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14:56

U.S. stocks opened lower, with Home Depot's earnings report and the Jackson Hole meeting in focus.

According to ChainCatcher news, Jin10 reported that the U.S. stock market opened lower on Tuesday, as Home Depot's earnings report kicked off a series of key retail company performances, with investors also following this week's central bank annual meeting to assess the interest rate path. The S&P 500 index opened down 0.1%, the Nasdaq 100 index fell 0.5%, and the Dow Jones Industrial Average rose 0.2%. Stephen Schwartz, founding partner of Vanguard Financial, stated that Powell's speech on Friday could become a turning point for the market, with expectations of signals indicating a possible rate cut in September.
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14:55

Institution: The Central Bank may cut interest rates next month due to mild inflation.

Jin10 data, August 19th: Desjardins Group of Canada maintains its forecast for a rate cut by the Central Bank of Canada next month, citing relatively moderate inflation data for July. Overall inflation slowed to 1.7% in July, down from 1.9% the previous month. The inflation rate excluding indirect taxes also decreased from 2.5% to 2.2%. With the Canadian government deciding in March to eliminate the consumer carbon tax, the Central Bank of Canada is closely monitoring this tax-excluded indicator. However, core inflation excluding volatile items such as food and energy remains high, with the core inflation metric preferred by the Central Bank still above 3%. Economist Royce Mendes stated that the data suggests price increases related to tariffs may occur in March and April, potentially earlier than the expectations of the Central Bank of Canada. "Recent price data shows that price growth is normalizing."
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09:11

Analyst: If core inflation falls, the Canadian dollar may weaken.

Jin10 data reported on August 19, FP Markets analyst Aaron Hill stated in a report that if the data released later today indicates an unexpected decline in Canada’s core inflation for July, the Canadian dollar may weaken. He pointed out: "If the core inflation indicator falls below 3.0%, it may prompt investors to increase their bets on interest rate cuts, thereby putting pressure on the Canadian dollar." LSEG data shows that the market currently expects a 31% chance of the Central Bank of Canada cutting rates by 25 basis points at the September meeting, with a 69% chance of maintaining the interest rate.
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00:59

UTK (xMoney) rose 14.96% in the last 24 hours.

Gate News Bot news, on August 19, according to CoinMarketCap data, UTK (xMoney) is currently reported at $0.04, rising 14.96% in the last 24 hours, with a high of $0.04 and a low of $0.03. The current market capitalization is approximately $24.7 million, an increase of $3.22 million compared to yesterday. xMoney is a financial ecosystem that empowers businesses in the digital economy. The platform provides integrated services such as global payment acceptance, financial management, transaction splitting, and card issuance. xMoney is a major member of Visa and MasterCard, holds an electronic money institution license, is regulated by the Romanian Central Bank, and complies with MiCA regulations. xMoney's services include payment processing, subscription management, marketplace platform solutions, card issuance, and more, dedicated to providing security for businesses.
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UTK-2.39%
14:49

U.S. stocks opened steady, with the market following the Central Bank annual meeting and the wave of retail earnings reports.

According to ChainCatcher news and Jin10 reports, the US stock market remained stable overall after opening on Monday. The market is following the White House's meeting regarding the Russia-Ukraine conflict, while traders prepare for upcoming retail earnings reports and the Jackson Hole annual meeting this week. The three major US stock indices opened with slight fluctuations between rises and falls. Corpay Chief Market Strategist Karl Schamotta stated that the market is confident that the Fed will cut interest rates in September, but the data released over the past two weeks has not provided solid evidence for easing.
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12:08

Emerging markets edged higher as investors focused on the Trump-Zelensky talks.

