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On April 4, Mary Daly, President of the Federal Reserve Bank of San Francisco, stated in an interview with Fox News that the unemployment rate fell to 4.3% in March, which is "good news" that gives policymakers "more time" to balance the risks of inflation and the labor market. She remarked that the employment report released on Friday is "truly good news" and "very reassuring"; even amidst low confidence indices, the data indicates that "the economy and labor market remain stable". The increasing divergence in job growth is also considered "good news"; there are no signs of deterioration in the labor market, which "gives us more time to balance risks, and the current level of monetary policy is just right for this task". She noted that regional conflicts in Iran could simultaneously impact inflation and economic growth, but the duration of their effects is still uncertain. Consumers are facing pressure due to rising gasoline prices, which may affect consumer spending; however, the latest data shows that consumers continue to spend, "indicating that they have confidence in the economy," she said. (Zhitong Finance)

[Fed's Daly: Strong Employment Report Provides Time for Policymakers]On April 4, Mary Daly, President of the Federal Reserve Bank of San Francisco, stated in an interview with Fox News that the unemployment rate fell to 4.3% in March, which is "good news" that gives policymakers "more time" to balance the risks of inflation and the labor market. She remarked that the employment report released on Friday is "truly good news" and "very reassuring"; even amidst low confidence indices, the data indicates that "the economy and labor market remain stable". The increasing divergence in job growth is also considered "good news"; there are no signs of deterioration in the labor market, which "gives us more time to balance risks, and the current level of monetary policy is just right for this task". She noted that regional conflicts in Iran could simultaneously impact inflation and economic growth, but the duration of their effects is still uncertain. Consumers are facing pressure due to rising gasoline prices, which may affect consumer spending; however, the latest data shows that consumers continue to spend, "indicating that they have confidence in the economy," she said. (Zhitong Finance)

Fed's Daly: Strong Employment Report Provides Time for Policymakers

On April 4, analysts from TD Cowen wrote in a report that Microsoft is developing its own cutting-edge AI models, aiming for a launch in 2027, which will require significant computing power and may limit the long-term growth prospects of its Azure business. They noted that Microsoft's Chief Financial Officer has already indicated that computing resources will be prioritized for internal research and development, and this shift may already be reflected in Microsoft's expectations for the current fiscal quarter. The analysts stated, 'We do believe this will limit the upside potential and the ability for Azure growth to re-accelerate.' They anticipate that once the demand for computing power needed to train the new models begins to ease, resources may be reallocated to Azure by mid-2027.

[Analyst: Microsoft's AI Development Will Pressure Azure's Near-Term Growth]On April 4, analysts from TD Cowen wrote in a report that Microsoft is developing its own cutting-edge AI models, aiming for a launch in 2027, which will require significant computing power and may limit the long-term growth prospects of its Azure business. They noted that Microsoft's Chief Financial Officer has already indicated that computing resources will be prioritized for internal research and development, and this shift may already be reflected in Microsoft's expectations for the current fiscal quarter. The analysts stated, 'We do believe this will limit the upside potential and the ability for Azure growth to re-accelerate.' They anticipate that once the demand for computing power needed to train the new models begins to ease, resources may be reallocated to Azure by mid-2027.

Analyst: Microsoft's AI Development Will Pressure Azure's Near-Term Growth

On April 4, the Israeli Home Front Command stated that it detected missiles launched from Iran towards Israel and interception efforts are underway. Air defense alarms sounded in multiple areas of the southern region.

[Israel Reports Detection of Missiles Launched from Iran, Air Defense Alarms Sound in Southern Regions]On April 4, the Israeli Home Front Command stated that it detected missiles launched from Iran towards Israel and interception efforts are underway. Air defense alarms sounded in multiple areas of the southern region.

Israel Reports Detection of Missiles Launched from Iran, Air Defense Alarms Sound in Southern Regions

On April 4, Reuters reported, citing three sources, that a recent US intelligence report warns that Iran is unlikely to open the Strait of Hormuz in the short term. This strait is the world's most important oil transport route, and Iran's control over it is its only means of exerting real influence over the US. This finding suggests that Tehran may continue to block the strait to keep energy prices high, thereby pressuring President Trump to end the ongoing war, which has lasted nearly five weeks and lacks widespread support among the American public. The reports also provide updated information indicating that this war, aimed at weakening Iran's military power, may actually enhance its influence in the region, as it demonstrates Tehran's capability to threaten this critical waterway.

[Sources: US Intelligence Indicates Iran Unlikely to Open Strait of Hormuz Soon]On April 4, Reuters reported, citing three sources, that a recent US intelligence report warns that Iran is unlikely to open the Strait of Hormuz in the short term. This strait is the world's most important oil transport route, and Iran's control over it is its only means of exerting real influence over the US. This finding suggests that Tehran may continue to block the strait to keep energy prices high, thereby pressuring President Trump to end the ongoing war, which has lasted nearly five weeks and lacks widespread support among the American public. The reports also provide updated information indicating that this war, aimed at weakening Iran's military power, may actually enhance its influence in the region, as it demonstrates Tehran's capability to threaten this critical waterway.

Sources: US Intelligence Indicates Iran Unlikely to Open Strait of Hormuz Soon

On April 4, President Trump posted: Happy Easter to everyone, especially the 186,000 Americans who gained private sector jobs in March! My economic policies have created a powerful economic growth engine, and nothing can slow it down. Due to rapid localization and a surge in investments, factory construction jobs have significantly increased, while the trade deficit has shrunk by 52% in a year!

