Charu Chanana, chief investment strategist at Saxo Group, said that the market will see this week as a small "reset" of the US macro narrative, with employment and inflation data to be released in a narrow window that could quickly reprice interest rates. The Federal Reserve cut interest rates last week and expects another cut in 2026, but the market expects at least two more cuts next year. "If the data is mixed or slightly weaker than expected, then the narrative of a soft landing will hold...
Is the US government shutdown expected to end? US consumer confidence has fallen to a three-year low; Trump claims to want to continue meeting with Putin, China's central bank has increased its gold holdings for the 12th consecutive month... What's happening around the world since last Friday?
Hours after Republicans and Democrats remain at loggerheads over spending and Mr. Trump refuses to negotiate, the US government shutdown will be a record long. Click to view...
The "Super Central Bank Week" is here! The Federal Reserve is on the scene with the "shutdown shackles". Will Powell release a beautiful dove sound? The US government shutdown continues, when will the technical pullback of gold end? US stock traders begin to switch positions... Click to view...
Three weeks after the US government shutdown, the Labor Department temporarily recalled employees to "rescue" the CPI, which not only allowed the market to finally move forward without "touching the dark", but also raised concerns about the accuracy of the data. Click to view...
CPI is the only sign of the vacuum since the US government shutdown and before the Fed's decision, but it is not inflation that is really driving the market. Traders are waiting for the data to come out and then executing the script that has been written...
According to a press release from the Department of Justice, the Department of Justice has filed the largest forfeiture action in history against the Cambodia-based multinational fraud group "Prince Group". The U.S. Attorney's Office for the Eastern District of New York and the Department of Justice's National Security Agency today filed a civil forfeiture lawsuit against the "Prince Group" for approximately 127,271 bitcoins (approximately $15 billion). These bitcoins were the proceeds and crimi...
The US government has been shut down for more than a week, and the first phase of the ceasefire has been reached in Yiha. Risk aversion has cooled down and gold has fallen from a high level! After the high market early seedlings won, the yen collapsed? The French political situation has restructured again! Federal Reserve minutes show that interest rate cuts have widened... What stimulus markets did you miss this week?
Ray Dalio, founder of Bridgewater Associates, repeated his warning that US government debt was growing too fast and that the current situation was "very similar to the years leading up to World War II." When debt rises relative to income, says Mr. Dalio, it is "like plaque in the arteries that eventually squeezes spending space [in the economy]".
Trump announced that Israel and Kazakhstan signed the first phase of the Gaza ceasefire agreement, the US Senate rejected the bipartisan temporary funding bill for the sixth time, the Federal Reserve cautiously hinted that further interest rate cuts will be made this year, and spot gold broke $4,000 for the first time. Click to view the global news last night and this morning