Why are U.S. bonds so strong? There's too much money waiting to "buy the dip".
Due to the large amount of cash held off-exchange, people are worried that if they don't deposit the money into a fixed-rate account now, they will lose out on interest income in the future. Every time the interest rate rises, people flock to it.
The momentum of the "50 basis points theory" for the Fed's interest rate cuts is rising again, and the price of US bonds is rising accordingly.
Due to investors' increased assessment of the possibility of a 50 basis point rate cut by the Federal Reserve next week, the price of US Treasury bonds has risen, driven by short-term notes.
Goldman Sachs Asset Management: Bullish on commercial real estate debt, more favorable towards CMBS
Massive debt, financing crisis, and plunging property prices are casting a shadow over the commercial real estate market in the USA and posing a threat to investors and banks, but Goldman Sachs Asset Management remains bullish on the commercial real estate debt that others are concerned about.
Trump's remarks are shocking! Barclays Bank: Fear of damaging the profits of s&p 500 constituent stocks, we must be cautious of the full-scale outbreak of the 'trade war'.
Trump has proposed a universal tariff of 10% on imported products from all countries. Barclays Bank warns that this may impact the profits of Standard & Poor's 500 Index components, and warns of a potential full-scale trade war.
Record-breaking! Within 24 hours after the first debate, Harris raised $47 million in funds.
①Within 24 hours after the debate with Trump, Harris raised $47 million. ②This is the largest 24-hour fundraising amount that Harris has raised since running for president.
Futu Morning News | After "Hart's First Defense", Harris sets a record of "sucking" $47 million! Gold prices skyrocket to record highs, analysts exclaim: still possible to rise even higher.
OpenAI has released a preview version of the OpenAI o1 series model, which has inference capabilities; Adobe's stock fell nearly 9% in post-market trading, and its fourth-quarter revenue guidance fell short of expectations.
US stocks closing | NASDAQ, S&P joined hands for four consecutive positives, US stocks' seven giants all rose, with Meta up nearly 3% and Nvidia up nearly 2%.
In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.
Is there another crack in consumer spending in the USA? Deloitte warns that sales growth during the holiday season this year may hit a six-year low.
Data released by Deloitte on Thursday showed that holiday season sales in the United States are expected to grow at the slowest pace in six years, as persistent inflation and depleted savings make consumers more frugal during the crucial shopping period.
Economic weakness is coming! Goldman Sachs predicts that the central banks of Europe and the UK will unleash a "rapid decline" in interest rates storm.
Goldman Sachs' latest forecast predicts that due to weak economic growth, the European Central Bank and the Bank of England will cut interest rates at a faster pace than previously expected. The bank currently expects the European Central Bank to start consecutive rate cuts from December this year, rather than cutting rates at every other meeting, and also lowered the terminal interest rate forecast for the European Central Bank by 0.25 percentage points to 2%.
Pantheon Macroeconomics Still Sees 50 Basis Point Fed Cuts in Nov. and Dec.
Did the US August PPI slightly exceed expectations, with the Fed only 25 basis points away from announcing a rate cut?
Affected by the rebound in service costs, the producer price index in the USA rose slightly higher than expected in August. The Federal Reserve's preferred inflation indicator "Personal Consumption Expenditures Price Index" showed moderate performance, and the market still expects the Federal Reserve to cut interest rates by 25 basis points next week.
US stocks outlook: August PPI slightly lower than expected, three major futures indexes slightly lower; downgraded by major banks! Micron Technology pre-market fell more than 3%
Goldman Sachs CEO: There are signs of weakness in the job market, and the Fed may still cut interest rates by 50 basis points. UBS Group CEO: The market's expectation for a rate cut by the Fed is too aggressive, bullish on a soft landing for the US economy. Nvidia soared 8% overnight and saved the US stock market! Multiple call options made 10 times the profit.
Daily options tracking | NVIDIA surged 8% to rescue the US stock market! Multiple call options made 10 times profit; Trump's first debate at a disadvantage, DJT put options betting on the rise.
gamestop fell nearly 12% overnight, with a trading volume more than double the 30-day average at 0.39 million shares, and the call option ratio is close to 70%. On the options chain, the top five trading contracts are all call options. The contract with an expiration date of October 18 and a strike price of $125 had the highest trading volume, reaching 0.018 million shares, with an open interest of 0.037 million shares.
"Taylor Swift" joining the political arena in the USA! Harris takes the opportunity to raise funds, while Trump responds arrogantly...
①After "Swift" announced her support for Harris, Harris took advantage of Swift's influence to raise funds; ②On the 11th, Trump responded by saying that Taylor may "pay the price" for her choice.
UBS Group CEO: The market's expectation for a rate cut by the Federal Reserve is too aggressive, optimistic about the USA's economy achieving a soft landing.
UBS Group CEO said on Thursday that the fight against inflation is not over yet, and some investors seem to be overly optimistic about the possibility of a significant interest rate cut by the Federal Reserve this month.
Futu Morning Post | Trump Is Ready to Debate Harris: Agrees to a New Round of Debate; Strong Demand for Blackwell Chips! Nvidia Surges 8% for the Largest Single-Day Gain Since August.
OpenAI is in talks to raise funds at a valuation of $150 billion, while Berkshire is selling more of its shares in Bank of America, but the pace of selling has slowed down. Competitors disclose details of their weight-loss drug research, causing gains in novo-nordisk a/s and eli lilly and co shares.
US stock market closing: US stocks staged a "V-shaped" big reversal, with Nvidia soaring more than 8%; solar concept stocks and lithium stocks rose across the board, with first solar rising more than 15% and Albemarle rising more than 13%
The core CPI in the US in August exceeded expectations, and the market believes that the Federal Reserve will not make a significant interest rate cut next week. The US stock market fell at the beginning of trading, with the Dow Jones Industrial Average falling more than 740 points at one point. Huang Renxun emphasized the high demand for AI chips, and Nvidia, which had the largest increase in six weeks, led the US stock market to rebound in a V-shape, with the Nasdaq rising more than 2% and chip stocks rising nearly 5%. The US presidential debate boosted solar stocks, while Trump media fell more than 10% to the lowest level since its backdoor listing in March. Brent oil climbed back above $70, breaking away from a three-year low.
There is a strong demand for new mortgage loans, and the volume of commercial mortgage-backed securities trading in the United States has increased sharply.
Since the beginning of this summer, the commercial real estate loan system on Wall Street has been operating at a high speed.
Treasury Yields Rise As Inflation Bolsters Moderate Fed Cut Bets -- Market Talk
U.S. 2 Year Treasury Yield Falls to Its Lowest Level in Two Years