News

Golden Ten Data reported on March 4 that Kieran Davies, Chief Macro Strategist at Coolabah Capital, stated that the Reserve Bank of Australia may have a complex view of the GDP data for the fourth quarter of 2025, as the data simultaneously shows strong domestic demand growth and weak consumer spending. He added that the Reserve Bank of Australia may regard the weakness in consumer spending as an anomaly, but these data still reduce the likelihood of a rate hike this month. Davies said the probability of a rate hike in March is roughly fifty-fifty.

Arizona is advancing legislation to establish a state-level digital asset reserve fund using confiscated cryptocurrencies. Arizona Senate Bill 1649 (AZ SB1649) allows the state treasurer to hold, invest, or lend BTC, XRP, and other assets that exist solely in digital form and can confer economic rights, ownership, or access.

Golden Ten Data reported on March 4 that overall inflation in South Korea may remain close to the central bank's 2% target level in February. The median forecast from a survey of 13 economists by The Wall Street Journal shows that the core consumer price index rose 2.1% year-on-year, compared to a 2.0% increase in January. The survey indicates that CPI is expected to rise 0.4% month-on-month in February, consistent with the growth rate in January. Citi economist Jin-Wook Kim said: "Prices for energy and other industrial products, including processed foods, may decline compared to last month, which could offset inflationary pressure from agricultural products. On the other hand, due to seasonal factors related to the New Year and the start of a new year, prices for a wide range of personal services may increase."