Overview of Key Overnight Developments on August 2
21:00 (UTC+8) - 7:00 (UTC+8) Keywords: Trump, Powell, Nonfarm Payroll Data 1. Trump calls again: Powell should resign in disgrace; 2. White House economist: Economic statistical agencies need a "new perspective"; 3. Trump: Nonfarm payroll data is being manipulated to embarrass me; 4. Fed Governor Kugler to resign next week, giving Trump an opportunity for appointment; 5. The US SEC Crypto Special Task Force will hold a series of roundtable meetings across the country; 6. The US SEC will establish a task force to leverage AI to enhance the agency's overall innovation and efficiency; 7. Trump: Has instructed his team to immediately fire the head of the Labor Bureau, says Powell should also "retire"; 8. Fed's Bostic: Today's employment data will not change the Fed's decision this week.
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