Overall inflation cools down! The US June CPI turns negative for the first time in four years on a month-on-month basis, and the year-on-year growth rate of the core CPI hits a more than three-year low.
On Thursday, July 11, the US Department of Labor released data showing that US CPI in June was 3% year-on-year, slightly lower than expected 3.1%, further down from the previous value of 3.3%, a 0.1% month-on-month decrease, expected 0.1%, and the first negative growth since May 2020 with a previous value of 0%.
SKYX Technologies Announces Production Start Of Global Patented Advanced Smart Plug & Play Recessed Light
Patents Include U.S., China, Canada, Hong Kong, And Mexico; Expects Significant Contribution To Growth In Multi-Billion Unit Market As Market Penetration
US Stock Market Preview | Significant cooling of US June CPI! Three major futures indexes straight up; a changing market situation? Analysts predict that the performance of the seven giants will slow down, while other companies will lead the S&P 500.
Federal Reserve officials speak out: They will take quick action if unemployment deteriorates; is Tesla like a meme stock? Musk retorts to "bond king"; Taiwan Semiconductor soars! The AI boom helps it dominate the market cap in Asia, and its stock price hits a new high in Taiwan.
Mangoceuticals Secures Strategic Partnership With International Society of Frontier Life Sciences and Technology To Distribute Men's Health Products In China, Asia Pacific, And Latin America (Excluding Mexico); Marks Significant Milestone In Expansion...
Mangoceuticals Secures Strategic Partnership With International Society of Frontier Life Sciences and Technology To Distribute Men's Health Products In China, Asia Pacific, And Latin America (
US Stock Nuggets | Multiple benefits support uranium prices! Uranium mining giant Cameco rose nearly 10%; “rushing” interest rate cut expectations, and many gold stocks hit new highs during the year
Investment banks raised their target prices, and semiconductor equipment stocks are rising one after another! Asmack, Kelei, Fanlin Group, and Applied Materials continued to reach new highs during the year; joining hands to compete for AI phones, AI services are expected to boost demand! Both Apple and Google hit new highs.
Asia And Europe Markets Advance, Dollar Retreats After Powell's Dovish Stance - Global Markets Today While US Slept
On Wednesday, July 10, U.S. stock markets closed higher, fueled by gains in Nvidia and other major stocks ahead of upcoming inflation data and earnings reports.The Nasdaq and the S&P 500 set
Big news from Tencent! A company it holds shares in goes public, marking the second largest IPO in South Korea this year.
① South Korea's fourth-largest game developer, Shift Up, went public in Seoul on Thursday, with Tencent's investment company as its second-largest shareholder; ② Over the past two years, Shift Up has achieved success with the mobile game 'Goddess of Victory: Nikke' and the console game 'Project EVE'.
Is the big market trend coming tonight at 20:30? A three-minute illustrated essence version to preview the U.S. CPI
Many Wall Street traders have already shifted and locked their attention to the U.S. CPI data for June, which will be released tonight at 20:30. Will this CPI data completely ignite expectations for a Fed rate cut? And will it add fuel to the rise of global risk assets tonight?
Hong Kong stock market update: Strong performance for the whole day! The Hang Seng Index surged over 2% and the technology index rose significantly by 2.67%. Concept stocks related to technology, autos, and apple supplier soared, with Xpeng rising over 11
The Hong Kong stock market performed strongly today, and the three major indices increased their gains further in the afternoon. The Hang Seng Tech Index rose sharply by 2.67%, showing the best performance, and the Hang Seng Index and the H股 Index rose by 2.06% and 1.93% respectively. The market sentiment stabilized.
Asia Markets Mostly Advance, Japan's Nikkei Crosses 42,000 Mark, Eyes on US CPI Report
Hong Kong stocks rose strongly in midday trading, with the technology index up more than 2%; auto, nonferrous metals, and apple supplier concept stocks rose together, q tech rose more than 24%, and xpeng rose more than 10%.
