News list for " JP Morgan Chase"
According to Bloomberg, JPMorgan Chase & Co is considering offering cryptocurrency trading services to its institutional clients as the world's largest banks deepen their involvement in the cryptocurrency asset class. JPMorgan is evaluating what products and services its markets unit can offer to expand its presence in the cryptocurrency space, according to a person familiar with the matter. These products and services could include spot and derivatives trading, the person said.
JPMorgan economist Ayako Fujita said in a note that the Bank of Japan may continue to raise interest rates to ease concerns about the weakness of the yen. Bank of Japan Governor Kazuo Ueda said at a press conference on Friday that some committee members have expressed concerns about the impact of the weaker yen on future inflation. Many reporters have questioned whether the continued depreciation of the yen is because the Bank of Japan has delayed policy adjustments. JPMorgan expects the Bank of...
Many economists and market participants expect the BoJ to raise interest rates at a rate of roughly every six months. JPMorgan economist Ayako Fujita falls into this camp, but notes that the exact timing will also depend on the government's macroeconomic stance. "Markets are likely to remain skeptical that the BoJ will be able to move forward with monetary policy normalisation without friction with the government. Ultimately, the pattern of yen depreciation supporting BoJ rate hikes is likely to...
Oracle Inc. (ORCL. N) 's aggressive artificial intelligence spending plans have put its bonds in the spotlight as Wall Street looks for cracks in the artificial intelligence boom. JPMorgan credit analyst Erica Spear expects the pressure on the company's bonds to continue over the next year. Last week, Oracle's share price fell the most in nearly 11 months, and its credit risk indicator also climbed to a 16-year high. The company's earnings report showed that closing...
JPMorgan Chase (JPM. N) CEO Dimon: Hassett is likely to cut interest rates.
JPMorgan analyst Bob Michele said the FOMC's decision was "not the worst-case scenario. There could have been more dissenting votes against not cutting rates".
Michel, head of global fixed income at JPMorgan Chase, said everyone expected a 25 basis point cut.
Analysts at JPMorgan Chase said that despite the apparent correction in Bitcoin over the past month, the current market has not entered a "crypto winter" and the overall bull market cycle is still not over. Analysts pointed out that bitcoin fell to $81,000 last month, and its monthly performance was 9% lower than the level at the beginning of the year, marking the first year-on-year decline since May 2023.
JPMorgan's Treasury client survey showed net longs falling to their lowest level in five weeks.
JPMorgan strategists said the recent stock market rally could stall after the Federal Reserve's expected rate cut as investors took profits. Positive signals from policymakers helped keep bets heating up, helping stocks rise. JPMorgan strategists remain bullish on the medium term, arguing that a dovish Fed will support stocks, while low oil prices, slower wage growth and easing US tariff pressure will allow the Fed to ease monetary policy without stoking inflation. (Jin Ten)
