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Another fatal blow to the Renminbi! The central bank's dovish tone is sounding: the global market is boiling, will Powell loosen his stance today?
As traders prepare for the Federal Reserve's interest rate cut, the stock market rose on Wednesday, with the S&P 500 index pointing to continuous gains in US stock futures after hitting its 36th record this year. The US dollar remained stable, and after Federal Reserve Chairman Powell's cautious but inspiring speech on inflation the previous day, expectations for an interest rate cut in the United States have increased.
Express News | Analyst: Data increasingly supports the expectation of a Fed rate cut in September.
Express News | Market Analysis: Rate Cut Prospect May Boost US Stock. After the rise in the US stock market, the prospect of a rate cut in the short term has provided investors with reasons to remain bullish, while the upcoming corporate earnings report and increasing p
"Buffet Indicator" issues warning! US stocks are extremely overvalued.
Buffett has said that he favors a single indicator that measures the valuation level at any given time.
Opposition within the party continues to escalate! Biden's campaign faces many difficulties.
On Tuesday, the division within the Democratic Party over whether Biden should run for re-election continued to widen.
Express News | Markets are preparing for rate cuts, betting on a gradual steepening of the yield curve.