Slowing inflation in the United States pushed up expectations of interest rate cuts, and the three major U.S. stock indexes collectively rose. The Nasdaq rose 2.45%, the S & P 500 rose 1.83%, and the Dow rose 1.65%. Large technology stocks collectively rose, Tesla rose more than 8%, Meta, Nvidia, Google rose more than 3%, and Microsoft, Netflix, and Amazon rose more than 2%.
1. MUFJ: UK bond yields fell as inflation data strengthened the case for the Bank of England to cut interest rates in February. Given that the recent sell-off in government bonds has put pressure on the pound, UK bond yields fell or boosted the pound. 2. Deutsche Bank: Falling inflation in the UK clears the way for the Bank of England to cut interest rates in February. Inflation may pick up later, but the recovery may be temporary and is expected to fall near the target level next year. 3. ICAEW...
The number of non-farm payrolls in the United States in December is only a "superficial" slowdown? Gold volatility is insufficient, and the consolidation time may be further extended! Bitcoin once again fell 100,000 mark, and the key to breaking through new highs is...
The tech giants that contributed more than half of the S & P 500's 23 per cent gain last year may struggle to dominate the market in 2025 as profit growth slows. The profit slowdown "may surprise some hardcore investors who are betting on these very high double-digit growth rates," Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, said on Thursday. "The idea that they as a group can trade together and lead the market may falter in 2025."
Golden Ten Futures, November 30th, according to the PMI of the steel industry surveyed and released by the China Internet of Things Steel Logistics Professional Committee, it was 50.6% in November 2024, down 4 percentage points from the previous month, ending two consecutive months of upward trend. However, the index remains in the expansion range, indicating that after the peak season, the growth rate of the steel industry has slowed down, but it still maintained an overall stable and slightly ...
US employment growth slowed sharply in October, but the unemployment rate held steady at 4.1 per cent, providing confidence that the labour market remains on solid footing ahead of next Tuesday's election. The unemployment rate is not distorted because striking workers are counted as employed in household surveys, which are the basis for the unemployment rate. According to the Bureau of Labor Statistics classification, workers who are unable to work due to bad weather will be reported as employe...
The process of reducing inflation in the United States has slowed down, and the Fed's interest rate cuts have been divergent! The US index has strengthened as a whole, gold has "returned to blood" after six consecutive declines, and the volatility of oil prices has increased... Incremental policies have gradually been implemented, and class A shares have been traded! What stimulus markets have you missed this week?
The process of reducing inflation in the United States has slowed down, and the difference in the amount of interest rate cuts by the Federal Reserve has deepened! The US index has strengthened as a whole, gold has "returned to blood" after six consecutive declines, and the volatility of oil prices has increased... Incremental policies have gradually been implemented, and class A shares have been traded! What stimulus markets have you missed this week?
On September 4th, new economic data reignited concerns about the health of the economy. U.S. stocks started September poorly and technology stocks collectively tumbled. The Dow fell more than 650 points, or 1.6%, during the session. The S & P 500 index fell more than 2.2%, and the fear index VIX soared 30%. The Nasdaq fell 3.3%, its worst day since the global stock market crash on August 5. Shares of artificial intelligence darling NVIDIA (NVDA. O), which has been on the radar of investors for m...
U.S. inflation is easing and the job market has returned to the "tight but not overheated" situation it had before the U.S. economy was thrown into disarray due to the pandemic, the Federal Reserve said in its semi-annual monetary policy report on July 5. In the key area of housing services, it may only be a matter of time before the pace of price increases returns to pre-pandemic crisis levels, the report said. Meanwhile, the job market "continued to return to balance in the first half of the y...
On July 5th, today's latest data highlights the gradual cooling of the US labor market, which will support expectations of a rate cut later this year. The data is in line with other jobs reports this week, showing a sharp decrease in job openings this year and a growing number of people applying for unemployment benefits. The continued slowdown in employment, coupled with a recent slowdown in inflation, has supported bets by Federal Reserve policymakers that interest rates will be cut as early a...
U.S. hiring slowed in June and data from previous months were also revised down, strengthening the likelihood that the Federal Reserve will initiate a rate cut in the coming months. Data released by the Bureau of Labor Statistics on Friday showed that non-farm payrolls rose by 206,000 last month, compared with a 111,000 downward revision in the previous two months. Economists surveyed predicted a median increase of 190,000. The unemployment rate rose to 4.1 percent and average hourly wage growth...
IntoTheBlock data shows that due to the slowdown in on-chain activity, total bitcoin transaction fees fell by 64% this week to $19.20 million.