News list for " Lower"
On January 24th, Trump announced at the World Economic Forum in Davos, Switzerland on Thursday that he would ask Saudi Arabia and OPEC to lower oil prices, and said he would ask Riyadh to increase its proposed investment package in the United States from an initial $600 billion to $1 trillion. "If oil prices go down, the Russian-Ukrainian conflict will end immediately," Trump: "Now, oil prices are high enough for the conflict to continue - oil prices must come down." After these remarks, interna...
Argentina's presidential spokesperson: Argentina will reduce grain export taxes.
President Trump said he would demand an immediate reduction in interest rates.
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Although the US PPI rose less than expected in December, inflation anxiety still hung over the market, and the 30-year US Treasury yield hit a new recent high above 5% on Tuesday. The 30-year yield broke through 5% for the second time since Friday, and the 10-year yield rose to 4.81%, both hitting their highest levels since November 2023. US bond yields have continued to rise in recent weeks, as the market fears that stubborn inflation may prompt the Federal Reserve to stop cutting interest rate...
The Federal Reserve's Mr. Bostic said officials should be cautious in their decision-making, preferring to keep interest rates high given uneven progress in reducing inflation. In a podcast recorded on December 9 and released on Tuesday, Mr. Bostic also said he expected inflation to continue to fall gradually to the Fed's 2 per cent target this year. He said he expected price pressures to subside, although at some point it might look like...
Elections for the Bundestag, the lower house of the German parliament, will be held next month. Recently, Musk, an American entrepreneur, wrote an article publicly supporting the Alternative for Germany party, which is regarded as the far right, and launched verbal attacks on German Chancellor Scholz and German President Steinmeier on social media. This has caused controversy in German political circles, and has triggered opposition and protests from many German politicians. Scholz did not name ...
Gold Ten Futures, January 3, according to foreign media reports, traders said that India's December sunflower oil imports decreased by 22% to 265,000 tons, soybean oil imports increased by 3% to 420,000 tons, the highest level in four months; palm oil imports decreased by 40% to 503,000 tons, the lowest level in nine months. India's December vegetable oil imports decreased by 25% to 1.19 million tons, the lowest level in three months.
The US stock market opened higher and went lower, and the three major indexes collectively closed down. The Nasdaq fell 0.9% and rose more than 28% in 2024; the S & P 500 fell 0.43% and rose more than 23% in 2024; the Dow fell 0.07% and rose nearly 13% in 2024.
The US stock market opened lower and went lower, and the three major indexes collectively closed down. The Nasdaq fell 1.49%, rising 0.76% this week; the S & P 500 index fell 1.11%, rising 0.67% this week, and ending the week with 2 consecutive declines; the Dow fell 0.77%, ending the day with five consecutive rises, rising 0.35% this week, and ending the week with 3 consecutive declines.
Fed meeting notes: Staff noted that lowering the overnight reverse repo rate by five basis points would bring it in line with the bottom of the target range for the federal funds rate and could put some downward pressure on other money market rates.
Chicago Fed President John Goolsbee on Thursday reiterated his support for further rate cuts and was open to moving at a slower pace, underscoring the focus of the debate among Fed policymakers that the question is not whether to cut rates, but how quickly and how much. Fed policymakers will meet on December 17-18 to decide whether to cut the policy rate again or wait until next year. Financial marekt believes the decision process will be difficult, with the interest rate futures market putting ...
"Softwar" author and U.S. Space Force Major Jason Lowery has announced that he has submitted an application to serve as a military advisor to the National Security Council (NSC) and the White House Office of Science and Technology Policy (OSTP). Lowery plans to advise the Department of Defense on the national strategic implications of proof-of-work (PoW) technology, as well as on policies related to strategic bitcoin reserves and U.S. hashrate forces. He believes that PoW technology can serve as...
On November 12, according to election forecasting agency DECISION DESK HQ data, the Republican Party of the United States has gained control of the House of Representatives. At present, it forecasts that the Republican Party has won 218 House seats and become the majority party in the House of Representatives; the Democratic Party currently has 209 seats. According to previous media predictions, the Republican Party has gained control of the Senate.
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