• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 18, BlackRocks Vivek Paul said in a report that investors may pay more attention to the UKs long-term government bond yields before the UKs autumn budget is announced on November 26. Concerns about the expansion of government borrowing are putting upward pressure on sovereign bond yields in most developed markets. The Bank of England has announced that it will reduce the scale of quantitative tightening to 70 billion pounds in the next year starting in October, which is lower than the level of 100 billion pounds in the past 12 months, which means that the pace of quantitative tightening will slow down. The Bank of England also pointed out that the proportion of long-term government bonds in future government bond sales will be lower than that of medium- and short-term government bonds. Paul said: "Policymakers hope that these measures will help ease the upward pressure on long-term government bond yields that is unique to the UK."Governor of the Republic of Bashkortostan, Russia: The Salavat refinery continues to operate normally.On September 18th, the Federal Reserve announced its first interest rate cut in 2025 and hinted at further rate cuts in the future. Risk appetite permeated Wall Street, and U.S. stocks rose sharply. Thursdays rise in U.S. stocks marked a reversal of traders initial reaction to the Feds decision in the previous trading day, when Wall Street took profits on over-performing technology stocks. Robert Schein, chief investment officer of wealth management firm Blanke Schein, said: "The Fed is cutting interest rates at a time when the stock market is at a record high and the economy is still growing. This is a very unique context, as Fed rate cuts are usually related to economic problems. This dynamic is beneficial to the stock market."The U.S. Conference Board Leading Index monthly rate for August will be released in ten minutes.A U.S. judge ruled against Venezuelas state-run oil company, saying its 2020 defaulted bond issuance was valid.

Crypto Market Daily Highlights – The NASDAQ Delivers Final-Hour Support

Alice Wang

Dec 27, 2022 11:58

微信截图_20221227114910.png


The top ten cryptocurrency index had a choppy Monday session. While DOGE defied the trend, XRP was in the lead. Notably, BTC missed $17,000 for the sixth session in a row.


Due to the lack of cryptocurrency events and the slow news flow during the holidays, investors were left in the dark. However, news from the US supported the NASDAQ mini and cryptocurrency markets in the dying minutes (UTC).


In contrast to the predicted 7.1% gain, US retail sales rose by 7.6% between November 1 and December 24, according to Mastercard (MA). Retail sales increased by 8.5% from the same time in 2021. Even though the statistics were lower than in 2021, they were still strong enough to support risky investments.


Interest will be generated by US economic figures released today, including those on the housing industry and trade. However, the housing sector figures will probably have a bigger impact, barring a sharp increase in the US trade deficit.


Investors should also keep an eye on the headlines for any FOMC member chitchat and cryptocurrency-related developments that may shift the dial. The NASDAQ Index will probably provide guidance during the afternoon session following the holidays. The NASDAQ mini was up 82.25 points this morning.