SPDR Gold ETF Newsroom

CEO of JPMorgan: The possibility of a recession in the USA still exists, and the trade war will have lingering effects.

① Dimon pointed out that the possibility of a recession in the USA still exists, and tariff shocks continue to disrupt the Global economy; ② Dimon believes that tariff turmoil could lead to a loss of some investments to the USA, "there will definitely be some consequences. We have annoyed many people."

cls.cn51minutes ago

Powell predicts the direction of adjustments to the MMF framework and warns that future inflation volatility may remain high.

① The Federal Reserve is conducting a once-every-five-years review of its MMF policy framework, with results expected to be released by the end of summer; ② In the review five years ago, officials were more focused on addressing low inflation and employment gaps, resulting in a policy framework that does not align with the current economic conditions; ③ Powell emphasized that the 2% inflation target will not change.

cls.cnMay 15 10:02 ET

Fed's Powell Cautions About Higher Long-term Rates as 'Supply Shocks' Provide Policy Challenges

CNBCMay 15 08:55 ET

Federal Reserve Chairman Powell: It is appropriate to reconsider the average inflation target, and long-term interest rates may rise.

More news is being continuously updated.

wallstreetcnMay 15 08:42 ET

Gold fell below $3,150, oil prices dropped over 3%, and the US dollar fell 0.7% against the Japanese yen.

European stocks slightly declined, India’s stock market continued to rise, US oil and Brent crude oil both dropped over 3%, spot Gold fell about 1%, the USD decreased by about 0.3%, and the USD against the Japanese yen fell about 0.7%.

wallstreetcnMay 15 04:00 ET

Dollar Falls on Renewed Speculation Trump Wants to Engineer Weaker Currency -- Market Talk

WSJMay 15 02:54 ET

The Fed Wants to Hit Its Inflation Target. Why It Might Not Get To. -- Barrons.com

Barron'sMay 15 02:00 ET

Federal Reserve's Rate Cut Might Not Come Until December -- Market Talk

WSJMay 15 01:32 ET

Peter Schiff Warns Qatar's $200 Billion Boeing Deal Could Spike US Inflation, Interest Rates — Says Treasury Sell-Off May Follow

BenzingaMay 15 00:09 ET

Is the situation set? The US dollar is headed for long-term depreciation!

Deutsche Bank stated that current extreme valuations and positions make the dollar particularly susceptible to shocks. Data shows that the dollar has been overvalued relative to purchasing power parity (PPP) by more than 20% for three consecutive years, which is unprecedented in history. The valuation of USA Stocks has also reached historical highs compared to other Global markets, with a PE premium of up to 60% a few months ago.

wallstreetcnMay 14 23:39 ET

Is it an eagle or a dove? Federal Reserve's Goolsbee: I am a "dog".

① With the unclear inflation outlook under the trade war, many Federal Reserve officials are currently waiting for more data before making any decisions on interest rate cuts; ② Chicago Fed President Goolsbee described himself on Wednesday as a "data dog," stating that he just wants to better assess the economic situation.

cls.cnMay 14 22:56 ET

Making Trump happy! Can the wealthy sheikhs of the Middle East really come up with "trillions" so easily?

There is a significant gap between the economic and fiscal capabilities of the Gulf countries and these huge numbers they have committed to; Saudi Arabia's GDP is just slightly above one trillion dollars, and Qatar's GDP is only a little over two hundred billion dollars, while fluctuations in oil prices may further threaten the realization of these commitments.

wallstreetcnMay 14 21:33 ET

The President of the San Francisco Federal Reserve, Daly, strongly supports Powell's hawkish view: The Federal Reserve is in no hurry to cut interest rates.

Mary Daly, the President of the Federal Reserve Bank of San Francisco, stated that the strength of the USA economy allows policymakers to patiently wait for more evidence to understand how the Trump administration's policies will affect businesses and households.

Zhitong FinanceMay 14 20:58 ET

As the clouds of tariffs gradually disperse, Wall Street giants collectively boost the Crediting market.

After significant progress in the China-U.S. trade negotiations, Wall Street Analysts, including Goldman Sachs, are revising their full-year forecasts and becoming more optimistic about the market outlook.

Zhitong FinanceMay 14 20:22 ET

Consumer Cos Up as Recession Fears Fade - Consumer Roundup

Dow JonesMay 14 17:07 ET

Trump: Treasury Secretary Besant understands the market, and once he appears on Television, everything rises.

Former USA President Trump has commented on the market again. He recently stated that USA Treasury Secretary Besent understands the market. As soon as Besent appears on Television, everything tends to rise. The USA stock market saw a slight increase in the short term, maintaining its upward trend for the day. The USD/CHF pair rose by 0.5% during the day, reported at 0.843. Besent's speech that day discussed trade negotiations. Furthermore, media reports on Wednesday cited informed sources stating that the USA would not seek a devaluation of the dollar in the trade agreement, with Besent being the only member responsible for handling these issues. It is also worth noting that Trump's comments on the USA stock market on Tuesday and Wednesday did not trigger the previous upward effect on the stock market when it was at a low point. On Wednesday, the S&P 500 Index barely rose.

wallstreetcnMay 14 16:52 ET

Dollar Slips; Nasdaq Edges Up -- WSJ

WSJMay 14 16:21 ET

Report: The USA will not seek a depreciation of the dollar in the trade agreement, and the dollar is expected to rise overall today.

Media reports citing informed sources indicate that the USA will not seek a devaluation of the USD in trade agreements. Secretary of the Treasury Basant is the only member responsible for dealing with these issues, with no one else assigned for MMF policy consultations, and negotiations can only take place in Basant's presence. The USD surged about 20 points in the short term, rising above 101, with an overall increase during the day.

wallstreetcnMay 14 16:19 ET

April US Industrial Production Expected to Rebound, Manufacturing to Decline

MT NewswiresMay 14 14:21 ET

Federal Reserve Watch for May 14: Jefferson Says Monetary Policy Well Positioned to Deal With Potential Tariff Impacts

MT NewswiresMay 14 14:21 ET