Because of one person, the US dollar plummeted and US bonds soared, has the 'Trump trade' reversed?
Analysis believes that the market should remain cautious and not overinterpret the nomination of the Treasury Secretary, as the Treasury Secretary "is not the person designing the details of trade tariff implementation strategy". Under the leadership of the Trump administration, the President is the one ultimately driving policy.
In the past 24 hours, three major events are igniting the global market!
In the past 24 hours, investors in various fields including the stock market, bond market, foreign exchange market, and csi commodity equity index market have identified key “themes” affecting their respective markets. And behind all these market trends, it can actually be attributed to three major events.
Trump announced a 25% tariff on commodities from Mexico and Canada.
Trump also announced a 10% tariff on all commodities imported from china.
Express News | Trump announced that an additional 10% tariff will be imposed on commodities from china.
s&p 500 is expected to hit 7000 points! Optimistic sentiment spreads on Wall Street, with two major banks once again bullish.
① On Monday, deutsche bank set the target level for the s&p 500 index at 7000 points by the end of 2025, predicting that strong corporate earnings growth in the usa will continue into next year; ② Barclays raised the target price for the s&p 500 index for 2025 from 6500 points to 6600 points, citing the strong usa economy, gradually easing inflation, and the potential for strong profit growth from major technology companies.
Futu Daily Briefing | Trump's first batch of executive orders issued! "Canada and Mexico" face a 25% tariff; the s&p 500 hit a new high during trading! The two major Wall Street investment banks: it will reach 6600 points next year.
Federal Reserve's Kashkari: Cutting interest rates in December is a reasonable consideration; California plans to introduce electric car purchase subsidies, with Tesla being excluded; U.S. judge dismisses Trump's alleged interference in the 2020 election case.