The Fed's policy committee is likely to make two decisive dovish moves simultaneously on Wednesday: implementing a 25 basis point rate cut and signalling further easing, while announcing the end of the balance sheet reduction plan (a move that could put downward pressure on Treasury yields). Derek Tang, analyst at LHMeyer, a Fed watcher, pointed out that the dual action of interest rate cuts (superimposed on expectations of further easing) and early cessation of balance sheet reduction will prov...
The Fed's policy committee is likely to take two decisive dovish steps simultaneously on Wednesday: a 25 basis point rate cut and signal further easing, while announcing the end of the balance sheet reduction program (a move that could put downward pressure on Treasury yields). Derek Tang, analyst at LHMeyer, a Fed watcher, said: "The combination of interest rate cuts (superimposed on expectations of further easing) and an early halt to balance sheet reduction will provide significant support to...
Polysilicon production capacity regulation policy is expected to heat up, boosting market sentiment, but after-hours storage platform rumors have been falsified, what mysteries are hidden in the polysilicon market?
Coking coal night trading rose sharply, "anti-volume" once again boosted market sentiment, supply side disturbances continue, coking coal market outlook trend?
Placeholder partner Chris Burniske posted on social media that a small correction should not be mistaken for the end of the market, and the overall risk/reward structure remains sound.
Alibaba (BABA. N) expanded its premarket gain to 2.5%.
Alibaba (BABA. N) expanded its premarket gain to 5.3%.
Powell said the Federal Reserve is not in a hurry to cut interest rates, which reignited market demand for the dollar. The US index currently maintains a high range of fluctuations, and CPI data may help it achieve a breakthrough.
Hong Kong semiconductor and chip stocks rose sharply in early trading, Horizon Robotics (09660.HK), SMIC International (00981.HK) rose more than 5%, Crystal Gate Semiconductor (02878.HK) rose nearly 4%, Shanghai Fudan (01385.HK) rose nearly 3%, Huahong Semiconductor (01347.HK) rose nearly 2%.
Short-term holders of bitcoin exited the market at a loss on Monday as the price fell, while derivatives traders also cut their losses, causing the Chicago Mercantile Exchange's unpositioned squaring futures contracts to drop significantly. According to Glassnode's definition, a short-term holder is an address that has held bitcoin for less than 155 days. The data shows that these addresses transferred more than 21,000 BTC (about $2.20 billion) to the trading platform during the 4.7% drop in bit...