S&P 500 INDEX (SPX) Live: Broader Markets Rise on Bullish Trade Optimism
Wall Street Opens Higher After Trump Says Trade Deal With U.K. Will Be Announced
Growth Is Defensive Again, Citi's Kaiser Says
Trump Says UK Trade Deal Is 'Full and Comprehensive'
Trump criticizes the Federal Reserve again for not lowering interest rates, but this time did not call for firing Powell.
① The Federal Reserve announces that it will maintain the target range for the federal funds rate between 4.25% and 4.50%, marking the third consecutive decision to keep rates unchanged; ② Trump criticized Federal Reserve Chairman Powell on social media, stating that he is "too late" and "clueless," but added that he "still really likes him."
Jobless Claims Fall in Latest Week, With No Sign of Recession or Layoffs
As holiday factors diminish, the number of initial unemployment claims in the USA has returned to a low level.
After a short-term surge during the spring holiday and Easter at the end of April, the number of initial unemployment claims in the USA showed a declining trend last week.
Q1 US Nonfarm Productivity Falls as Expected, Unit Labor Costs Jump
U.S. Productivity, Secret Sauce of Economy, Falls for First Time in Almost Three Years
Trump's reaction to the Fed: Powell is a fool
U.S. Stock Market Outlook | All three Equity Index futures are up, Trump will announce a trade agreement with the United Kingdom.
On May 8th (Thursday) during Pre-Market Trading, all three major Equity Index futures in the US rose.
US Morning News Call | Trump to Announce U.S.-UK Trade Framework
BOE Cuts Interest Rates as Trump Strikes Trade Deal With U.K.
Powell's stance of "not rushing to cut interest rates" has triggered a rise in U.S. Treasury yields as the market reassesses the Federal Reserve's policy path.
After Federal Reserve Chairman Powell stated that there would be no hasty reduction of borrowing costs, traders reduced their bets on Fed interest rate cuts, leading to an increase in US Treasury yields on Thursday.
China Galaxy Securities: The Federal Reserve kept rates unchanged as expected in May, and a rate cut may require a longer wait.
Due to the lack of economic outlook and dot plot in the May meeting, the information provided is limited, and the Federal Reserve is still inclined to a "data-dependent" approach in the short term, which also means that a rate cut is unlikely to occur in the first half of the year.
Daxin Bank: Maintains a neutral rating on US stocks and expects the Federal Reserve to cut interest rates as early as July or September.
The Federal Reserve remains inactive once again.
PIMCO issues a recession warning for the USA again: the risks have reached the highest level in years!
① PIMCO executives warn that the risk of recession in the USA has risen to its highest point in years, noting that investors may underestimate Trump's determination to reinstate high tariffs; ② the executive indicated that the USA will not quickly lose its status as a reserve currency, but meaningful progress on the deficit issue is hard to see; ③ PIMCO is currently focusing on shorter-term USA Treasury Bonds and believes that sovereign bonds in Other regions are more attractive.
Express News | British officials confirm that U.S. President Trump is expected to announce a trade deal between the United States and Britain on Thursday.
Fed Won't Commit on Rate-Cut Path Before Tariff-Pause Ends -- Market Talk
Sibori Investment Management: The Federal Reserve will not cut interest rates until September or later. Bullish on the prospects of high-quality Bonds.
The bank believes that the next possible time window for the Federal Reserve to cut interest rates will be in September, or even later. The Federal Reserve itself expects to cut rates only twice this year, while the market anticipates three cuts.