Oil (Brent Crude, WTI) Edge Cautiously Higher - Follow through Lacking

The oil market is struggling for direction, which is likely to continue as long as oil fundamentals remain unchanged. Economic forecasts anticipate low global economic growth in 2024 which means oil demand growth is likely to be minimal. This brings about

Gold prices remain firm above the 2000 mark

According to the "Federal Reserve Watch" tool of the Chicago Mercantile Exchange, traders believe that the probability of the bank\'s March meeting initiating a rate cut cycle is only slightly higher than 40%, compared to over 80% in the previou

The three major US stock indices collectively closed higher

On Monday Eastern Time, the three major US stock indexes collectively closed higher. As of the close, the Dow Jones Industrial Average rose 0.36%, the Nasdaq rose 0.32%, and the S&P 500 index rose 0.22%. The Dow Jones and S&P continued to reach hi

US DOLLAR RESILIENT FOLLOWING GOVERNOR WALLER’S REASSURING ECONOMIC OUTLOOK

A sense of anticipation hung in the air for many corporations and individuals in the United States as Federal Reserve Bank governor Christopher Waller took the stage to deliver a pivotal speech on the country’s economic prospects.

The Federal Reserve is expected to cut interest rates four times this year, and the inflation rate will reach the target of 2%!

The trading director who accurately predicted a soft landing for the US economy last year predicts that central banks in Europe and the UK will also follow the example of the Federal Reserve. However, Schiffrin believes in his top ten predictions for 2024

Performance differentiation in the US stock market in the fourth quarter of last year, intensified concerns about economic downturn

Recently, US stock companies have successively announced their Q4 2023 performance. From the companies that have already released their financial reports, most companies, especially the banking sector, have generally seen a decline in profits, but some ba

Suddenly plummeting! Bitcoin Defeats $40000 Barrier, US Securities and Exchange Commission Speaks Out

However, going public is the peak, and Bitcoin has emerged from a typical trend of selling facts. On January 11th, Bitcoin briefly rose above $49000 in intraday trading, reaching a new high since December 2021, with a daily increase of approximately 6.8%.

How will the rotation of the Federal Reserves vote committee affect the prospect of interest rate cuts?

Due to factors such as retirement, multiple officials have been replaced and reappointed within the Federal Reserve since 2023. At present, the FOMC is composed of 12 members, including Federal Reserve Chairman Powell, Vice Chairman Philip Jefferson, Mich

There will be a series of interest rate cuts around the world this year, and the question is, when will they start?

A range of central bankers and board members have been on the wires this week pushing back against what they see as elevated interest rate cut forecasts. While they may have been partially successful in dampening these expectations, a series of global rat

US DOLLAR RESILIENT FOLLOWING GOVERNOR WALLER’S REASSURING ECONOMIC OUTLOOK

A sense of anticipation hung in the air for many corporations and individuals in the United States as Federal Reserve Bank governor Christopher Waller took the stage to deliver a pivotal speech on the country’s economic prospects.

USD FACES RATE CUT PRESSURE AS TAIWAN ELECTION IMPACTS ASIAN MARKETS, WHILE GBP SHINES IN 2024

Another significant factor affecting the US dollar’s performance is the Taiwan election results. The Democratic Progressive Party won the presidency but lost its legislative majority, necessitating collaboration with opposition parties for legislation pas

CEO of the worlds largest sovereign fund: market returns expected to remain low in the coming years

As investors bet that global central banks will gradually begin policy shifts this year, thereby boosting prices of risky assets, some market participants have given a reminder of this frenzy.

Japanese stock market welcomes policy activation for the new year

In March last year, the Tokyo Stock Exchange issued a notice on meeting the requirements of focusing on capital costs and stock price operations, which further promoted the expectation of improving the valuation of the Japanese stock market at the institu

US cargo ship in Yemen hit by anti-ship missile attack, ship caught fire, no casualties reported

Maritime safety company Ambrey later told the media that the attack was on a US shipping company owned bulk carrier, the Gibraltar Eagle, flying the flag of the Marshall Islands. According to navigation records, the Gibraltar Eagle departed from Pohang Po

Bitcoin plummets! Cryptocurrency sold out by 60000 people 24 hours a day, evaporating over 1.4 billion yuan!

On the second day of the listing of spot Bitcoin ETFs, digital currencies experienced another sell-off. Bitcoin experienced a intraday decline of over 8%, and as of press release, it was trading at $42314.2.