Jin10 reported on May 2 that Allianz Chief Economist El-Erian stated that the April non-farm report confirmed the "lingering American exceptionalism." This indicates that we still have some momentum as we enter a difficult period. The question is, is this momentum strong enough to get us through the tough times?

Jin10 data reported on May 2nd that the average hourly wage in the United States increased by 0.2% in April, with the year-on-year growth rate remaining roughly stable at 3.8% compared to March. Since 2022, wage growth has gradually slowed, but the inflation driving real income growth for workers is also slowing down. How long wage growth can be sustained will be a key factor in determining whether the increase in one-time tariffs will translate into a long-term inflation cycle.

According to BlockBeats news on May 2, market sources indicate that the Trump team is ready to put pressure on Russia to end the war.

BlockBeats news, on May 2, traders cut bets on The Federal Reserve (FED) rate cuts, expecting nearly four rate cuts from the FED this year. (Jin10)

BlockBeats news, on May 2, the U.S. unemployment rate in April is 4.20%, expected to be 4.20%, previous value 4.20%. (Jin10)

BlockBeats news, on May 2, ahead of the non-farm payroll release, the US dollar weakened, while non-USD currencies and Spot gold strengthened. (Jin10)

Jin10 data reported on May 2nd, the US dollar weakened before the non-farm payroll release, while non-US currencies and Spot gold strengthened.

According to LSEG data, on May 2, Jin10 reported that the Hong Kong dollar reached a strong side convertibility guarantee level of 7.75 HKD against the US dollar on Friday. The last time the Hong Kong dollar reached the strong side convertibility guarantee level was at the end of 2020, and it touched the weak side convertibility guarantee level in 2022 and 2023.

Google has upgraded its Wallet service for privacy, using ZKP technology for age verification, allowing users to confirm their age without sharing personal information. This feature is now live, with Bumble being one of the first partner companies.

PANews May 2 news, according to encryption analyst Ali Martinez's disclosure of data on platform X, whales have purchased over 900 million XRP in the past month.

PANews, May 2 news, according to Onchain Lens monitoring, after 2.11 years of silence, a Whale sold 14.38 WBTC (1.39 million USD) and bought 758.25 ETH at an average price of 1836 USD.

$ANLOG

Jin10 data reported on May 2nd, Japan's Kyodo News stated that the United States is unwilling to exempt Japan from the 10% reciprocal tariff, highlighting the difficult negotiations between the U.S. and Japan. Analysts from the financial website Forexlive indicated that the situation is not progressing smoothly... The issue here is that the U.S. may want to retain the 10% reciprocal tariff for all economies and "sell" it as good news; the market might even appreciate it (considering it is still much lower than what was announced on April 2nd), but Japan has not made concessions on this point.

BlockBeats news, on May 2, according to Spot on Chain monitoring, Curve founder Michael Egorov has sold 343,452 CRV (approximately $224,000) since April 8. Since March 24, the total sale volume has reached 3,433,000 CRV (approximately $1.85 million), with an average selling price of $0.539.

Jin10 data reported on May 2nd, the monetary policy authority of the Taiwan region: based on responsibilities, has timely intervened; will continue to strive to maintain dynamic stability of the New Taiwan Dollar, and closely follow the dynamics of the international financial market; the New Taiwan Dollar soared by 1.247 against the US Dollar during the trading session, marking the largest single-day rise since 1998.

Jin10 reported on May 2 that the Korean won has broken the key psychological barrier of 1400 against the US dollar, as the possibility of trade negotiations in the United States boosted the market sentiment for risk assets in the region. The US dollar fell by 1.9% against the Korean won at one point, reporting 1396.60, the lowest level since December of last year.

According to ChainCatcher news, the decentralized AI blockchain platform Sahara AI stated on the X platform that the public Testnet SIWA will be launched on May 19.

Jin10 Data, May 2 - After the inflation data in the Eurozone exceeded expectations, the euro continued to strengthen against the dollar, and European bond yields continued to rise. The CPI year-on-year in April remained at 2.2%, higher than the predicted 2.1%. The core inflation rate accelerated from 2.4% in April to 2.7%, exceeding the expected 2.5%. Data from LSEG shows that the market continues to digest expectations of a further 60 basis point rate cut by the Central Bank before the end of the year.

Jin10 data reported on May 2nd that the International Monetary Fund (IMF) and other public data reports show that central banks around the world net purchased 17 tons of gold in March, with a total purchase volume of 35 tons and a sale volume of 18 tons, among which Uzbekistan reported a net sale of 11 tons. As the first quarter of this year comes to a close, gold demand remains strong.

Jin10 data, May 2 news: On May 2 local time, Ukraine's First Deputy Prime Minister and Minister of Economy, Svirydenko, stated in an interview with Ukrainian media that the Ukraine-U.S. Reconstruction Investment Fund will begin operations within one month or one and a half months after the Ukrainian Parliament (Verkhovna Rada) approves the mineral agreement reached with the United States. Svirydenko expressed hope for the fund to be launched as soon as possible, as it should become a tool for the recovery and development of key sectors of the Ukrainian economy. In addition, she stated that Ukraine is seeking to resolve the technical issues related to the establishment of the fund as soon as possible so that the fund can start operations immediately.

According to BlockBeats news on May 2, Moonshot Listings has monitored that Moonshot has launched Boopa, with a market capitalization currently reported at 8.26 million USD, a rise of 77.21% in the past hour, and a trading volume of 15.4 million USD in the past 24 hours.

Jin10 reported on May 2 that Harrods department store in the UK confirmed on the 1st that recent network hackers attempted to breach its systems. This is the third reported cyber attack targeting major UK retailers following similar incidents with Marks & Spencer and Co-op Food. It is unclear whether these incidents are related. Harrods stated on the 1st that recent network hackers attempted to breach its network systems. The company's security team immediately took proactive measures to ensure system security, thus restricting access to the company's website that day. However, all stores remained open for business.

ChainCatcher message, World Chain announced that it will integrate Circle's USDC and cross-chain transfer protocol CCTP V2. Circle is converting all existing cross-chain USDC held by World Chain into native USDC.

Jin10 data reported on May 2, TikTok's profits in Australia doubled in 2024, with revenue also doubling. According to data, as of December 31, 2024, TikTok's annual revenue in Australia reached 679 million AUD (approximately 3.15 billion RMB), up from 375 million AUD the previous year; profits were 31.2 million AUD, nearly three times the 11.4 million AUD in 2023.