank and Coinbase Expand Institutional Digital Asset Service Cooperation

The two parties will deepen cooperation in custody, settlement, and institutional trading infrastructure, as traditional banks continue to accelerate their embrace of crypto assets.

5️⃣

10-Year U.S. Treasury Yield Rises About 5 Basis Points During "Federal Reserve Rate Cut Week"

Despite the Federal Reserve cutting rates as expected, the market interprets the overall stance as still cautious, leading to a rise in yields.

6️⃣

Oracle Responds: No Delay in Data Center Construction Related to OpenAI

Oracle emphasizes that investments in AI infrastructure are progressing as planned, indicating high certainty of long-term demand for AI from large tech companies.

7️⃣

Bank of America: U.S. Money Market Rates May Not Return to Normal Until December 2026

Bank of America believes that liquidity and policy normalization will still take a long time, and easing is not a short-term theme.