News list for " Banks"
Next week's important macro events and data forecasts are as follows (all in Beijing time): In terms of macroeconomic data: Monday at 20:30, the monthly rate of retail sales in the United States in February and the New York Federal Reserve Manufacturing Index in March. On Tuesday, the Bank of Japan will announce its interest rate decision. At 14:30, Bank of Japan Governor Kazuo Ueda will hold a monetary policy press conference. Wednesday at 18:00, Eurozone CPI data for February. On Thursday at 1...
On March 14, 2025 (Friday), the prices of major banks/brands of gold bars rose sharply, with many rising by more than 10 yuan/gram compared with yesterday.
Arthur Hayes, co-founder of BitMEX, wrote, "Here's the plan: be patient, don't rush. Bitcoin is likely to bottom around $70,000, and a 36% drop from an all-time high of $110,000 is a normal bull market correction. Then we need to see the stock market, especially the SPX (S & P 500) and NDX (Nasdaq 100) fall sharply. Then, the "...
Many central banks appear to have strategically taken advantage of the temporary drop in prices to buy gold, according to the World Gold Council's senior head of research for Asia Pacific. Click to view...
On February 19, the General Office of the State Council issued a notice on forwarding the "2025 Action Plan for Stabilizing Foreign Investment" of the Ministry of Commerce and the National Development and Reform Commission. The "Plan" proposes to promote the implementation of major and key foreign investment projects. Support the inclusion of more foreign investment projects in the list of major foreign investment projects and key foreign investment projects, increase policy support and service ...
Standard Chartered analyst Geoff Kendrick has previously said he expects bitcoin prices to exceed $500,000 by the time Donald Trump leaves office. He said in a report Tuesday morning that the forecast remains valid, looking back at BTC's weak short-term price action, supported by a recent series of 13F filings on institutional ownership of spot bitcoin ETFs. Kendrick said the buyer type has evolved from retail investors to hedge funds, and now...
Australia's four largest banks all forecast the Reserve Bank of Australia will cut interest rates by 25 basis points today, but they are divided on the bank's move after the rate cut. Australia's two largest banks, Commonwealth Bank of Australia and Westpac, believe the RBA will cut interest rates a total of four times by the end of the year, which will bring the cash rate down to 3.35% by December. Of the big four banks, National Australia Bank was the last to join the consensus that interest r...
February 17 news, according to Jin Ten reports, BNP Paribas Markets 360 analysts expect that the Federal Reserve may not cut interest rates until mid-2026. They have held this view since the beginning of December last year. Their forecast is based in part on expectations of tariffs, but recent news suggests that they may have to raise their preliminary estimate of tariffs. This makes analysts more confident in their inflation expectations, which are already higher than the market consensus. Mone...
The National Bank of Canada has recently shown a bearish attitude towards Bitcoin. On February 12, the bank filed with the Securities Exchange Commission (SEC) showing that it has applied to exercise a put option to sell its position in the BlackRock iShares Bitcoin Trust ETF worth more than $1.30 million.
February 14th news, market experts analysis, the growth rate of social financing scale continued to maintain a relatively fast level of 8%, on the one hand, thanks to the rapid growth of loans on the balance sheet, the RMB loans issued to the real economy in January increased by 379.30 billion yuan year-on-year; on the other hand, the government bond issuance speed has also formed an important support, the net financing of government bonds in January 693.30 billion yuan, more than 398.60 billion...
On February 12, 2025 (Wednesday), most of the major banks/brand gold bar prices fell, including Bank of China, Zhou Shengsheng, Industrial and Commercial Bank of China and other gold bar prices fell, Industrial and Commercial Bank of China fell the most, down 10.84 yuan/g from yesterday.
Driven by trade war fears and increased central bank holdings, Citi and UBS raised their gold price forecasts, expecting the gold bull market to continue. Citi raised its short-term price target to $3,000 an ounce and raised its annual average price forecast from $2,800 to $2,900; UBS also raised its 12-month price target to $3,000. Gold has now risen to $2,860, an increase of about 9% this year. At the same time, benefiting from the rise in gold prices, gold-backed tokens such as PAXG and XAUT ...
On February 5, 2025 (Wednesday), the prices of major banks/brands of gold bars rose across the board, with China Merchants Bank, Industrial and Commercial Bank of China, and Bank of Communications leading the way in gold bar prices. China Merchants Bank saw the largest increase, up 28.34 yuan/gram from yesterday.
The swap market sees a 47% chance that the Bank of Canada will cut interest rates further in March, essentially unchanged from before the rate decision.
Eurozone banks need a digital euro in response to U.S. President Donald Trump's efforts to promote a stablecoin, a cryptocurrency usually pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. That would help lure more customers away from banks and strengthen the case for the ECB to launch its own digital currency.
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