Express News | The Legislative Council of the Hong Kong Special Administrative Region has passed the "2024 Stamp Duty Bill (Miscellaneous Amendments)".
China has taken the lead! Wall Street strategists: the next "Trump trade" may be outside of the USA.
①When looking to the future, Jay Pelosky, the founder and global strategist of the New York investment consulting firm TPW Advisory, has insights that differ from many mainstream market views; ②He believes that Trump's victory might ultimately serve as an important catalyst - driving the usa market to end its long-standing excellent performance.
Trump and Harris Plans Could Stoke Inflation. That Means a More Hawkish Fed
U.S. stock market closing review: U.S. stocks fell, Dow Jones plummeted by 400 points. tesla's profits exceeded expectations, and surged significantly after hours.
On Wednesday (October 23), the US stock market plunged significantly due to the rise in US Treasury yields, with market sentiment under pressure. The Dow Jones Industrial Average index plummeted nearly 400 points, marking the largest single-day drop in over a month.
Viewpoint | Trade strategy for the "turning point" of the economic cycles between China and the United States
The seemingly independent performances of Chinese and American assets are intricately linked, reflecting the intertwined "interactions" of the macro cycle: the Federal Reserve's unconventional easing has provided room for China's policy relaxation, as China's financial policies bolstered a rapid market sentiment recovery; however, the substantial rate cut also benefits the US economic recovery, combined with fully priced-in expectations leading US bond yields to rise after hitting rock bottom, potentially constraining further easing space, evident in recent trends of US bond yields, the US dollar, and the Chinese currency.
Continuous bullish signals! China's assets are exploding across the board.
Under a series of heavy-weight policies, market confidence has been significantly boosted, and china's assets are surging wildly.