News list for " favor"
According to TASS news agency, the Argentine Senate passed a motion with 46 votes in favor and 15 votes against, asking the government to provide reports on the LIBRA scandal. At the same time, the Senate rejected the proposal to establish an investigative committee. Although 47 senators supported it, it did not meet the 48-vote threshold for initiation and ultimately failed to pass. Meanwhile, a proposal to set up a parliamentary committee to investigate the scandal was rejected. The proposal w...
European Central Bank Governing Council member Simkus expressed his support for the expectation of three more interest rate cuts in 2025. The direction of interest rates is clear, and the next move is also clear. There is no good reason for not cutting interest rates in March.
The core PCE price index, the Federal Reserve's "favorite" inflation indicator, will be released at 21:30 tonight. As the blockbuster data for this week's finale, can the report bring good news to the Federal Reserve, showing that it continues to make progress in inflation? The data may set off fluctuations in the market tonight. Investors are advised to pay attention to the relevant risks. For more foresight, please click...
On January 28, the market news: The US Senate confirmed Scott Bessant as Treasury Secretary by a vote of 68 to 29.
Market news: The U.S. Senate confirmed Scott Bessant as Treasury Secretary by a vote of 68 to 29.
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.
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