Express News | Goldman Sachs has downgraded the rating of the Mercedes-Benz Group to neutral, with a Target Price of 59 euros.

Breakings13:49

Express News | Goldman Sachs predicts that the impact of the Los Angeles wildfires on USA employment is minimal.

Breakings12:40

Express News | Goldman Sachs Group's Asia Pacific President Sneader is bullish on the future development momentum of China.

Breakings11:36

The arrangement for Trump's inauguration ceremony has been announced: it is expected to cost 0.037 million dollars per minute.

① The inauguration activities of the president-elect Trump in the USA have been announced, including an official party, a MAGA rally, and a large fireworks display, with multiple events taking place at Trump's golf course outside Washington, D.C. ② Trump's inaugural committee has raised over $0.17 billion, expected to reach $0.2 billion, spending $0.037 million per minute, far exceeding the record of $8,600 per minute set during Obama's first inauguration.

cls.cn10:30

UBS Group: Gradually increasing tariffs will be very "tricky" for the Federal Reserve.

Arend Kapteyn, head of Global Economics and Strategy Research at UBS Group, stated that if the USA's newly elected President Trump gradually raises tariffs, it will be quite "tricky" for the Federal Reserve, which is still battling the last mile of inflation. "We believe tariffs are a one-time price level change, which will disappear after a year; if they are not too large, they will not generate spillover effects, hence there won't be a similar second-round inflation effect," Kapteyn said on Tuesday. "However, if tariffs are gradually increased and a series of supply shocks follow, causing inflation peaks to rise sharply, I think the central bank will have to deal with this.

Global market report08:54

Wall Street expects the USD to rise further this year, while the Euro may fall below parity.

Given the strong USA economy, reduced expectations for Federal Reserve interest rate cuts, and the possibility of Trump increasing tariffs, Wall Street anticipates that the USD may continue to rise. Forex strategists from Goldman Sachs, TD Securities, and Deutsche Bank expect more upward potential for the USD this year. The Bloomberg USD spot index rose for the fifth consecutive trading day on Monday, now just 2.8% away from its 2022 peak. The cost of hedging against a rise in the USD over the next year has reached its highest level in nearly two years. Forex trader Helen Given from Monex stated, "We believe the USD will remain strong, and if we are to see the Bloomberg USD index break above January 2022."

Global Market Report05:28