The change in US Treasury leadership could change the department's attitude towards cash held at the Federal Reserve, with strategists warning that the move could affect the US bond market. Bank of America and Wrightson ICAP LLC, among others, said the Treasury could reduce the amount of money held in Fed accounts as the cash balance - the cushion that ensures the US can pay its bills - shrinks. This would allow the government to issue fewer short-term bonds and further...
Bank of Japan: After raising interest rates on Friday, monetary policy conditions are likely to remain accommodative.
In addition to China, which other countries like to set off fireworks? In 2023, the world's largest importer and exporter of fireworks and firecrackers will take stock of their trade volume!
Pimco's chief investment officer expects the Federal Reserve to be more likely to act only after Trump's policies are clear, and is currently actively allocating U.S. Treasuries. Click to view...
WTI crude oil fell for four consecutive days like a market "outcast", but there still seems to be a lot of support on the fundamentals, and there are upside risks in the short term.
In addition to the potential for downward pressure on spending and prices from several of Trump's signature policies, there is also a good reason to think that a Trump victory would reduce long-term inflation... click to view
Fed's Schmid: Interest rate policy may be "close" to what is needed in the long run.
Foreign 1. Bank of America: The dollar may remain strong in the short term, but is expected to weaken in the second half of the year. 2. Deutsche Bank: Central bank gold purchases have a greater influence on the trend of gold prices. 3. Wells Fargo: The Federal Reserve may not place too much emphasis on inflation caused by Trump's tariff policy. 4. Scotiabank: Canada must be ready to escalate its response to Trump's tariff threat. 5. Capital Economics: Inflation is driven by goods rather than se...
The Trump administration's aggressive tariff policies could lead to further inflation, but economic models suggest it will be a one-off increase in the price level rather than a long-term inflationary spiral. That could convince the Fed to be more patient in dealing with tariff-induced inflation, especially as the labor market continues to slow, said Jay Bryson, an economist at Wells Fargo. His view supports Wells Fargo's benchmark forecast that the Fed will cut interest rates three more times t...
Analysts are not optimistic about Bitcoin's recent rally and predict that it may usher in another sell-off in the short term, focusing on two supports...
Is crude oil accepting this seasonal positive? But the likelihood of abnormal performance may be 50-50, and analysts warn that falling trading volumes could open the door to a bull shock.
Barclays said one of the factors why US interest rates are likely to remain high is US (inflation) policy. At the December meeting, some FOMC participants apparently began to reflect expectations of tariffs in their inflation forecasts. Moreover, even among those who have not adjusted their official forecasts, many now believe that the balance of inflation risks is tilted to the upside. Although Powell did not specify...
Chris Burniske, a partner at Placeholder, wrote in an X post: "People won't like me saying this, but if $10 trillion is a round number target, then we're likely to miss it this cycle. This is a good slogan for rebounding from the bottom of the market, and will prove correct during this cycle, but will eventually be surpassed. That is, as we move forward...
Musk posted a picture on his social platform saying he liked the "WOULD" meme. Affected by this news, the meme coin of the same name rose for a short time. According to GMGN data, the eponymous meme coin created 123 days ago has risen by more than 400 times in a short time, and the current market value is 4.50 million US dollars. Remind users: Meme coin has no practical use case yet, and the price fluctuates greatly. Investment requires caution.
JPMorgan's markets team believes that the inflation data is more likely to pick up rather than cool. Nonetheless, they believe that this week's hotter data is unlikely to derail the tone of risk appetite, and investors are unlikely to cling to one data point, as there is another CPI data out before the December Fed meeting. "However, the team cautioned investors that Bowie...