US Holiday Today but Focus Could be on China, Russell 2000, USD/JPY and Brent Crude

The US jobs data release last Friday continues to reflect signs of softening in the US labour market, which seems to be in line with what the Federal Reserve (Fed) wants to see. Job additions were somewhat lukewarm despite being slightly higher than conse

Australian Dollar Steadies Ahead of RBA and GDP. Will AUD/USD Get a Grip?

The Australian Dollar is steady near 0.6450 going into Monday’s trading session ahead of the Reserve Bank of Australia’s rate decision tomorrow and then GDP data on Wednesday.

Markets Week Ahead: US Dollar, Gold, Crude Oil, AUD/USD, USD/CAD, RBA, BoC

The US Dollar broadly underperformed against its major counterparts this past week, with gold prices seeing a strong rally. A root cause of this was somewhat disappointing economic data from the world’s largest economy. That contributed to financial marke

US Jobs Report Preview: Decoding How Gold, US Dollar and Yields Might React

During the Jackson Hole Symposium, Fed Chair Powell delivered a candid message: inflation has slowed but remains undefeated despite the aggressive series of rate hikes implemented since 2022. This hawkish assessment, however, was tempered by a prudent not

Crises often erupt suddenly! Strategist: "Higher and longer" interest rates will soon be challenged

Strategists believe that this data indicates that the central bank does not need much effort to plunge the economy into recession, and central banks such as the Federal Reserve will soon face their first challenge with "higher and longer" intere

Regulatory code addition! The United States will set long-term debt standards for regional banks and strengthen the "will before death" to align with global banks

On Tuesday, August 29th, Eastern Time, the Federal Deposit Insurance Corporation (FDIC), Federal Reserve, and Office of the Comptroller of the Currency (OCC) jointly issued a notice requiring US banks with assets of at least $100 billion to issue sufficie

Will the downward trend of US stocks continue? Analyst warning: Be prepared for bad results!

Data shows that since 1945, the probability of the S&P 500 Index closing up in September is less than 50%, while the NASDAQ Index\\\'s average worst performing month since 1971 is also September. On Monday, Stovall wrote in a report, "Due to the

US courts give the green light to Bitcoin spot ETFs! Bitcoin skyrocketed by $2000 in intraday trading

Last June, the US Securities and Exchange Commission (SEC) rejected Grayscale\'s application to convert its Bitcoin trust, Grayscale Bitcoin Trust (GBTC), into a Bitcoin spot ETF, citing the lack of sufficient supervision of Bitcoin based ETFs to prevent

A New York has burned out! Greece Encounters the Biggest Wildfire in EU History

As the cradle of Western civilization, Greece is experiencing unprecedented setbacks. Driven by high temperatures and strong winds, wildfires are raging uncontrollably in the Evros region of northeastern Greece, and have been burning for more than ten day

【 Hong Kong Stock Exchange Changes 】 Xiaomi Group rose 3%, with adjusted net profit increasing by 147% year-on-year in the second quarter

The second quarter performance report released by Xiaomi Group shows that the company\'s revenue for the quarter was 67.355 billion yuan (RMB, the same below), a year-on-year decrease of 4.0%, better than expected. After adjustment, the net profit was 5.1

Tesla FSD has been rumored to be entering China with frequent positive results! Will domestic car companies be hit by "maintenance reduction"?

On the one hand, Musk publicly diss LinkedIn and announces that its X subsidiary will launch competitors on the platform, instantly attracting many "melon eating crowds" to watch. On the other hand, Musk launched a live test drive broadcast of T

Large inventory reduction in the United States, Hurricane Idalia hit head-on, and crude oil traders are on standby

In early trading on Wednesday, there was little change in oil prices as the market was weighing the massive reduction in US crude oil inventories, while investors\' focus remained on any potential supply disruptions caused by Hurricane Idalia.

CITIC Construction Investment: How to Boost Liquidity in the Hong Kong Stock Market?

According to a research report released by CITIC Capital, on August 27th, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, announced that the government will establish a working group to study how to increase stock market li

Both China and Japans US bond holdings hit new lows, which was unimaginable a few years ago

According to data previously released by the US Treasury Department, the total share of US Treasury bonds held by the two major creditors in China and Japan has dropped to the lowest level on record. This trend is in line with the continued reduction of h

Is there another major event happening? The largest crude oil ETF in the United States has attracted attention

On the eve of the negative oil price incident in April 2020, the USO also decided to pile up bets on recent oil contracts. At that time, the size of USO had soared to over $3 billion, and the proportion of recent oil contracts held in all positions was as