The U.S. Federal Reserve has kept interest rates unchanged as anticipated. According to RTHK, HSBC announced that it will maintain its Hong Kong dollar prime rate at 5%. Additionally, the savings account interest rate for Hong Kong dollar deposits will remain unchanged, with balances of 5,000 HKD or more earning an interest rate of 0.001%.

The British government has announced it is abandoning a proposal that would have allowed AI companies to use copyrighted content for model training with an "optional" clause. This proposal had drawn widespread opposition, including from Elton John, Dua Lipa, and the House of Lords. Science and Technology Secretary Liz Kendall stated that the government had listened to feedback and would no longer pursue the proposal. A report released at the same time indicated that a consensus had not yet been reached on how to balance creators' rights with the development of the AI ​​industry. Tom Kiehl, CEO of UK Music, called the move a "major victory." However, the British government has not yet proposed an alternative and stated that it will not adjust current copyright laws until it is certain that reforms will achieve economic and social goals. Technology industry groups worry that a prolonged lack of clear rules could weaken the UK's competitive position globally. (BBC)

Emerging market equities and currencies experienced a downturn for the first time this week as oil prices surged following attacks on key energy facilities in the Middle East. Bloomberg posted on X, highlighting the impact of these developments on global markets. The rise in oil prices has raised concerns about inflationary pressures, affecting investor sentiment and leading to a sell-off in emerging market assets. The geopolitical tensions in the Middle East have added to the uncertainty, prompting investors to reassess their risk exposure. As a result, both equities and currencies in emerging markets have faced downward pressure, reflecting the broader market volatility.

JPMorgan Asset Management has introduced its first Taiwan-focused wealth management product in over ten years, marking a significant move into one of Asia's rapidly growing exchange-traded funds (ETF) markets. Bloomberg posted on X, highlighting the increasing interest from global financial institutions in Taiwan's ETF sector. This development comes as international asset managers seek to capitalize on the region's expanding investment opportunities. Taiwan's ETF market has been attracting attention due to its robust growth and potential for high returns, prompting firms like JPMorgan to expand their offerings in the area. The launch signifies a strategic effort by JPMorgan to tap into the lucrative Asian financial landscape, aligning with the broader trend of global firms enhancing their presence in Taiwan's dynamic market.

Copenhagen's dining landscape continues to flourish despite recent criticism directed at its renowned restaurant, Noma. Bloomberg posted on X, highlighting the city's diverse culinary offerings that attract food enthusiasts from around the world. While Noma has faced scrutiny, other establishments in the city are gaining recognition for their innovative and high-quality cuisine. The Danish capital remains a top destination for gastronomes, offering a wide range of dining experiences that cater to various tastes and preferences. As the culinary scene evolves, Copenhagen continues to uphold its reputation as a hub for exceptional dining.

Japan's House of Representatives has approved two dovish nominees for the central bank's board, as proposed by Prime Minister Sanae Takaichi. According to Jin10, the appointees, Toichiro Asada and Ayano Sato, are expected to influence the timing and pace of future interest rate hikes by the central bank. This decision could have significant implications for Japan's monetary policy direction.

Morgan Stanley has advised investors to sell during the current rally in Asian equities, citing concerns over a potential market downturn due to rising energy prices. Bloomberg posted on X, highlighting the firm's cautionary stance as energy costs continue to climb, potentially impacting economic stability in the region. The investment bank's recommendation comes amid a broader market rally, which may be short-lived if energy prices persist in their upward trajectory. Investors are urged to remain vigilant and consider the implications of these developments on their portfolios.

