Goldman Sachs said in a report that its forecast for the Federal Reserve to cut interest rates this year has been reduced from 1% to 0.75%, and reports of its rebound in underlying inflation have been greatly exaggerated. Core PCE inflation rose by an annualized 2.5% from September to November last year, slightly higher than the 2.3% increase in the previous three months, but lower than the 2.8% year-on-year increase, which is still in line with the phenomenon of continued decline...
Analysts at TD Securities said in a recent note that the probability of a rate cut of 25 basis points to 50 basis points will be close. In our view, the dot plot will be the most important part of the Fed's guidance, as well as Chairperson Powell's press conference. The Fed's forward guidance is expected to be broadly dovish.
Deribit analyst Anand Raj released a report saying that Bitcoin is currently still under the control of the supply zone of $61,700. This has led to a break in the demand zone in the lower time frame. In addition, although the latest 13F document shows that major asset managers have exposure to the US Bitcoin spot ETF, bullish sentiment has not significantly improved. Therefore, the price of Bitcoin may continue to be subject to resistance in the supply zone in the higher time frame, indicating t...
Bank of America Securities said in a report that NVIDIA (NVDA. O) will report results on August 28, maintaining its "buy" rating and being the industry's top choice. Regarding the reported delay in the launch of NVIDIA's next-generation Blackwell chip, the bank pointed out that Blackwell will not be included in the forecast until the fourth quarter, and there is no sign of delay in the company's recent SIGGRAPH meeting. In addition, major cloud customers (increasing capital expenditures) and maj...