Economic 'soft landing' combined with the wave of AI demand! Is there hope for the copper stocks to open up room for growth?

With the unexpected 50 basis point rate cut by the Federal Reserve, there has been a shift in the previously intense debate about whether the US economy will experience a "hard landing". The copper sector rose nearly 2% overall yesterday, showing strong performance.

Futu NewsSep 19 19:29

Who has a higher winning percentage between the US dollar, the Chinese yuan, and gold before and after the first rate cut by the Federal Reserve?

From the historical interest rate cuts, the US dollar is under short-term pressure after a rate cut, and the medium to long-term trend is influenced by the relative strength of the US economy and global risk aversion, making it difficult to predict. The RMB exchange rate is relatively independent, with a greater chance of gold winning.

Golden10 DataSep 19 15:00

The Federal Reserve has made a rare and significant cut of 50 basis points! Powell: Don't think this is a new pace of rate cuts.

Federal Reserve Chairman Powell's hawkish comments indicate that the Fed's economic forecast summary does not indicate any urgency to cut interest rates. Monetary policy decisions will be driven by data, and rate cuts will be accelerated, slowed down, or paused as needed. He stated that the increased downside risks to US employment are worth watching, and the subsiding upside risks to inflation are encouraging, but the fight against inflation is not yet won. The Fed does not have a predetermined policy path and will decide on actions at future meetings.

wallstreetcnSep 19 07:27

Here comes the full text! Powell's press conference was quite hawkish, causing a major reversal in assets. What did he say exactly? (Chinese-English Comparison)

If the economy remains stable and inflation continues to exist, the Federal Reserve will switch to cutting interest rates more slowly; if the labor market unexpectedly weakens or inflation decreases faster than expected, it is also prepared to respond with aggressive interest rate cuts.

wallstreetcnSep 19 07:03

Gold prices are high, but are stores still struggling to sell? The Mid-Autumn Festival gold consumption is mainly driven by essential needs in the industry.

During the Mid-Autumn Festival holiday, the London spot gold price approached $2,600 per ounce, reaching a historical high. The domestic gold jewelry prices are also high, with many potential buyers taking a wait-and-see approach, and the consumer base mainly consisting of customers with newlywed needs. Analysts believe that under the backdrop of high gold prices, the "National Day" gold retail market may still face pressure.

cls.cnSep 18 22:22

Will the Federal Reserve welcome its first interest rate cut in four years? Will gold have a bright future?

Not just a simple rate cut! This Fed meeting has a lot of information, investors must fasten their seat belts tonight.

Golden10 DataSep 18 15:01