ColumnsApril Nonfarm Payrolls Preview: Latest Employment Data Unlikely to Change Fed's More Hawkish Stance
April's nonfarm payrolls report will be released at 8:30 ET this Friday. After a solid job report in March, the April figures are likely to suggest once more that the labor market is still tight.
The consensus estimate polled by Bloomberg shows that nonfarm payroll is expected to increase by 250K, down from 303K in March. The unemployment rate is expected to remain at 3.8%.
Recruitment was probably...
The consensus estimate polled by Bloomberg shows that nonfarm payroll is expected to increase by 250K, down from 303K in March. The unemployment rate is expected to remain at 3.8%.
Recruitment was probably...
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Economists expect the Federal Reserve's preferred measure of inflation will follow its counterpart inflation measures and remain stubborn in March.
The cost of living measured by the Bureau of Economic Analysis's Personal Consumption Expenditures (PCE) index is expected to increase by 2.6% over the 12 months ending in March, according to a survey of Bloomberg. That would be an acce...
The cost of living measured by the Bureau of Economic Analysis's Personal Consumption Expenditures (PCE) index is expected to increase by 2.6% over the 12 months ending in March, according to a survey of Bloomberg. That would be an acce...
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ColumnsHow Could Investors Utilize Contrarian Strategies to Adjust Portfolios During Market Downturns?
Heightened geopolitical concerns and deflated hopes for lower interest rates kept major US stock indices under pressure. Last week, the Nasdaq fell 6.1%, the S&P 500 index fell by 3.2% and the VIX index rose by 9.1%. Among sectors, the Technology sector declined by 7.2%, the Utility industry rose by 1.56%. In volatile markets, diversification and the use of multiple instruments are crucial.
■ Seasonal ...
■ Seasonal ...
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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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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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ColumnsBank Earnings Preview: What Does the Expansion of the Balance Sheet Mean for Large-Cap Banks?
Major banks, including JP Morgan, Citigroup, and Wells Fargo, will release their quarterly reports this week. The Federal Reserve's H.8 table shows that in the first quarter of 2024, the balance sheet of the U.S. banking industry accelerated its expansion, likely contribute to an increase in bank profits, especially in a high interest rate environment.
■ How is the growth of deposits?
The Fed's stats sho...
■ How is the growth of deposits?
The Fed's stats sho...
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The US March CPI data will be released by the Bureau of Labor Statistics at 8:30 ET on April 10th. As Fed Chair Jerome Powell highlighted in his April 3 speech, the disinflation process is bumpy. March CPI report is likely to illustrate that point.
U.S. CPI is expected to rise from 3.2% to 3.4% in March, while core CPI falls to 3.7% from 3.8%. CPI energy continued to rise year-on-year, and Brent crude oil futures prices re...
U.S. CPI is expected to rise from 3.2% to 3.4% in March, while core CPI falls to 3.7% from 3.8%. CPI energy continued to rise year-on-year, and Brent crude oil futures prices re...
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As this round of interest rate hikes comes to an end, the United States has reached a crossroads again. Should it fall into the great stagflation similar to those after 1973, or continue the information revolution as it did after 1995, with its opponents falling into recession one by one? Crude oil has once again become an important influencing factor. By comparing historical experiences, it can be found that the risk of ...
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The Bureau of Economic Analysis will release the Personal Consumption Expenditure stats and the price index at 8:30 ET on Friday.The PCE deflator is expected to rise slightly from 2.4% to 2.5%, and the core PCE price index is expected to remain at 2.8%.
The CPI released earlier this month showed that energy prices increased by 2.3% month-on-month in February, which is an important factor in t...
The CPI released earlier this month showed that energy prices increased by 2.3% month-on-month in February, which is an important factor in t...
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ColumnsEmbracing the Dawn of AI and Humanoid Robotics: How to Capitalize on the Industry's Breakout Year
The development of AI is expected to bring revolutionary changes to the humanoid robot industry. End-to-end AI is completely different from prior rule-based control, meaning the software system itself can execute the task from original commands and scenarios to final outputs under AI self-generated rules instead of software engineers' pre-programmed rules.
In February, $Microsoft(MSFT.US$ , OpenAI, ...
In February, $Microsoft(MSFT.US$ , OpenAI, ...
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