US consumers' expectations of long-term inflation rose to their highest level in three decades amid fears that Mr. Trump's tariffs will lead to higher prices. According to the University of Michigan's Consumer Confidence Survey, consumers expect prices to rise at an annual rate of 3.5 per cent over the next five to 10 years, the highest level since 1995 in data compiled by Bloomberg.
Class A shares of high-end stocks plunged in the afternoon, Jinaobo, Yingtong communications fell by the limit, Guangxi radio and television hit the limit, after the remote shares, ancestral shares, Jin An Guoji, Pioneer Electronics fell by the limit, and Huamai Technology, which was once promoted to 5 even boards in early trading, turned green in the afternoon.
UK 2-year bond yields rose about 10 basis points to 4.560 per cent, their highest level since May, while 10-year yields rose about 10 basis points to 4.656 per cent, their highest level since October 2023.
Class A shares of a number of high-level stocks opened down, Holley shares, Qingdao Jinwang, Fudan Fuhua, Chengdu Road Bridge, Rebecca and other limit.
On October 20th, Xi Jinping, General Secretary of the CPC Central Committee, President of the State and Chairperson of the Central Military Commission, recently made important instructions on the work of national-level economic and technological development zones and pointed out that the construction of national-level economic and technological development zones is an important measure for our country to promote reform and opening up. Xi Jinping stressed that in the new era and new journey, nati...
The non-farm data exceeded expectations, and the US dollar index hit its highest level in seven weeks! Nasrallah's potential successor was killed, Qatari officials said Hamas leader Sinwar was still alive... What major events have happened around the world since last Friday?
The fear index VIX hit its highest level since August 12, rising nearly 25% in the day to 19.4.
The onshore renminbi rose to its highest level against the dollar since June 2023 at 7.0845, up more than 200 points in the day.
The euro rose to its highest level in a year, with traders more bullish on the euro than at any time since late 2020 ahead of the annual Jackson Hole meeting. The euro briefly rose to 1.1143 on Wednesday, its highest level since July 2023. Markets expect Federal Reserve Chairperson Jerome Powell to back up their bet on rate cuts on Friday, with the Fed expected to cut rates faster than the European Central Bank in the coming months.
The U.S. stock market volatility index hit its highest level in four years.