In the morning session of Hong Kong stock market, the three major indices performed strongly, with Hang Seng Tech Index leading the way with a surge of 2.5% at one point, and closing up 2.04% at noon. Hang Seng Index and National Index rose by 1.54% and 1.44% respectively, with Hang Seng Index approaching the 18,000 level during the session.
Waiting for interest rate cuts? The 'voice' that understands the Federal Reserve best has hinted that this time Powell will turn to a more reliable approach!
During this week's two-day Congressional visit to Capitol Hill, Federal Reserve Chairman Powell's testimony did not cause much market uproar. However, according to renowned journalist Nick Timiraos, who has been dubbed the 'New Fed Communications Agency,' Powell has hinted that the Fed's interest rate policy will soon begin to change direction this week, and this shift may be even more reliable...
A quick overview of the market: All three major Hong Kong stock indexes rose, with the technology index up nearly 2%. Auto stocks performed strongly, with Xpeng rising more than 8%.
Apple suppliers saw a surge in stocks, with q tech up more than 23%, sunny optical up more than 6%, aac tech up nearly 6%, and fih up nearly 5%.
No longer a case of "The Boy Who Cried Wolf"? The New York Federal Reserve comments that this time, "Powell Pivot" will be more sustainable than at the end of last year.
Nowadays, the threshold for Fed rate cuts is lower than in previous months and the situation has changed. Powell believes that inflation is returning to normal and the labor market is clearly weakening, further weakness is unnecessary and unwanted.
Xiaomi responds urgently to Gree's lawsuit; Quark upgrades "super search box" and introduces AI search-centered one-stop AI service | AI daily morning news
Today's AI daily morning news is mainly about: ① Tencent will share the 13th salary at the end of the year, which will be reflected in the August 5th payday; ② Xiaomi responds urgently to Gree's lawsuit: It's not true, Gree insists that the infringing products are made by Xiaomi's holding company; ③ China successfully built the first quantum simulator surpassing classical computers.
Car Networking Interaction welcomes a landmark: the largest demonstration commercial area in the country that turns electric cars into "mobile charging treasures".
As a new type of mobile energy storage unit, electric vehicles participate in peak shaving, virtual power plants, aggregated trading, and other applications through interaction with the grid and energy and information exchange through charging stations. Jiangsu, Shenzhen, Beijing, and other provinces and cities have achieved significant progress in the construction of interactive demonstration stations between cars and the grid.
Futu Morning News | Powell unexpectedly "dovish"! US stocks reach new highs again; Wall Street has been fully occupied by bulls! Investment banks are shouting that the S&P 500 is expected to rise to 5900 points by the end of the year.
The U.S. stock market continues to hit new highs. Goldman Sachs macro traders are scared and any disappointing profits may face severe punishment. On the eve of the heavy CPI announcement in the United States, the 10-year Treasury auction performed well.
IShares China Large-Cap ETF Options Spot-On: On July 10th, 71,611 Contracts Were Traded, With 3.68 Million Open Interest
On July 10th ET, $iShares China Large-Cap ETF(FXI.US)$ had active options trading, with a total trading volume of 71,611 options for the day, of which put options accounted for 49.27% of the total
U.S. Treasury Undersecretary Jay Shambaugh Says U.S. May Need Further Defensive Actions To Protect Industries From China's Overcapacity; Suggests 'More Creative Approaches' Beyond Section 301 Tariffs; Defending Against Excess Capacity And Dumping Not...
U.S. Treasury Undersecretary Jay Shambaugh Says U.S. May Need Further Defensive Actions To Protect Industries From China's Overcapacity; Suggests 'More Creative Approaches' Beyond Section 301 Tariffs;
The first decline in September, US stocks have risen by 5% this year... Powell's second day of bravery on Capitol Hill! The survey shows how the market will go from here.
Federal Reserve Chairman Powell entered the second day of "braving" Capitol Hill.