gtja: Why is the US dollar rising?
The resilience of the US economy is an important factor in maintaining the strength of the US dollar, and the Citi Economic Surprise Index reflects recent US economic data improving beyond expectations.
Warning bells ring before the election! usa 1-year sovereign CDS rises to near one-year high.
①On Thursday, although the yield on 10-year US Treasury bonds has fallen from a three-month high, the cautious atmosphere in the US bond market is still strong; ②Due to the economic policies of both presidential candidates potentially leading to a further expansion of the US fiscal deficit and increasing the burden of sovereign debt, the US 1-year sovereign CDS has now risen to its highest level in nearly a year.
Futu Morning Post | Surged overnight! Tesla soared by 22%, Musk's wealth increased by $26 billion; Initial jobless claims in the USA unexpectedly declined to pre-hurricane levels.
Federal Reserve voting committee member Hammack stated that although the progress in reducing inflation in recent months has improved, the work against inflation is not yet complete; European Central Bank board member Nagel said that the ECB should not be too hasty in cutting interest rates and should still maintain flexibility.
Investor Sentiment Will Remain Vulnerable Going Into Election, Fed Cuts, Geopolitics
Bond Market 'Sniffing Out Trump Win' Contributes to 10-year Yield Visiting 3-month High
Higher Treasury Yields 'Paring Back' Fed Rate Cut Expectations
U.S. stock early trading | Tesla soared more than 16% after earnings, with its stock price briefly rising above $250; Cryptocurrency stocks surged, with MicroStrategy up over 6% and Coinbase up over 5%.
On the evening of the 24th Beijing time, tesla's stock price soared after the performance was announced. The market continues to focus on the US stock earnings and the prospects of the Fed's interest rate cuts.
The world's largest asset management: The possibility of a\n"difficult birth" of the US election results is underestimated!
BlackRock states that overly intense presidential elections in the usa could lead to controversial results, but the market has not priced in this scenario.
US stocks outlook | Bullish outlook! Morgan Stanley: US stocks will remain strong in the next decade, benefiting from technology and AI; Tesla surges nearly 14% pre-market, Q3 profits exceed expectations.
Uber Technologies, Lyft fell before the market opened, Tesla will launch ride-hailing services in Texas and California next year; bold prediction! Bernstein bets that bitcoin will rise to $0.2 million next year.
Daily options tracking | Tesla launched a performance 'comeback battle'! A major investor splurged over $11 million to buy bullish contracts yesterday; Bearish news struck, Apple made over 3 times profit from multiple put options.
Meta fell more than 3% in the previous trading day, put ratio was 30%, total options trade volume was 1.34 million contracts, with the highest volume being the call option expiring tomorrow at a strike price of $590, with 0.043 million contracts, and open interest of 0.01 million contracts.
The Japanese yen has once again reached a "dangerous territory" inadvertently!
①The Japanese Yen to US Dollar exchange rates fell to its lowest level in nearly three months on Wednesday, reigniting concerns that if the yen continues to depreciate, Japanese officials may intervene to support the yen. ②Market data shows that the yen exchange rate plunged by about 1.4% overnight, with the US dollar rising to a high of 153.18 against the yen, the highest level since the end of July.
CICC: After the general election, the current decline in US Treasury bonds will come to an end.
CICC believes that the natural trend of the US fundamentals repair after the interest rate cut, combined with the incremental policy changes after the election, make it difficult for US bond yields to trend downward again, but it is also a trading and arbitrage opportunity.
Key indicators soar, sounding the alarm for a sharp drop in US Treasury bonds!
The risk of U.S. Treasury bonds continues to rise......
Futu Morning Post | Exceeding expectations! Tesla's post-performance soared, Musk said next year's sales are expected to increase by 20-30%; the Fed released the beige book, inflation levels continue to be moderate
Warren Buffett speaks out on the US presidential election: Does not endorse any political candidate; Pressuring US debt? Goldman Sachs and asset management giant Vanguard are more bullish on European debt.
U.S. stock market closing review: U.S. stocks fell, Dow Jones plummeted by 400 points. tesla's profits exceeded expectations, and surged significantly after hours.
On Wednesday (October 23), the US stock market plunged significantly due to the rise in US Treasury yields, with market sentiment under pressure. The Dow Jones Industrial Average index plummeted nearly 400 points, marking the largest single-day drop in over a month.
Billl Ackman Says Pershing Not Placing Bets on U.S. Presidential Race Outcome
Express News | Vanguard analyst: we are positioning for underperformance of U.S. treasuries and outperformance of european government bonds.
US stocks early trading | Market sentiment under pressure, three major indexes down slightly; donald trump concept stocks continue to rally, phunware soaring over 24%, DJT up nearly 6%
On the evening of the 23rd, peking time, the US stock market opened lower on Wednesday. The yield on US Treasury bonds touched a three-month high. Financial reports from a group of important companies are being released one after another. The market continues to focus on the prospects of the US presidential election and the Federal Reserve's interest rate cuts. The Federal Reserve will release the Beige Book report on the economic situation today.
Treasuries Slide for Third Straight Day as Fed-Cut Bets Wane
US stock market outlook: Wall Street continues to bet on the 'Trump trade'! Phunware surges nearly 20% pre-market; tesla's performance will come later after the market.
Bank of America CEO: The Federal Reserve should be cautious in cutting interest rates, avoiding excessive force; McDonald's fell nearly 7%, serious E. coli infections occurred in McDonald's in many places in the usa.