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Former BOJ Official: January Rate Hike Likely, Ishinomaki Won't Hamper Process

Former Executive Director of Monetary Policy at the Bank of Japan, Eiji Maeda, believes that the new Prime Minister, Shigeo Ishihara, will not hinder the Bank of Japan's interest rate hike process, an...

Jun 27, 2024

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New Investors Enter A-Share Market Today

A-share market welcomes incremental funds!According to the arrangements of China Securities Depository and Clearing Corporation (CSDC), new securities accounts applied for between October 1st (Tuesday...

Jun 27, 2024

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US Pre-Market: Chinese Stocks Plunge, Euro Stocks Down, Iron Ore Dips 2%, Oil Falls Over 1%

September's non-farm data was unexpectedly strong, significantly reducing expectations for a Federal Reserve rate cut, leading to a decline in U.S. stocks and bonds overnight.Today, Chinese stock mark...

Jun 20, 2024

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Fed's Third-in-Command Backs US Economy 'Soft Landing', Supports 25bps November Rate Cut

The unexpectedly strong US non-farm data further releases signals of an economic "soft landing," significantly weakening bets on a 50 basis point rate cut by the Federal Reserve in November. Wall Stre...

Jun 18, 2024

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Gold Set to Resume Bullish Trend Amid Waning Expectations of Aggressive Rate Cuts

Significant rate cuts weaken expectations as they are gradually digested; gold is poised to return to a bullish trend.On the previous trading day, Tuesday (October 8th): International gold/London gold...

Jun 17, 2024

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Foxconn: Crazy Demand for Blackwell Chips, Building World's Largest GB200 Factory, Shipments Expected in Q4

Foxconn's parent company, Hon Hai Precision, has announced that it is building the world's largest Nvidia GB200 chip manufacturing plant in Mexico to meet the surging demand for Blackwell chips in the...

Jun 16, 2024