US PRESIDENT TRUMP: We're going to put out a list on Friday to shut down Democratic programs. We're closing down Democratic programs that we don't agree with.
U.S. President Donald Trump: Preparing to unveil Intel's (INTC. O) equity deal agreement on Friday.
The inflation data released last Friday showed signs of inflationary pressure caused by tariffs. Is there any possibility of the Federal Reserve cutting interest rates in the near future? What signal will the non-farm payroll data give this Thursday?
Next week's important events and data forecast: Monday: Federal Reserve Governor Bowman speaks on monetary policy and the banking industry; the United States begins to impose tariffs on a variety of steel appliances at a rate of 50%. Tuesday: Federal Reserve Hamak speaks on monetary policy; Federal Reserve Chairperson Jerome Powell testifies in the House Financial Services Committee's semiannual monetary policy report; the Summer Davos Forum is held...
If Friday's non-farm payrolls report is weak, a correction in the U.S. stock market could begin to gain traction, according to Scott Rubner of Goldman Sachs. Rules-based systematic funds such as Commodity Trading Advisers (CTAs) now have an asymmetric downward bias for the month ahead, "This is the last week of non-emotional demand," Rubner wrote. CTAs could sell $17.38 billion of U.S. stocks in flat markets; upmarket sales could reach $3.73 billion, while stock market declines could lead to a s...
The Federal Reserve on Friday released a tentative schedule for the FOMC (FOMC) meetings in January 2025, 2026 and 2027. The Fed is sticking to its traditional schedule of eight meetings a year. The FOMC statement will be released at 2 p.m. ET on the second day of the meeting, followed by a press conference by the Fed chair at 2:30 p.m.
1. The Hong Kong Monetary Authority will announce the details related to the launch of digital RMB in Hong Kong as soon as this Friday. 2. Market participants: It is believed that cryptocurrency ETFs still have potential for development in Hong Kong. 3. Messari report: The volume of cryptocurrency financing transactions increased by 3.8% in April 2024, reaching 1.36 billion US dollars. 4. Fed Kashkari: BTC is neither an investment vehicle nor a currency. 5. Maker founder: A pure decentralized st...