US stock market outlook | As expected! USA's core PCE in August rose by 2.7% year-on-year, short-term pull-up of the three major index futures; Making a fortune! Well-known major short sellers bet on Chinese concept stocks to usher in a glorious moment
Before the market opened on Friday, the three major equity index futures fell slightly, with the market waiting for PCE data; tesla's 0-interest car purchase event was postponed again; jd.com continued to rise by over 2% before the market, Alibaba and jd.com will open up to each other.
A must-have for US stock investment! Take a sneak peek at the major events in October, all the days that affect the ups and downs have been marked out.
Historically, October has the reputation of being the "bear market killer." Since 1990, the s&p 500 index has averaged a 1.45% increase in October, ranking behind only November and April in performance.
Bank of America and Barclays update their "china fever" strategy: major events happening now! Global risk appetite is on the rise.
①China's current stimulus policy has increasingly become the mainstream attitude of Wall Street analysts, and overseas investors are also showing concerns about 'missing out' while waiting and seeing; ②Even after the significant rise this week, Chinese assets still remain very attractive in terms of valuation; ③In addition to stocks, analysts are also paying attention to the generalized effect of 'China bullish'.
USA's core PCE in August hit a new low since May, lower than market expectations.
"The New York Fed communicator" Nick Timiraos commented on this month's PCE data, saying that the PCE indicator favored by the Fed is not far from the Fed's target.
Express News | Interest rates traders believe that the likelihood of the Fed cutting interest rates by 50 basis points in November is slightly higher than the likelihood of cutting by 25 basis points.
Express News | In August, the core PCE price index in the USA rose by 2.7% year-on-year, in line with expectations.