How to view the "historically pessimistic" oil price, goldman sachs: short but long!
Goldman Sachs expects that Brent crude oil will recover to $77 per barrel in the fourth quarter of this year, as the market's overly pessimistic sentiment towards oil demand improves and the OECD inventory remains slightly below normal levels, providing some support for oil prices. However, over time, the market's pessimistic expectations for supply and demand balance are gradually increasing, putting further pressure on oil prices next year.
Asia Markets Mixed, Europe Advances; Crude Oil Steady While Gold Holds Above $2,600 - Global Markets Today While US Slept
Oil prices rebounded before the Federal Reserve interest rate decision, and it is feared that the bulls will have a difficult time causing a major storm.
Nearly 20% of crude oil production in the Gulf of Mexico in the United States has been halted, and with the imminent interest rate cut by the Federal Reserve, it has provided support for oil prices, but the market may still remain cautious.
Gold Clocks New High While Dollar Weakens; Asia And Europe Markets Mixed - Global Markets Today While US Slept
The bond bull market with dividend overlay, the insurance industry's "investment side" finally sees a warming trend.
Only in the first half of 2024, five mainland insurance companies listed on the Hong Kong stock market have already exceeded 90% of last year's annual net profit attributable to shareholders.
After "getting the US bond right", BofA's Hartnett: gold hedge against "secondary inflation", the best "contrary trade" is oil and metals.
Hartnett believes that whether it is Harris or Trump who finally becomes the President of the United States, it will not change the trajectory of the expanding government debt and ballooning deficit in the United States. Therefore, the market will turn to gold in a flight-to-safety sentiment, and it is expected that the price of gold will rise to $3,000 per ounce.
Cm bank Peng Ke: The foundation of green finance development is the sustainable development of industries, representing the vast market of future economic growth.
①Commercial banks are the main force in the development of green finance in China, and China has become the world's largest indirect financing market for green finance. ②In China's carbon emissions structure, the energy sector and manufacturing industry have the highest proportion of carbon emissions, and the transformation of energy and energy conservation and emission reduction in the manufacturing industry are the main battlegrounds for China's green finance.
The suspension of sales is driving! In August, the premium for personal insurance in the five major A-share insurance companies skyrocketed, with Xinhua and PICC Life's monthly growth rate exceeding 90%.
1. Under the effect of "suspension of sales", life insurance new policies did not decrease in August. 2. In the month of August, New China Life Insurance and China Life Insurance saw a staggering year-on-year increase of 122% and 95% in premium income. 3. In the month of August, Ping An Life Insurance, China Life Insurance, and Taikang Life Insurance saw a year-on-year growth of over 25% in premium income.
If Trump is elected, it would be bullish for the energy industry and boost oil prices? History shows: quite the opposite.
Although Donald Trump, the Republican presidential candidate, has repeatedly praised oil exploration and caused energy stocks to rebound, which is considered a typical "Trump trade", some Wall Street professionals believe the opposite.
Crude Gains On Supply Disruptions, Gold Hits Record High And Dollar Hits One Week Low - Global Markets Today While US Slept
Investors are overlooking market risks, CIO warns: US debt and oil prices are potential hazards.
The chief investment officer warned that the market faces two major risks, but while paying attention to these challenges, he is also bullish on some stocks, calling them "alternatives to bonds".
Express News | CICC: Potential adjustments in the short-term policies of the domestic real estate market may bring certain trading opportunities. Bullish on China Resources Land and China Overseas
Real estate heavyweight rumors are coming again, how big will the impact be if the bullish news is confirmed?
This morning, CNBC had a commentary on the market, which roughly translates to "In most Asian markets, there was a decline, but the Chinese stock market sees hope for a rebound." Expectations for the direction of the economy, both domestically and internationally, have been strengthened, and there are constant heavy rumors.
Intraday overview | Hong Kong's three major indices collectively rose more than 1%; gold and biomedical sectors were strong, and Yiming Angkedao rose more than 50%.
In terms of sectors, network technology stocks have collectively risen, with Sensetime up nearly 3%, Meituan up over 2%, Xiaomi, Alibaba, Baidu up over 1%, Tencent, JD.com up nearly 1%.
Hong Kong stock opportunity tracking | Taobao officially integrates WeChat Pay; China Longyuan Renewable Energy's power generation from wind power is expected to increase by more than 90% this year.
China Resources Land's sales exceeded 150 billion yuan in the first 8 months; China Eastern Airlines' H shares received cumulative shareholding of over 0.1 billion shares from the controlling shareholder; OpenAI has released an AI model with reasoning capabilities.
Asia Markets Mixed, Europe Advances; Crude Oil And Gold In Gain - Global Markets Today While US Slept
The third "国十条" of the insurance industry has activated the trillion-dollar retirement financial market. The direction of the development of the three-pillar retirement insurance has been determined!
① Vigorously develop commercial insurance annuities to meet the diversified retirement protection and long-term financial planning needs of the public; ② Encourage the development of new products and exclusive products that adapt to the individual pension system; ③ Support pension insurance companies in conducting commercial pension business and promote the development of exclusive commercial retirement insurance.
Express News | The State Council issued the "Opinions on Strengthening Supervision, Preventing Risks, and Promoting the High-Quality Development of the Insurance Industry."
Express News | BOC International: Topsports' profit warning indicates weaker-than-expected retail sales of sportswear.
Worse than the financial crisis and the COVID-19 pandemic! Illustration: To what extent has the oil market collapsed?
① As global benchmark Brent crude oil fell below $70, oil prices have reached their lowest level since December 2021; ② In fact, what is even more alarming to market participants than the sharp decline in prices may be the popularity of the crude oil market.