News list for "Under pressure"
State Street said the main reason for the dollar's decline earlier this year was that US investors reduced their foreign exchange hedging of overseas investments, rather than that global investors increased their hedging of US portfolios. "The more pronounced activity comes from domestic investors adjusting their foreign hedging ratios," Chris Pizzotti, global head of foreign exchange sales and trading at State Street Markets, told the Federal Reserve Bank of New York's FX market structure confe...
Tesla (TSLA. O) reported lower-than-expected third-quarter profit despite record sales of its electric vehicles, a sign that the company is facing pressure from changing U.S. policies and rising costs. The company reported adjusted earnings of 50 cents a share in the third quarter. Analysts' average estimate was...
Gold futures edged up in relatively light trading, but are expected to end the week slightly lower on the uncertain outlook for Federal Reserve interest rate cuts and resilient US economic data. Analysts at MUFG said in a note that strong initial requests and retail sales data had kept the market cautious ahead of the next Fed meeting. Still, gold prices are up 27 per cent so far this year on geopolitical risks and concerns about dollar-denominated assets stemming from the dollar's slide. Analys...
Coinbase Quarter 1 revenue fell 12% quarter-on-quarter to $2.03 billion, trading revenue fell nearly 19%, and several analysts cut their second-quarter and full-year revenue forecasts. JPMorgan noted a "30% quarter-on-quarter decline in institutional volume" and a 3.1 basis point decline in institutional expense ratios from 4.1 basis points. However, Coinbase's acquisition of Deribit, the world's leading crypto derivatives exchange, for $2.90 billion was seen as a "bold bet in the derivatives sp...
Trump 2.0 slightly milder caused the dollar to come under pressure, and gold benefited. The market's heart stone is temporarily put down, and gold may climb to another historical peak? > >
On November 15, Powell's hawkish speech put pressure on U.S. stocks. U.S. stocks closed on Thursday, with the Dow initially closing down 0.47%, the S & P 500 index falling 0.6% and the Nasdaq index falling 0.64%. Trump Media Technology Group (DJT. O) fell 6.7%, Tesla (TSLA. O) fell 5.7%. Nasdaq China Golden Dragon fell 1.8%, NetEase (NTES. O) rose more than 10%, Bilibili (BILI. O) fell 12% and JD.com (JD. O) fell more than 6%.
From the perspective of previous interest rate cut cycles, the short-term pressure on the US dollar after interest rate cuts, and the medium- and long-term trend is affected by factors such as the relative strength of the US economy and global risk aversion, making it difficult to predict. The RMB exchange rate is relatively independent, and gold has a higher winning rate.
Overnight crude oil inventories fell sharply, but oil prices are still under pressure and fell sharply. This expectation is the main factor contributing to the pressure on oil prices. Analysts believe that the average price of oil in the second half of the year may be...
On August 5th, Wang Zhe, a senior economist at Caixin Intelligence Tank, said that in July, the prosperity of the service industry improved, the manufacturing industry was relatively under pressure, and the price level was still relatively low, especially the sales price was at a low level, the profit space of enterprises was further squeezed, and the market optimism was slightly restored, but still at a low level. Insufficient domestic effective demand and weak market optimism expectations are ...
Gold is in turmoil, what positions are you focusing on today? The US dollar index rebounds, and gold is under pressure at an important juncture. Do bulls still have a chance? Click to view detailed analysis > > >