[Trump Boasts of Creating a Strong Economic Growth Engine]On April 4, President Trump posted: Happy Easter to everyone, especially the 186,000 Americans who gained private sector jobs in March! My economic policies have created a powerful economic growth engine, and nothing can slow it down. Due to rapid localization and a surge in investments, factory construction jobs have significantly increased, while the trade deficit has shrunk by 52% in a year!

Trump Boasts of Creating a Strong Economic Growth Engine

On April 4, a spokesperson for Iran's Khatam al-Anbia Central Headquarters issued a stern statement in the early hours, responding to recent military threats made by U.S. President Trump. The spokesperson warned the U.S. and its allies that if they dare to damage Iranian infrastructure, they will face a decisive counterattack. In response to President Trump's previous remarks about targeting Iranian bridges, power plants, and energy infrastructure, the spokesperson stated that if the U.S. takes action, Iran's armed forces will not only comprehensively strike all U.S. and Israeli assets in the region and occupied territories, including energy, fuel, economic centers, and power plants, but the scope of the attacks will also expand to include broader significant assets and allies and host countries supporting the U.S. and Israel. (CCTV News)

[Iranian Military Issues Stern Warning to the U.S.: Strong Retaliation if Iranian Infrastructure is Damaged]On April 4, a spokesperson for Iran's Khatam al-Anbia Central Headquarters issued a stern statement in the early hours, responding to recent military threats made by U.S. President Trump. The spokesperson warned the U.S. and its allies that if they dare to damage Iranian infrastructure, they will face a decisive counterattack. In response to President Trump's previous remarks about targeting Iranian bridges, power plants, and energy infrastructure, the spokesperson stated that if the U.S. takes action, Iran's armed forces will not only comprehensively strike all U.S. and Israeli assets in the region and occupied territories, including energy, fuel, economic centers, and power plants, but the scope of the attacks will also expand to include broader significant assets and allies and host countries supporting the U.S. and Israel. (CCTV News)

Iranian Military Issues Stern Warning to the U.S.: Strong Retaliation if Iranian Infrastructure is Damaged

On the 3rd, the US Dollar Index increased by 0.19%, closing at 100.218 in the foreign exchange market.

[US Dollar Index Rises 0.19% on the 3rd]On the 3rd, the US Dollar Index increased by 0.19%, closing at 100.218 in the foreign exchange market.

US Dollar Index Rises 0.19% on the 3rd

On April 4, according to NBC News, in a brief phone interview, U.S. President Trump stated that the crash of a U.S. fighter jet would not impact negotiations with Iran. Trump declined to discuss the specifics of the ongoing search and rescue operations following the jet's crash in Iran, but expressed dissatisfaction with some reports regarding the military operation, as it is clearly a tense and sensitive situation. When asked if the events of the day would affect negotiations with Iran, Trump responded that they would not be impacted. He stated, 'No, not at all. No, this is war; we are at war.'

[Trump: U.S. Fighter Jet Crash Will Not Affect Negotiations with Iran]On April 4, according to NBC News, in a brief phone interview, U.S. President Trump stated that the crash of a U.S. fighter jet would not impact negotiations with Iran. Trump declined to discuss the specifics of the ongoing search and rescue operations following the jet's crash in Iran, but expressed dissatisfaction with some reports regarding the military operation, as it is clearly a tense and sensitive situation. When asked if the events of the day would affect negotiations with Iran, Trump responded that they would not be impacted. He stated, 'No, not at all. No, this is war; we are at war.'

Trump: U.S. Fighter Jet Crash Will Not Affect Negotiations with Iran

On April 4, the Central Headquarters of the Iranian Armed Forces, Khatam al-Anbia, issued a statement on the 3rd, refuting the U.S. claim that 'Iran's air defense systems have been completely destroyed' and reported on the latest developments of the military operation 'Real Commitment-4'.

[Iran Denies Claims of 'Destroyed Air Defense Systems' and Announces Latest Military Achievements]On April 4, the Central Headquarters of the Iranian Armed Forces, Khatam al-Anbia, issued a statement on the 3rd, refuting the U.S. claim that 'Iran's air defense systems have been completely destroyed' and reported on the latest developments of the military operation 'Real Commitment-4'.

Iran Denies Claims of 'Destroyed Air Defense Systems' and Announces Latest Military Achievements

The Bitmain Cancun WDMS Global 2022 conference is being held in grand style. At the conference, Tether CTO Paolo gave a speech on the importance of Stablecoin. Xmei Lin, Bitmain's Director of Marketing, also announced at the conference that Bitmain is working on PoW ecosystem and community development, including ETC, LTC and more, and is exploring more partnership opportunities with Tether.

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【Bitmain to explore more partnership opportunities with Tether】The Bitmain Cancun WDMS Global 2022 conference is being held in grand style. At the conference, Tether CTO Paolo gave a speech on the importance of Stablecoin. Xmei Lin, Bitmain's Director of Marketing, also announced at the conference that Bitmain is working on PoW ecosystem and community development, including ETC, LTC and more, and is exploring more partnership opportunities with Tether.

Bitmain to explore more partnership opportunities with Tether

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Bitmain to explore more partnership opportunities with Tether

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