Wall Street banks led by Morgan Stanley are preparing to sell up to $3 billion of debt on Musk-controlled social media platform X, according to people familiar with the matter. Bankers have contacted investors in advance for next week's planned sale. In response, Musk responded on the 25th that the relevant reports were "false" and posted on X that the Wall Street Journal was "...
Morgan Stanley CEO Ted Pick revealed that the bank is working with the US Treasury and other regulators to explore offering cryptocurrency trading services. Regarding phenomena such as TRUMP coins in the market, Pick said that this reflects the different ways in which market liquidity manifests, and the broader question is whether these have matured and whether crypto assets have reached "escape velocity". Pick emphasizes that time is the best friend, and the longer a trade lasts, the more likel...
Ted Peake, Morgan Stanley's chief executive, said on Thursday that the bank would work with US regulators to see whether it could engage deeply in the cryptocurrency market. "The key for us is whether we, as a highly regulated Financial Institutions Group, can act as traders," Mr. Peake told CNBC at the World Economic Forum in Davos, Switzerland. "We will work with the Treasury and other regulators to see how we can provide this service in a safe way."
On January 13, Morgan Stanley upgraded Air China's class A share rating to parity, with a target price of 9.63 yuan; upgraded China Eastern Airlines' class A share rating to parity, with a target price of 4.66 yuan; upgraded China Southern Airlines' class A share rating to parity, with a target price of 7.87 yuan. For Hong Kong stocks, Morgan Stanley upgraded Air China's H share rating to overweight, with a target price of 7.61 Hong Kong dollars; upgraded China Southern Airlines' H share rating ...
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve. With the inflation outlook more favorable, a rate cut in March remains more likely.
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve.
US President-elect Trump announced on January 4 local time that he will appoint Stanley Woodward as assistant and senior adviser to the US president to join his White House legal team. It is understood that Stanley Woodward, a lawyer by profession, has been Trump's legal adviser for a long time and has represented a number of legal cases of people close to Trump.
According to Tree News' disclosure on the X platform, Morgan Stanley's E-Trade explore offers cryptocurrency trading.
Morgan Stanley: The Federal Reserve is expected to cut interest rates twice in 2025 by 25 basis points each, compared to the previous forecast of three 25 basis point cuts.
Morgan Stanley expects the dollar's strength to peak before the end of the year, after which it will enter a "bear market pattern", with a slow decline in 2025. The bank believes that with the Bank of Japan set to raise interest rates and the Reserve Bank of Australia's easing action to be gradual, the yen and the Australian dollar have the greatest potential to rise next year.
George Milling-Stanley, head of gold strategy at State Street, warned that bitcoin's rise could mislead investors into ignoring the stability of gold, arguing that bitcoin is more like a return-driven investment, while gold provides long-term stability. He also criticised bitcoin promoters for misleading the market by using the term "mining", arguing that gold remains a more reliable investment option.
US banks such as Goldman Sachs Group, Morgan Stanley and Bank of America are asking investors to disclose whether they plan to borrow extra to invest in significant risk transfer (SRT) vehicles, as regulators examine whether they pose a threat to financial stability, according to people familiar with the matter. Investors have been asked this question in recent months as the promotion process kicks off. It comes as authorities warn investment firms looking to buy SRT, a type of investment vehicl...
Morgan Stanley expects the 10-year Treasury yield to fall to 3.55% next year, down from 3.75% previously, as they expect the Federal Reserve to cut interest rates more than the market expects. The Morgan Stanley team also had an interesting take on the Department of Government Efficiency and its leaders, Elon Musk and Vivek Ramaswamy, saying: "Although...
Morgan Stanley expects the 10-year Treasury yield to fall to 3.75% by mid-2025 and just over 3.50% by the end of next year, with a 75 basis point cut expected in the first half of 2025.