PANews reported on January 21 that, according to Jinshi News, on the 21st local time, the Chairman of the European Parliament's Committee on International Trade, Lange, announced that the review of the EU-US trade agreement would be suspended indefinitely. Lange stated that the European Parliament's negotiating team decided that day to suspend the Committee's review of the EU-US trade agreement. Lange said that the EU's sovereignty and territorial integrity are currently under threat, making it impossible to continue the relevant work as usual.



Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more