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...
JPMorgan analysts have said that crypto venture capital funding is expected to increase in 2025, but may not reach the levels seen in 2021 and 2022. Analysts have noted that while regulatory transparency in the United States and Europe is expected to encourage more investment, other factors have also created new challenges for venture capital. Analysts point to competition from large institutions, high interest rates, and the rise of platforms such as ETFs and Echo as the main challenges facing ...
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."
JPMorgan CEO Dimon said of Musk and the Department of Government Effectiveness (DOGE) that their focus on the government is completely reasonable. Dimon also said that tariffs are an economic weapon that could lead to higher inflation and that asset prices in the U.S. stock market are somewhat overvalued. (Golden Ten)
JPMorgan chief operating officer Pinto said the US economy was in good shape but inflation was not as high as it should be and the deficit was too high, warning that inflation and geopolitical factors could undermine the current bullish market sentiment.
The position data of three foreign futures companies, Qiankun, UBS and Morgan, are summarized every day. Today, PTA bulls reduced their holdings by more than 14,000 hands, and bears reduced their holdings by nearly 9,000 hands. The overall capital side is bearish... Check out the picture.
JPMorgan analysts wrote in an investor note on January 13 that there was limited interest in new cryptocurrency ETFs outside of bitcoin and ethereum - despite expectations that Mr. Trump would remove regulatory hurdles. "We do not believe there is sufficient investor interest or demand for these future counterfeit products ETP launches to have a material impact on the cryptocurrency ecosystem." The report expects that the Solana ETF may attract inflows of 3 billion to 6 billion dollars, XR...
JPMorgan plans to launch a Chase-branded digital bank in Germany by the end of this year or early next year. Mr. Dimon, JPMorgan's chief executive, plans to reach major European economies and secure enough customers to build a new profit engine. JPMorgan previously launched Chase in the UK in 2021. Setting up a digital bank from scratch is taking longer and more complicated than JPMorgan expected, according to people familiar with the matter. Chase is understood to have hoped to launch in German...
JPMorgan's Treasury client survey showed that the share of bulls rose by 1 percentage point in the week to January 13 to its highest level since December 4, 2023. Neutral increased by 1 percentage point. Net longs reached their highest level since November 4 last year.
According to JPMorgan estimates, exchange-traded products (ETPs) for XRP and SOL could attract net inflows close to $15 billion. Matthew Sigel, head of digital asset research at VanEck, said the forecast takes into account the market cap and ETP flow performance of BTC and ETH. The BTC ETP reached $108 billion in its first year of trading, representing 6% of the total BTC market cap of $1.80 trillion. Similarly, the ETH ETP accumulated $12 billion in assets in six months, representing 3% of its ...
JPMorgan cut its forecast for the number of Fed rate cuts this year from three to two.
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.