2022.11.21 Today’s Focus

1. US media: The United States requires Binance to pay more than $4 billion to settle criminal charges.

2. Crude oil options trading data: The probability that OPEC+ will deepen production cuts this week is 53%.

3. Goldman Sachs: Saudi Arabia’s 1 million barrels per day production cut is expected to be extended to Q2 of 2024.

4. UAW members ratify labor contracts at Ford, General Motors and Stellantis.

5. Bank of England Governor Bailey: Food and energy still pose upward risks to inflation, and interest rates may have to be considered again.

6. Federal Reserve-Barr: The interest rate peak may be close to or reached; Daly: High risks and "ambiguous" economic conditions mean the Fed should implement gradualism; Collins: The current data is very confusing, and the Fed is ready to wait patiently Prepare. Barkin will not rule out the possibility of further interest rate hikes. He believes that inflation is stubborn and this is a reason to keep interest rates high for a longer period of time.

7. OpenAI court battle context - More than 700 employees threatened to resign from the board of directors by switching to Microsoft, and reinstated Ultraman and Brockman. Board member Sutskever has turned to Ultraman. Microsoft CEO announced that Ultraman will join Microsoft, and the latter responded Saying "the mission is still in progress," OpenAI has appointed Shear, a former Twitch executive, as CEO.