Hawkish signals hinting at a pause in interest rate cuts? Tonight's non-farm data may provide the final clue for the Fed's actions next week.
Strong non-farm data will enhance the market's expectation for the Federal Reserve to possibly pause rate cuts early next year.
Election night trading guide: key time points, key focus points, will there be any delays?
Goldman Sachs recently released a research report stating that the market has overestimated the risks of uncertainty caused by delayed election results. Goldman Sachs indicated that the speed of counting votes in this election may accelerate, and it may not be as close as reflected in the polls. The trading in the financial markets may reflect the election results on the evening of the election day or the next morning, with the key results of the county-level elections becoming the focus of the market. Although there may be some fluctuations in the first few hours of the election night, it will soon return to normal levels.
"Trump trade" and dealing with "Trump trade"
Analysis suggests that, in response to potential tariff shocks, it may be appropriate to adjust the exchange rates of the Renminbi to cope, and it is recommended to avoid some heavy asset enterprises. Potential tariffs may lead to a contraction in external demand, prompting a stronger focus on stimulating domestic demand, potentially elevating consumer to an unprecedented level in financial stimulus.
US stock market early trading | Trump's media technology group triggered another circuit breaker during the session, now down 10%; china concept stocks fall, alibaba, pdd holdings down more than 1%
Meta fell nearly 3%, the metaverse division continued to suffer serious losses in the third quarter, raising the full-year capital expenditure guidance; Estee Lauder narrowed its decline to 18%, the company withdrew its 2025 fiscal year outlook and lowered its dividend.
Core PCE annual rate slightly exceeded expectations in September, but does the Fed's interest rate cut expectations remain unchanged for this year?
USA's core PCE annual rate slightly exceeded expectations, initial jobless claims declined, the market still bets that the Federal Reserve will cut interest rates by 25 basis points in November.
The initial jobless claims in the usa last week were 0.216 million, dropping to the lowest level since May.
Last week, the number of people applying for unemployment benefits in the USA dropped to 0.216 million, the lowest level since May. Southeastern states are recovering from the impact of two hurricanes. Economists predict that Federal Reserve officials may ignore the employment report next week and cut rates by 25 basis points.