The U.S. dollar maintained a narrow trading range early Monday, reflecting ongoing uncertainty following U.S. President Donald Trump's criticism of the Supreme Court. Bloomberg posted on X, highlighting Trump's disapproval of the court's decision to invalidate his use of emergency powers for imposing reciprocal tariffs. The ruling has introduced a degree of unpredictability in the currency markets, as traders assess the potential implications for U.S. trade policy and economic stability. The dollar's stability suggests cautious sentiment among investors, who are closely monitoring developments in the political and economic landscape.

A recent report highlights that retirements are the primary reason for Chief Financial Officer (CFO) departures, with burnout increasingly contributing to the trend. Bloomberg posted on X, emphasizing the growing impact of burnout on CFO turnover. The report suggests that while many CFOs are stepping down due to retirement, the pressures and demands of the role are leading to increased burnout, prompting some to leave their positions earlier than planned. This trend reflects broader challenges within the corporate sector, where executives face mounting stress and responsibilities. The findings underscore the need for companies to address workplace stress and consider strategies to retain top financial talent.

The U.S. stock market is encountering resistance at high levels, with concerns arising over the substantial investments made by major tech companies in artificial intelligence (AI). According to Ming Pao, there is uncertainty about whether future returns will meet expectations, leading to pressure on U.S. stocks. This pressure has also impacted the Hong Kong stock market, causing the Hang Seng Index to open and close lower. Fortunately, this appears to be an isolated development, primarily due to the pressure on the stock prices of certain weighted stocks within the Hang Seng Index.

The Swiss franc has recently shown strength, primarily influenced by the weakening of the U.S. dollar, high real interest rates in Switzerland, and increased demand for safe-haven assets. According to Ming Pao, Switzerland's inflation remains at a very low level, indicating that the real interest rates for the Swiss franc are still relatively high, providing support for the currency.

Dominic Rizzo, manager of the Global Technology Stock Strategy Fund, discussed the architecture of artificial intelligence in the cover story of Money Monday's 422nd issue, published on October 30, 2023. According to Ming Pao, Rizzo explained that AI architecture is divided into four layers. The lowest layer is the chip ecosystem, which is crucial for any AI investment. The third layer consists of infrastructure and enablers, including companies providing cloud computing services such as Apple, Microsoft, Amazon, and Alphabet. The second layer is the foundational model, which includes companies that develop applications like large language models, such as Microsoft's OpenAI, Meta's LLaMA, Google's PaLM2, and Amazon's Titan. The top layer involves applications like chatbots, including Microsoft's ChatGPT, Google's Bard, and Amazon's CodeWhisperer. Rizzo emphasized that chip stocks are among the strongest sectors in U.S. technology stocks due to their foundational role in AI investments.

The Berlin Film Festival, known for its strong political undertones among Europe's top three film festivals, encountered controversy this year due to comments made by the jury president. According to Ming Pao, German director Wim Wenders sparked debate with his statement that films should 'avoid politics.' Despite this, the awards ceremony held on Saturday, the 21st, could not escape political themes. The festival's top honor, the Golden Bear, was awarded to 'Yellow Letters,' a political drama depicting the struggles of an artist oppressed for their speech, caught between political stances and real-life challenges. During the award presentation, Wenders defended his earlier remarks, suggesting that artists and social activists can 'collaborate and divide roles.'

A large protest took place in Lyon, France, on Saturday, October 21, drawing thousands of participants. According to Ming Pao, the demonstration was held in memory of Quentin Deranque, a 23-year-old far-right activist who was allegedly killed by radical left-wing individuals. The police deployed drones to monitor the event and prevent any potential violence. This incident has heightened tensions across the nation, exacerbating social divisions.

Mar-a-Lago shooting led to a joint Secret Service-PBSO fatal force response after a man entered the secure perimeter; overnight investigation continues. source: https://coincu.com/news/mar-a-lago-shooting-prompts-probe-as-timeline-emerges/

Digital asset firm New Frontier Labs has entered into a partnership with BitGo Bank & Trust National Association to facilitate the issuance and custodial services for the FYUSD stablecoin. According to Cointelegraph, this dollar-pegged token is designed for institutional investors in the Asia region. BitGo's announcement highlighted that FYUSD adheres to the GENIUS Act stablecoin regulatory framework, which mandates 1:1 backing with cash deposits or short-term U.S. government debt instruments, along with anti-money laundering (AML) and know-your-customer (KYC) requirements. The company has also introduced 'Fypher,' a suite of stablecoin infrastructure tools that provides a programmable settlement layer for the FYUSD token. This allows it to be utilized by autonomous AI agents for commercial transactions. U.S. Treasury Secretary Scott Bessent has praised stablecoins as a means to maintain U.S. dollar dominance by reducing settlement times, lowering transaction costs, and democratizing access to U.S. dollars for those without traditional banking access. The total market capitalization of stablecoins currently stands at over $295 billion, a decrease from the peak of over $300 billion recorded in December, as reported by RWA.XYZ. Tether, the issuer of the USDt (USDT) dollar-pegged token, is experiencing a significant monthly drop in its circulating supply, marking the steepest decline since the collapse of the FTX crypto exchange in 2022. At the time of writing, the circulating supply was 183.64 billion USDT, according to CoinMarketCap data. Despite USDt maintaining its position as the world's largest stablecoin by market capitalization, its circulating supply has decreased by $1.5 billion in February, as per data from Artemis. This follows a $1.2 billion drop in January, indicating a second consecutive month of increased user redemptions. These redemptions may suggest a broader contraction in the crypto market, as investors liquidate their positions and move their holdings off-chain, potentially into other investments. However, Tether representatives informed Cointelegraph that the data reflects short-term positioning rather than a long-term trend of sustained outflows and market contraction.

A recent analysis highlights the S&P 500's average performance throughout the year, comparing all years to midterm election years. Bespoke Investment Group posted on X, showcasing a chart that illustrates these trends. The analysis suggests potential variations in market behavior during midterm years, offering insights into historical patterns and investor expectations. This information could be valuable for market participants seeking to understand the potential impact of midterm elections on stock market performance.

2026 年的条件明显更弱，在不恶化每股比特币含量的前提下，很难继续大规模买入。

本文用「加密版 M2」这一框架，对当前的流动性格局提供了一套可操作的分析方法。

传统金融,金融体系,投资,代币 vs. 股票：估值鸿沟 金色财经,加密行业已达到一个拐点。

未来几年通过配置国际股票和债券、并搭配一定比例黄金作为缓冲的多元化投资策略，成为不错的选择。

加密新型银行不只是把银行搬到链上，而是在重构资金存、花、增、借的运行轨道

被美国制裁踢出美元体系的委内瑞拉，转而用 Tether 结算 80% 的石油收入。

金色周刊是金色财经推出的一档每周区块链行业总结栏目，内容涵盖一周重点新闻、矿业信息、项目动态、技术进展等行业动态。

美国最高法院否决了总统特朗普第二任期内最具代表性的关税政策，特朗普表示“令人深感失望”，并承诺将设置新的贸易壁垒。

​当一只名叫Punch的小猴子紧紧抱住他的玩偶“Ora-mama”，全世界的心都被触动了。

稳定币不再是投机工具，它正在成为全球数亿人的主要支付和收款轨道。