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US stock market outlook: Chinese assets collectively rise before the market! YINN surged more than 15%, bilibili rose more than 7%; Goldman Sachs: debt conversion is the first step in China's fiscal big move, which will stimulate economic growth.
Trump claimed to have received a 'plea for help' call from Cook, involving Apple being fined heavily by the European Union; Is there still an 'undercurrent' behind the bull market of US stocks? Goldman Sachs: The rise of the US dollar is a major threat; The gold price continues to hit new highs! As risk aversion heats up, spot gold rises above $2,700.
US Housing Starts (Sep) 1.354M Vs 1.35M Est.
USA Housing Starts For September 1.354M Vs 1.350M Est.; 1.361M Prior
Trump's Potential Federal Reserve Pick Defends Rate Cuts After Ex-President Slammed Jerome Powell's Move
Trump-favored candidate for "Fed Chairman" speaks out: A significant rate cut in September is very reasonable, supports a strong dollar, and the independence of the central bank is crucial.
Former economic advisor Kevin Hassett defended the Fed's rate cut in September, stating that this move is reasonable. He also criticized some of the Fed's decisions in recent years for being politically motivated, believing that the Fed has not achieved the necessary independence.
From the US dollar to US bonds, and then to bitcoin, the 'Trump trade' once again sweeps through the financial markets.
The 'Trump trade' wave closely associated with former President Donald Trump's victory is once again active in the global financial markets.