According to BitMart's market observations on March 19th, major cryptocurrencies rebounded strongly to a high of $76,000 yesterday before pulling back, entering a high-level consolidation phase. Trading volume was moderate, but bullish momentum weakened, and investor caution increased. Major coin price performance: BTC is currently trading at approximately $71,275 (24h -1.8%), having quickly retreated after reaching a high of $76,000 yesterday, and is currently consolidating narrowly above $71,000; ETH is trading at approximately $2,211 (24h -0.5%), having slightly corrected after yesterday's rebound, and is fluctuating around $2,200; SOL is trading at approximately $90.93 (24h -1.2%), showing strong sector correlation but also following the decline. Overall, major assets have retreated from their highs, and market sentiment has shifted from the excitement following yesterday's surge to caution, with risk appetite cooling somewhat. Market Observation: After BTC broke through $74,000 and reached a high of $76,000 yesterday, the bullish momentum quickly weakened. Currently, it is consolidating in a narrow range above $71,000, failing to effectively hold the high, and selling pressure has eased somewhat. ETH has formed short-term support around $2,200, but the rebound is limited. SOL followed the mainstream decline, showing clear sector correlation. If the trading volume remains low and key support is breached, the market may continue to test the $69,000-$70,000 range. Conversely, if the trading volume increases moderately and is accompanied by a bottoming candlestick pattern, the market is expected to consolidate at higher levels, or even retest the $74,000-$75,000 resistance level. BitMart X Insight: The core characteristic of the current market phase is "a surge followed by a pullback, with insufficient momentum." The short-term rebound momentum brought about by yesterday's easing of geopolitical risks has clearly weakened, and the bulls lack sustained incremental support, with funds shifting from active chasing to defensive observation. From a macro perspective, pressure on the US dollar index remains, and the trend of institutional outflows has not fully eased, highlighting the high-beta nature of cryptocurrencies once again. Technically, $71,000 has become a key watershed in the short-term battle between bulls and bears; a decisive breach could open up further downside potential, while a recovery and hold above $72,000 could potentially trigger a second rebound. Overall, the market has entered a consolidation phase after a short-term pullback from its highs, lacking a systemic upward driver. Investors are advised to prioritize risk control, patiently await clearer directional signals, and avoid emotional chasing of highs and lows. Maintaining composure and monitoring subsequent macroeconomic events, changes in trading volume, and geopolitical developments is the safest approach at present. This article is for reference only and does not constitute any investment advice. The crypto market is highly volatile and risky; please make rational decisions and manage your personal risk accordingly.

China International Capital and Huatai International have decided to withdraw from a share placement involving Infini Capital Management. Bloomberg posted on X that this decision follows a recent raid on Infini Capital's offices by authorities. The hedge fund firm has been under scrutiny, prompting these financial institutions to reconsider their involvement in the share placement.

The security task force comprising representatives from Russia, the United States, and Ukraine has suspended its operations, according to a statement by Russian Presidential Press Secretary Dmitry Peskov. According to Jin10, Peskov made this announcement on March 18, highlighting the pause in the group's activities. The task force was initially established to address security issues among the three nations. The reasons for the suspension were not disclosed, and it remains unclear when or if the group will resume its work.

Japan is doubling down on a single stablecoin bet — and USD Coin is emerging as the clear winner.

How will the Federal Reserve's policy path evolve amid escalating tensions with Iran? What impact will the Middle East conflict have on the global macroeconomy? Is Powell truly determined to "go to the bottom" with Trump? Where will the market go next?

It will provide rules-based standards that will enable issuers and other market participants to better determine when crypto assets are exempt from federal securities laws.

The U.S. Securities and Exchange Commission approved a rule allowing Nasdaq to trade and settle certain stocks as blockchain-based tokenised shares alongside traditional ones. A pilot programme by the Depository Trust Company will test how these tokenised trades work within existing market systems.

In the coming months, the Federal Reserve, led by Powell, is expected to remain on hold while closely monitoring future economic data and awaiting a clearer timeline for the Iran conflict.

Federal Reserve, Powell, interest rate cut, energy crisis, ten key points from this Fed press conference (Golden Finance), at least... Powell was very candid.

Jinse Finance launches its 3000th issue of "Jinse Morning 8," a daily news report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on digital currencies and the blockchain industry.

Wall Street and Silicon Valley are abuzz with discussion about whether AI will devour SaaS or destroy its business model and valuation.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

The AI ​​revolution has only just begun, but it has already had a profound impact on financial institutions.