Elliott Wave Forecast: Bullish Trends Ahead for Global Indices Including S&P 500, Nasdaq 100 [Video]
The impact of hurricanes on the economy of the usa can already be felt in tonight's market.
Analysis suggests that based on past experiences with hurricane impacts, it is expected that the growth of the number of applicants in North Carolina will fall back somewhat in tonight's data. Meanwhile, due to the dual impact of hurricanes "Heleni" and "Milton", Florida may experience an even greater increase in initial claims for unemployment benefits in the region.
Futu Morning Post | Today at 10 o'clock! Five departments will hold a major real estate market meeting; technology giants are betting on nuclear energy, and the nuclear power sector is collectively soaring, with Oklo surging by 40%.
Spot gold is testing historical highs, as Deutsche Bank stated due to the weak performance of the US stock market in the second half of the year; Goldman Sachs trading department expects the s&p 500 index to rise to 6270 points by the end of the year.
Bank of America: Fund managers are bullish on the Chinese economy and stocks overall, while the global stock market is showing a sell signal.
A global survey conducted by Bank of America in October showed that after China's package of stimulus measures was introduced, the net proportion of global fund managers expecting China's economy to strengthen over the next 12 months reached 48%, the highest since April 2023. However, it is necessary to be cautious as global stock markets have just triggered a sell signal from Bank of America for the first time since February 2021. Investors have shown optimism, anticipating a solid foundation for the global economy.
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Daily Roundup of Key US Economic Data for Oct. 16