20:47 2025-04-23
Wealth manager Glenmede: "Don't fight the Trump administration" is the new "Don't fight the Fed"Less than 100 days into Mr. Trump's second administration, traders have woken up to the reality that Mr. Trump may be more willing than expected to upend global trade to increase domestic manufacturing and reduce trade deficits with other countries, especially after the April 2 "Liberation Day" tariff announcement. This new reality has roiled US stocks. "The result is the equivalent of an external shock, like COVID-19," said Mike Reynolds, vice-president of investment strategy at wealth manager ...
20:47 2025-04-23
Strategist: Small news can cause big repercussions in a tariff-worried environmentMarta Norton, chief investment strategist at Empower Investments, said: "Any positive news from the U.S. government, such as Bessant's statement on Tuesday that trade tensions will ease, drives the market away from a negative baseline. Investors are uneasy as we try to figure out the true cost, scope and duration of tariffs, as well as the impact on the economy. This environment makes every little piece of news more resonant."
20:47 2025-04-23
Trump: Zelensky's remarks are very harmful to peace talksOn April 23 local time, US President Trump posted on his social media platform "Real Social" that Ukrainian President Zelensky's remarks that "Ukraine will not legally recognize the occupation of Crimea" are very harmful to peace talks with Russia. Trump said that Ukraine's situation is "precarious" and Zelensky can choose peace, or fight for another three years until he loses the entire country.
20:44 2025-04-23
US Treasury releases data on investment funds and foreign investors buying US bonds in the past two weeksUS Treasury data show that in the most recent two-week reporting period, investment funds bought $26.249 billion of 10-year Treasury bonds due February 15, 2035, up from $26.954 billion last month; foreign investors bought $7.168 billion of 10-year Treasury bonds due February 15, 2035, up from $4.636 billion last month. Investment funds bought $39.725 billion of 3-year Treasury bonds due April 15, 2028, up from $44.782 billion last month; foreign investors bought $4.74 billion of 3-year Treasury...
20:44 2025-04-23
The word "tariffs" appears 107 times in the latest Fed Beige BookThe word "tariffs" appeared 107 times in the Fed's latest Beige Book, more than double the number in the previous report, and "uncertainty" appeared 89 times. The report said the economic outlook in several regions had "deteriorated significantly" as economic uncertainty increased, particularly concerns about tariffs.
20:05 2025-04-23
Strike founder Jack Mallers will lead Tether-backed bitcoin buying firm Twenty OneAccording to Wednesday's announcement, Strike founder Jack Mallers will join the newly formed cryptocurrency joint venture Twenty One Capital as its CEO. The company's sole purpose is to "maximize its holdings of bitcoin." It currently holds 42,000 bitcoins on its balance sheet.
It is reported that the company is backed by stablecoin issuer Tether, Softbank, and Wall Street investment bank Cantor Fitzgerald. The company's articles of association specify that only...
20:05 2025-04-23
U.S. stocks ended sharply higher, with the Dow up 1.07% and the Nasdaq up 2.50%.U.S. stocks ended sharply higher, with the Dow up 1.07%, the Nasdaq up 2.50%, and the S & P 500 up 1.66%. Technology stocks led the gains, with Tesla and Intel up more than 5%, Amazon and Meta up more than 4%, Nvidia up nearly 4%, and Apple, Google, and Microsoft up more than 2%.
19:56 2025-04-23
Goldman Sachs cuts first-quarter U.S. GDP growth forecast to 0.1%Goldman Sachs economists now expect the US economy to grow at an annualised rate of 0.1 per cent in Quarter 1, down from a previous forecast of 0.4 per cent. New home sales in the US rose more than expected last month, but the deflator for construction fell less than Goldman Sachs had expected, weakening the reading of inflation-adjusted growth. The US will release its preliminary Quarter 1 GDP figures on April 30.
18:53 2025-04-23
The Fed Beige Book supports the view that interest rate cuts will take timeThe Fed's Beige Book said US employment was "resilient" and prices were rising at a moderate, moderate or unchanged pace. The comments are likely to support the view that a rate cut will take some time. "Economic activity has been little changed since the last report, but uncertainty surrounding international trade policy is prevalent in the report," it noted.
18:10 2025-04-23
BTC breaks through $94,000The market shows that BTC has broken through $94,000 and is now reported at $94038.09, with a 24-hour increase of 2.89%. The market is volatile, so please do a good job in risk control.