Overnight Key Developments on November 10
21:00 (UTC+8) - 07:00 (UTC+8) Keywords: Ledger, CFTC, inflation, Trump 1. Crypto hardware wallet provider Ledger may go public in New York; 2. Uniswap v4 has now processed over $200 billions in trading volume; 3. Trump: Will pay at least $2,000 in tariff dividends to every American; 4. Hassett: If the government shutdown continues, Q4 GDP may be negative; 5. The US CFTC is formulating tokenized collateral policies, expected to be released early next year; 6. Yilihua: ETH has started to rebound, remains optimistic about the subsequent market and buy-the-dip strategies; 7. US Treasury Secretary Bessent: Substantial progress is being made on inflation, and prices are expected to decline in the coming months.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
