What are the main events for today?

We will also have the University of Michigan Consumer Sentiment report but the focus will be on the NFP. Last but not least, we have some Fed speakers today delivering their last comments before the blackout period starting tomorrow.

How Trump latest tariff plans are roiling global markets

In two posts on Truth Social on Monday evening, Trump said he would impose a 25% tariff on all products coming into the United States from Canada and Mexico and an additional 10% tariff on imports from China.

Bitcoin hit an all-time high of $93,900

Bitcoin prices hit an all-time high of $93,905 on Tuesday. At the time of writing this article on Wednesday, its trading price dropped slightly to around $91,900.

The stock market of Trump honeymoon is turning sour

Major US indexes sold off sharply on Friday, with the tech-heavy Nasdaq leading the way, as investors came to terms with the fact that they may not get a December rate cut as previously expected.

The Trump dealstalled! The US dollar index experienced its largest decline since August, while US Treasury futures rose

The US dollar index recorded its biggest decline since late August, and US treasury bond bond futures rose because the public opinion survey data before the US election on Tuesday prompted some investors to cut the so-called Trump trade.

Bank of America is optimistic about the pound and expects it to strengthen before the end of the year!

The UK government announced a budget showing that the UK plans to significantly increase the national debt, which triggered a sell-off of UK bonds and sterling. However, Bank of America believes that the volatility in the pound bond and foreign exchange m

How will the Australian Federal Reserves decision affect the Australian dollar against the US dollar?

The Reserve Bank of Australia will hold an interest rate decision. The market expects the Reserve Bank of Australia to maintain the 4.35% interest rate unchanged for the eighth consecutive time. The focus remains on comments from Reserve Bank of Australia

Global investment giant warns that Trumps victory will slow down global economic growth, and American companies will also be affected

Singapore\\\'s state-owned investment company Temasek warned in an interview that Trump\\\'s election as US president may not necessarily be beneficial for the world economy and financial markets.

International oil prices experience a short-term sharp decline! Hong Kong oil stocks weaken against the trend, with "three barrels of oil" falling more than 2%

Affected by the continuous heavy decline in international oil prices, Hong Kong oil stocks have been sluggish in recent days and are accelerating their decline today.

US Treasury yields fall, gold price stabilizes at $2750! Can gold bulls make another move?

On Tuesday (October 29th), the gold market was supported by uncertainty before the US elections and tensions in the Middle East. Spot gold prices (XAU/USD) rebounded to $2754 per ounce in early trading, just one step away from last week\'s historic high o

China Data Unlikely to Slow Fiscal Stimulus Plan

Data for 3Q was better than expected, but due to challenges like a huge fiscal revenue gap, fading export momentum, persistent deflation pressures and downward property sector spirals, more policy support is likely, they say.

Will the US Economy Keep Up the Pace in the Fourth Quarter?

High interest rates, a slowing job market, and continued price pressures have weighed on the economy so far this year, but not enough to tip it into a long-predicted recession. The Federal Reserve is shifting from fighting inflation to maintaining a histo

Bank of Korea Cuts Rate, Joining Global Wave of Policy Easing

The Bank of Korea lowered its benchmark seven-day repurchase rate by a quarter-percentage point to 3.25% from a 15-year high of 3.50% on Friday, ending its longest-ever run of keeping rates on hold. The central bank\'s previous rate cut was in May 2020, a

USD/JPY: Dollar Near 2-Month High as Yen Traders Find Little Appeal to Go Long

The USDJPY pair was climbing steadily on Tuesday and remained near a two-month high Wednesday with forex traders finding new reasons to hold the US dollar and dump the Japanese yen.

China International Capital Corporation: Has A-shares seen a big bottom?

China International Capital Corporation (CICC) released a research report stating that A-shares have rebounded strongly, with the Shanghai Composite Index and the CSI 300 recording their largest weekly gains since 2008. In the past 20 years, the A-share m