News list for " favor"
Oil prices have fallen for five days in a row, and the benefits of sanctions seem to have completely dissipated? However, investment banks still raised their expectations for oil prices in 2025, which will eliminate the global supply glut.
On January 21 local time, the US Senate Finance Committee voted 16 to 11 to approve the nomination of Scott Bessent to serve as Secretary of the Treasury in the Trump administration, and submitted the nomination to the Senate for a final confirmation vote. If approved, Bessent will become one of the important spokespeople of the new US administration on economic policy, with huge influence on fiscal policy, financial regulation, international sanctions and overseas investment.
Binance founder Zhao Changpeng wrote on the X platform that what is good for Meme is also good for Bitcoin.
Andrew Baehr, a former Risk Premium Investments partner, said that the favorable crypto regulatory outlook will be the main driver of cryptocurrency market price movements in 2025. The token XRP, which has been the focus of Securities Exchange Commission litigation in recent years, rose sharply after Trump's victory and rose again after Securities Exchange Commission Chairperson Gensler announced that he would resign after Trump took office. In addition, Andrew Baehr also pointed out that the ma...
The Fed's favorite inflation indicator was lower than expected across the board, and gold stood at 2630 at one point! The US government narrowly escaped the "shutdown" crisis, Trump threatened the European Union to buy US oil and gas, and the progress of the Gaza ceasefire negotiations reached 90%? Click to view global news since last Friday
The Fed's "favourite" inflation indicator, the core PCE price index, will be released at 21:30 tonight. Although the Fed's meeting this month has come to an end, leaving behind a "eagle sound", will the inflation data have a different impact on the path of interest rates next year? At that time, the market may fluctuate violently. Investors are advised to pay attention to the relevant risks.
European Central Bank Governing Council Patsalides: I prefer a gradual and small interest rate cut.
The U.S. House of Representatives passed a bill with 236 votes in favor and 173 against, which plans to add 66 federal judges nationwide to ease the shortage of federal court staff.
The securities arm of Wells Fargo believes that favorable macroeconomics and accommodative monetary policy will continue to propel the U.S. stock market, which has performed well in 2023 and 2024. Christopher Harvey, head of equity strategy at Wells Fargo, wrote in a note to clients on Dec. 3 that the S & P 500 would stand at 7,007 by the end of December. At Wednesday's close of 6,086, the gain would be 15 percent. The benchmark, which climbed 24 percent in 2023, is up 28 percent this year, the ...
European Central Bank Governing Council Nagel: In favor of a gradual and cautious approach to interest rate cuts.
The core PCE, the Fed's preferred measure of inflation, rebounded as expected in October to 2.8 per cent a year, suggesting that while prices have slowed, they remain sticky. The core PCE rate has continued to approach 3 per cent a year, rather than 2 per cent, complicating the Fed's forthcoming decision. The Fed began a rate-cutting cycle in September when it cut rates for the first time in response to signs of a cooling economy. But progress on inflation has stalled in recent months, making it...
On November 19, the National Development and Reform Commission held a press conference in November on the morning of November 19. Li Chao, deputy director of the Policy Research Office of the National Development and Reform Commission and spokesperson of the Commission, said that looking forward to 2025, there are still many favorable conditions and supporting factors for our country's economic development. From the perspective of development momentum, further deepening reform and opening up in ...
1. Wedbush: Trump's election will be detrimental to electric car manufacturers other than Tesla. 2. Li Auto statement: No domestic and foreign sales agents or authorized dealers have been established. 3. It is reported that the adjustment of Xiaomi's production line has come to an end, and the monthly output is expected to reach 24,000 units by the end of the year. 4. Xiaomi Lei Jun: Xiaomi's internal advanced driving course will be launched to car owners. 5. BYD launched the 2024 employee stock...
On October 15th, the scale of market equity ETF has reached 3 trillion yuan. It was learned from a number of securities firms that among the investors who opened new accounts since the company's National Day holiday, the proportion of new customers holding ETF funds is about 2-3%, which is significantly higher than before. Among them, the ETF varieties that account for a large proportion include Kechuang 50, 300ETF, growth enterprises market, Shanghai and Shenzhen 300, science and technology inn...
Mr. Williams said the Fed was now "well placed" to engineer a soft landing for the US economy, while suggesting it supported a slower pace of rate cuts after a steep 50 basis point cut in September. Mr. Williams said the "very good" jobs report for September confirmed that the economy remained strong and healthy. The 50 basis point cut "was the right thing to do in September and it is the right thing to do today...
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