US Dollar:
1. Hassett downplayed the criminal investigation into Federal Reserve Chairman Powell.
2. US Treasury Secretary Bessant: We have four excellent candidates for Fed Chair. He believes the Senate will be satisfied with the election of any of these four candidates.
3. US President Trump stated that he never offered the Fed Chair position to JPMorgan Chase CEO Dimon.
4. Fed Vice Chairman Jefferson: He does not want to prejudge the January interest rate decision.
5. Fed Governor Bowman: Given the current risks, the Fed should not signal a pause in the rate-cutting cycle; the Fed should be prepared to cut rates again at any time.
6. Hassett may not be selected for the Fed Chair position, leading to a "shrinkage" in expectations for rate cuts.
Euro:
1. Eurozone finance ministers will elect the next vice president of the European Central Bank on Monday.
2. Eight European countries collectively oppose US tariffs.
Japanese Yen:
1. Japanese households expect the inflation rate to rise by an average of 11.6% one year from now, with a median of 10.0%.
2. The Japanese opposition coalition, the Nakado Reform Alliance, stated in its basic policy position statement that it will work to correct the excessive depreciation of the yen and lower the prices of daily necessities, including food and fuel.
3. Barclays: Expects no major surprises from the Bank of Japan's meeting next week.
Other:
1. Shanghai's 15th Five-Year Plan proposes exploring a pilot program for RMB foreign exchange futures trading.
2. China's GDP is projected to exceed 140 trillion yuan in 2025, a 5.0% increase year-on-year.
3. Sources: The Reserve Bank of India has proposed that BRICS members interconnect their digital currencies for cross-border payments.
