Federal Reserve Governor Bowman: Prefer to adjust policy in a cautious and gradual manner.
Jeffrey Roach, an analyst at LPL Financial, said the US private sector added an average of 149,000 jobs a month in 2024, down from 192,000 in 2023, and is expected to fall again in 2025. Non-farm payrolls surged 256,000 in December and the unemployment rate fell modestly (against the backdrop of possible mass deportations of illegal immigrants), raising concerns that the Fed may even need to raise interest rates. But there may be more optimism behind the data. "More than 16% of the non-labour fo...
As the end of the year approaches, the company is unlikely to replenish inventory in large quantities. However, some traders are replenishing inventory and expect prices to...
Bitcoin fell more than 5% in the day, approaching $95,000. Cryptocurrency concept stocks fell premarket, with Bit Digital down more than 7%, MicroStrategy down more than 5% and Coinbase down more than 4%.
On December 11, US stocks closed on Tuesday, the Dow index initially closed down 0.35%, the S & P 500 index fell 0.3%, and the Nasdaq index fell 0.25%. NVIDIA (NVDA. O) fell 2.6%, Tesla (TSLA. O) rose 2.8%, and Google (GOOG. O) rose more than 5%. The Nasdaq China Golden Dragon index closed down 4.3%, Alibaba (BABA. N) fell 2.7% and Bilibili (BILI. O) fell more than 11%.
The Brazilian stock exchange has seen a surge in demand and price for Bitcoin exchange-traded fund (ETF) shares as the Bitcoin price rate approaches $100,000. Hashdex, the first cryptocurrency ETF launched on B3, has hit an all-time high with a net asset value approaching $689 million. BITH11, an ETF offered by Hashdex that offers 100% exposure to Bitcoin, has hit an all-time high with a net asset value approaching $259 million. Every cryptocurrency ETF that includes Bitcoin has hit an all-time ...
Mr. Goolsbee said the pace of rate cuts was likely to slow as rates moved closer to a stable level, with rates set to "fall significantly" over the next year. The labour market has cooled and is close to full employment.
Fox reporter Eleanor Terrett said on the X platform that sources close to BlackRock said that despite recent reports that the large money manager is backing bitcoin as a strategic reserve asset, it is not.
Nov 19 - Iran has agreed to stop producing enriched uranium close to the level needed to make a nuclear weapon, according to UN inspectors. Observers from the International Atomic Energy Agency said Tuesday that Iran has begun implementing measures "aimed at stemming the build-up of its stockpile." Iranian engineers have taken the necessary initial steps to limit production, the report said. This follows Iran's start of enriching uranium at concentrations as high as 60 percent in 2021. The mater...
1. The Federal Reserve Goolsby: will continue to refer to the September dot matrix, when approaching the neutral interest rate should slow down the pace. 2. Ten trillion debt curtain pulled up, many banks chanted "use enough to make good use of the debt policy". 3. Local governments to replace implicit debt are taking action in batches, and five places have begun to issue more than 200 billion yuan in "practical operation". 4. The Ministry of Finance launched the market-making support operation ...
On November 18th, Chen Yiting, chief executive of the Hong Kong Stock Exchange, said at the "10th Anniversary Summit Forum of Internet Connect" on November 18th that the Shanghai-Shenzhen-Hong Kong Stock Connect has become the main channel for international investors to trade and hold mainland class A shares, with nearly 77% of foreign investors holding mainland stocks through this channel. Bond Connect Northbound has also become the main channel for international capital to invest in the mainla...
On November 16, the Federal Reserve Goolsbee said that we will consider interest rate cuts with reference to the Federal Reserve's September dot plot. Personally, I would prefer not to move straight towards the neutral rate, but to slow down when approaching the neutral rate. The neutral rate is significantly lower than the current level of the Federal Reserve's policy rate. Everything is always on the table in the Fed's policy calculus. He also said that the inflation data must continue to impr...
Gold and silver are temporarily in turmoil, and the change of hands is close to completing the vigilance breakthrough; the US oil market is forming a downward trend, and the vigilance is downward...
Spot gold rose $7 short-term, approaching $2,700 an ounce, while spot silver expanded its intraday gain to 2.4% at $31.92 an ounce.