
Since the end of November, Bitcoin has been trading between $91,000 and $109,000, with a very narrow range of volatility. In other words, Bitcoin's volatility has decreased significantly. According to Glassnode, the two-week real volatility (a measure of how much an asset has moved over the past two weeks, on an annualized basis) has fallen to 32%, one of the lowest levels in several years. In addition, the one-month volatility implied by options (the market's expectation of volatility over the ...
Job openings in the U.S. rose to a six-month high in November, driven by a surge in the business services sector, while demand for workers in other industries was more complex. The Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS), released Tuesday, showed openings rose to 8.10 million from 7.80 million in October, beating all analysts' expectations. The growth was driven almost entirely by professional and business services and financial and insurance...
National Bureau of Statistics: From January to November, industrial enterprises above designated size across the country achieved a total profit of 6.66748 trillion yuan, down 4.7% year-on-year.
According to The Block Research, decentralized exchange (DEX) transaction volume reached $300 billion in November, surpassing the previous cycle high of $260 billion set in May 2021. Uniswap maintained its market lead with 40% of total trading volume in November, while Raydium emerged as a strong competitor with an 18% market share. According to The Block Research, Raydium's significant contribution was in part due to memecoin trading activity and pump.fun projects. The ratio of DEX to CEX (Cent...
National Energy Administration: As of the end of November, the country's cumulative installed power generation capacity was about 3.23 billion kilowatts, an increase of 14.4%
U.S. Bureau of Labor Statistics: Nonfarm payrolls rose 227,000 in November, and the unemployment rate remained unchanged at 4.2 percent. Employment in industries such as health care, leisure and hospitality, government and social assistance was on the rise. Retail jobs declined.
EIA Natural Gas Report: As of the week of November 29, total U.S. natural gas inventories were 3.937 trillion cubic feet, 30 billion cubic feet lower than the previous week, 185 billion cubic feet higher than the same period last year, an increase of 4.9% year-on-year, and 284 billion cubic feet higher than the five-year average, an increase of 7.8%.
Bank of America economists say investors should keep an eye on the two-month growth rate when the November jobs report is released on Friday, especially given the risk of a major revision to the October data. A Wall Street Journal survey shows that the U.S. non-farm payroll is expected to record an increase of 214,000 in November, up from 12,000 in October. Bank of America expects that number to exceed 240,000 due to the impact of hurricanes and the Boeing strike. It also expects the labor force...
As of the week of November 26, the number of non-commercial long positions in CBOT soybeans was X lots, compared with the previous reporting date... The soybean COT index was...