The news of the Federal Reserve cutting interest rates by 50 basis points suddenly spread! The US dollar plummeted, gold hit a new high again, and the yen soared.
For European traders who believed on Thursday evening that a 25 basis point interest rate cut by the Federal Reserve next week was almost certain, Friday (September 13th) may bring a big surprise.
Interest rate cuts coinciding with the election, where will the exchange rates of the US dollar go? Here's how Wall Street fund managers see it.
The volatility of exchange rates is expected to increase before the end of the year, and some Wall Street fund managers have expressed their views on the US dollar in the coming months.
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".
Has the pullback in the US stock market ended? Deutsche Bank raised its target price for the s&p 500: three major bullish factors support the US stock market to reach new highs.
Deutsche Bank has raised its year-end target for the S&P 500 index from 5500 points to 5750 points, citing increased stock buybacks, strong corporate earnings, and strong inflow of funds driven by strong risk preferences. According to Deutsche Bank analysts, the recent two-month period of volatile pullback in the US stock market is now basically over, and the US stock market will continue to rise in the future.
This week's bull stock in the US stock market | AI concept stocks rebounded strongly, helping the S&P and Nasdaq to rise for four consecutive days! Nvidia surged nearly 16% in four days, while Broadcom rose more than 20%.
This week, the US stock market quickly rebounded, with the S&P 500 and the Nasdaq rising for 4 consecutive days, led by Nvidia, the AI concept stock. Among them, the Dow Jones Industrial Average rose 1.86%, the S&P 500 Index rose 3.46%, and the Nasdaq, which is dominated by technology stocks, performed the best, soaring 5.27%.
Unlocking the Potential of Forex Trading for Beginners in America