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ColumnsWall Street's Mixed Earnings: Fall in Interest Income Offsets Recovery in Investment Banking Revenue
As Bank of America released its first quarter report, major banks have completed their first quarter earnings disclosure. Wall Street financial giants had mixed performances.
Bank of America's earnings took a hit in the first quarter as it faced a softer consumer banking sector and increased loan charge-offs, particularly in the credit card segment. The banking giant reported a profit of $6.7 bill...
Bank of America's earnings took a hit in the first quarter as it faced a softer consumer banking sector and increased loan charge-offs, particularly in the credit card segment. The banking giant reported a profit of $6.7 bill...
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Following speeches by Fed Chairman Powell and European Central Bank President Christine Lagarde yesterday, the $USD(USDindex.FX$ recorded its strongest five-day rally since October 2022, climbing for the fifth consecutive day with an approximate 2% gain. The ongoing divergence in global monetary policies continues to leave its mark on the currency markets.
Fed Signals Longer Tightening of Monetary Policy
On Wednesday...
Fed Signals Longer Tightening of Monetary Policy
On Wednesday...
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The escalating risk of geopolitical conflict in the Middle East has once again hit the market on Monday. US Treasury yields saw a sharp rise with the benchmark $U.S. 10-Year Treasury Notes Yield(US10Y.BD$ touching its highest level in five months. Risk assets plummeted with the $Nasdaq Composite Index(.IXIC.US$ falling sharply by 1.8%, marking its largest decline in two months. The $S&P 500 Index(.SPX.US$ fell 2.64...
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Gold prices have risen more than 15.6% this year. For investors who missed gold, silver is likely an alternative investment with the potential to catch up for the gains.
Although gold is considered a better safe-haven asset, silver offers several compelling reasons for consideration. The silver market is smaller and more volatile than gold, which means it has the potential for higher percentage gains.
Moreov...
Although gold is considered a better safe-haven asset, silver offers several compelling reasons for consideration. The silver market is smaller and more volatile than gold, which means it has the potential for higher percentage gains.
Moreov...
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ColumnsOptions Market Statistics: TSM Stock Falls, Options Pop Despite the Strong Results and Guidance
News Highlights
$Taiwan Semiconductor(TSM.US$ shares fell by 4.86%, closing at $132.27. Its options trading volume was 0.48 million. Call contracts account for 68% of the total trading volume. The most traded calls are contracts of $145 strike price that expire on Apr. 19th. The total volume reaches 8,923 with an open interest of 14,256. The most traded puts are contracts of a $137 strike price that e...
$Taiwan Semiconductor(TSM.US$ shares fell by 4.86%, closing at $132.27. Its options trading volume was 0.48 million. Call contracts account for 68% of the total trading volume. The most traded calls are contracts of $145 strike price that expire on Apr. 19th. The total volume reaches 8,923 with an open interest of 14,256. The most traded puts are contracts of a $137 strike price that e...
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In recent months, strong U.S. employment and inflation data have delayed expectations of a rate cut by the Federal Reserve, pushing U.S. bond prices down and interest rates continuing to soar. As of the last trading day, the 20-year Treasury bond yield reached 4.792%, and the 30-year Treasury bond yield reached 4.668%.
The Treasury Department's latest bond buyback plan has sparked discussion about whether it could bolste...
The Treasury Department's latest bond buyback plan has sparked discussion about whether it could bolste...
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The March CPI in the US exceeded expectations, driven by persistent increases in gasoline and rental costs, signifying the third consecutive month of stubbornly high inflation. This suggests that the inflation resurgence observed in January and February cannot be solely ascribed to early-year price adjustments by firms.
According to the CME Group's FedWatch tool, traders are pricing in a 72.72% chance of an interest rate cut in...
According to the CME Group's FedWatch tool, traders are pricing in a 72.72% chance of an interest rate cut in...
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As tensions in the Middle East escalate, major Wall Street institutions have revised their gold price targets upward. Goldman Sachs is bullish with a target of $2,700, while Bank of America's expectation stands at $3,000. UBS is projecting an even more ambitious figure, calling for a remarkable $4,000 per ounce—a potential doubling of current prices.
$Gold Futures(JUN4)(GCmain.US$ have consistently been hitting new record high...
$Gold Futures(JUN4)(GCmain.US$ have consistently been hitting new record high...
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