Analysts pointed out that gold is still in the early stages of a cyclical and structural bull market, and investor sentiment indicators are still far from overly optimistic levels. Click to view...
Analysts point out that the price shock caused by the 2021-22 inflation surge is still lingering, which is the biggest pain point. Click to view...
Analysts pointed out that there is no reason for OPEC to change its plan, and of course, the situation could change in two months. Click to view...
Deutsche Bank pointed out that despite raising its forecast for the average price of oil to..., the forecast already covers these expectations, so the bias remains bearish, and crude oil can only be completely bullish in this case
The Russian Finance Minister pointed out that the use of digital currencies for Global Payments represents the future trend.
The Political Bureau of the CPC Central Committee held a meeting, and the meeting pointed out that next year, we must adhere to seeking progress while maintaining stability, promote stability through progress, maintain integrity and innovation, establish first and then break down, integrate systems, cooperate with each other, and implement more proactive fiscal policies.
On November 14th, when He Lifeng, a member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, met with Du Jiaqi, Chairperson of the British HSBC Group, at the Diaoyutai State Guesthouse on the evening of the 14th, he said that China is further deepening the reform of the financial system, steadily expanding the institutional opening up of the financial sector, creating a transparent, stable and predictable institutional environment, providing greater conv...
Crude oil bears open champagne again, but analysts point out that it may be too early to be happy? This scenario may become the current main line of the oil market... > >
Oil prices continue to lack momentum, but analysts point out that the demand side of the current inventory data and the supply side of the production data do not support bearish oil prices, and the world's largest short is actually quite optimistic.
One producer pointed out that if the price is lower than X yuan/ton, they would rather not sell, even if there is an inquiry.
The CICC research report pointed out that from the perspective of interest rate decision, the Federal Reserve has taken a larger 50 basis point interest rate cut, which is more aggressive than we expected. The monetary policy statement pointed out that recent inflation data has given policymakers more confidence in achieving the 2% inflation target. The Fed's actions suggest that its response function has shifted from focusing on inflation to focusing on employment. We believe...
The CICC research report pointed out that the US unemployment rate fell in August, reflecting the reversal of temporary unemployment, in line with our expectations, but the number of new non-farm payrolls slowed, indicating that the demand for labor by enterprises is also decreasing. The good news is that there are no signs of significant layoffs by enterprises, and the number of jobless claims remains low. This means that the labor market is still stable and has not "fallen off a cliff". Lookin...
The Fed Beige Book notes that, in general, prices rose modestly during the most recent reporting period. However, selling prices rose only slightly in three regions. The increase in non-labor input costs, which was largely described as moderate to moderate, was generally moderating, although one region reported that input cost growth was accelerating. Freight and insurance expenses continued to increase in some regions. In contrast, some regions noted some moderation in cost pressures for food, ...
Analysts at JPMorgan noted that Bitcoin mining profitability fell to an all-time low as network hashrate rose in the first two weeks of August. Despite this, the share of network hashrate among US-listed miners rose to 26%, a new high. JPMorgan also said that Bitcoin network hashrate has increased by about 1% since August to an average of 621 EH/s, but it is still 30 EH/s lower than before the halving. In addition, Bitcoin price has declined by about 5% since the halving, but it is still up 35% ...
In a research note on Wednesday, JPMorgan noted that increasingly stringent stablecoin regulation could pose a significant challenge to Tether's market dominance. Under Europe's Crypto Asset Markets Act (MiCA), 60% of stablecoin reserves must be held in European banks, which could force Tether to adjust its reserve management strategy. Tether has previously come under regulatory scrutiny for its lack of transparency about the composition of its reserves, and the new regulations will further incr...