Overview of Important Economic Data This Week (July 21-27, 2025)

Rating Impact: (Four stars, overall market impact is limited)

Wednesday, July 23, 2025

22:30 US EIA Crude Oil Inventory for the week ending July 18 (10,000 barrels)

- Focus: Potential impact of changes in crude oil supply and demand on the energy market and inflation expectations.

Thursday, July 24, 2025

20:30 US Initial Jobless Claims for the week ending July 19 (10,000 people)

- Focus: Evaluation of labor market resilience, reference for Federal Reserve policy direction.

Review of Last Week's Key News

1. (GENIUS Act) Promoting the Development of Stablecoins

- US stablecoin regulatory framework may see breakthroughs, with multiple institutions accelerating compliance with stablecoin business.

2. Controversy over El Salvador's Bitcoin Holdings

- Government claims no new BTC purchases (contradicting the president's statement), IMF confirms no abnormal changes in holding data.

3. Bank of England Stress Test

- Requires some banks to simulate dollar liquidity shock scenarios to strengthen the financial system's risk resistance.

4. Dynamics of Cryptocurrency Products in Hong Kong

- Pando Capital plans to launch a spot Ethereum ETF with staking capabilities, further enriching local cryptocurrency asset options.

Today's Macro Focus

1. BlackRock Ethereum Trust Staking Option

- New staking feature sparks discussions on SEC approval process, possibly paving the way for spot ETH ETF.

2. Trends in Trump's Tariff Policy

- EU plans to formulate countermeasures, global trade friction risks intensifying.

3. New Listings on Binance and Market Data

- YALA (Yala) will be listed on Binance Alpha on July 22; ETH contract open interest surpasses $52.4 billion (historical high).

4. US Treasury Secretary Supports Blockchain

- Bessenet publicly stated that blockchain technology will drive the innovation of the next generation payment system.

Note: Data and event impacts should be evaluated in conjunction with real-time market sentiment, and attention is recommended to sudden policy changes and institutional movements.#MichaelSaylor暗示增持BTC $ETH