On August 18, Jin10 data reported that emerging market assets rose slightly ahead of talks between Trump and Zelensky, with investors focusing on whether there will be signs of progress in the Russia-Ukraine peace protocol. The MSCI Emerging Markets Stock Index briefly rose by 0.6%. Investors remain cautious ahead of the Jackson Hole annual meeting later this week, as Powell’s speech may hint at the possibility of interest rate cuts in September. "The strong performance of risk assets has been remarkable, and valuations are increasingly stretched," wrote a team led by Deutsche Bank analyst Jim Reid in a report. The team led by Mark Haefele, Chief Investment Officer of UBS Global Wealth Management, stated in their report that given the huge gap in negotiating positions and the lack of decisive progress on the battlefield, "we expect the Russia-Ukraine conflict to continue into next year. Any negotiation process will be prolonged due to a lack of trust and the significant gap in objectives, and any protocol may be subject to skepticism."
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TRUMP-5.23%
00:17

An additional 21.4 trillion yuan flows into A-shares? Multiple brokerages interpret this.

Central Bank data shows that non-bank deposits increased by 2.14 trillion yuan in July, setting a new historical record, and the market has reacted enthusiastically to this. Analysts point out that the new deposits may flow into the stock market, leading to a rise in margin deposits at securities companies. However, some brokerages remind investors to treat market sentiment rationally and note that investors mainly enter the equity market through indirect means such as fixed income + funds.
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12:32

The Danish Prime Minister stated that Netanyahu himself has become a "problem" and plans to push the EU to exert pressure on Israel.

On August 16, Jin10 reported that Danish Prime Minister Frederiksen, who holds the rotating presidency of the EU, sharply criticized Israeli Prime Minister Netanyahu, stating that he has become a "problem" himself, and indicated that Denmark would push the EU to exert greater pressure on Israel. Frederiksen said, "We want to increase the pressure on Israel, but this position has not yet received widespread support from other EU member states." She mentioned that the pressure measures being considered by the Danish government include sanctions against the Israeli government, officials, and Jewish settlers in the West Bank. Since late July, France, the UK, Canada, and Australia have announced plans to recognize the State of Palestine at or before the 80th United Nations General Assembly scheduled for September, further isolating Israel internationally.
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16:02

美联储将停止加密货币和科技金融银行监督计划

Gate News bot 消息,根据路透社报道,美国美联储已决定结束其专门针对监测银行的加密货币和金融科技活动的项目。中央银行的举措解散了最近几年成立的约20名员工的团队,以审查如何
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IN-10.14%
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10:11

Central Bank: Continuously optimize the credit structure, promote the adaptation of credit supply to economic structure adjustments and dynamic economic balance.

Jin10 Data, August 15 - Central Bank: In the next stage, the financial system will continue to adhere to the fundamental purpose of serving the real economy, focusing on major national economic strategies, key areas, and weak links, supporting the main lines around technological innovation and expanding consumption, continuously optimizing the credit structure, promoting the adaptation of credit supply to economic structural adjustments and dynamic balance, further meeting the effective financing needs of the real economy, and providing stronger and more efficient support for high-quality economic development.
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04:50

Wang Qing: The Central Bank may implement further reserve requirement ratio cuts and interest rate reductions around the beginning of the fourth quarter.

Jin10 data reported on August 15, Chief Macro Analyst Wang Qing from Dongfang Jincheng stated that in August, the Central Bank will continue to inject medium-term Liquidity through MLF and reverse repos. He also expects that the Central Bank may implement further reserve requirement ratio and interest rate cuts around the beginning of the fourth quarter.
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01:58

The Houthi armed forces condemn Israel's atrocities in Gaza and the West Bank.

Jin10 data reported on August 15, local time on August 14, that Abdul-Malik al-Houthi, the leader of the Houthi armed group in Yemen, delivered a televised speech, severely condemning the atrocities committed by Israel against Palestinians in Gaza and the West Bank, and stated that military actions against Israel would continue in support of Palestine. Abdul-Malik al-Houthi claimed that Israel was deliberately creating famine and malnutrition in the Gaza Strip, and was committing genocide against the people of Gaza by any means necessary. In the past week, Israel has caused approximately 3,500 casualties in Gaza, including many who came for aid supplies. He also condemned Israel's plans to occupy Gaza and its ambitions to annex the West Bank.
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01:41

The UN Secretary-General calls for Israel to immediately stop advancing the "E1 area" settlement plan.

Jin10 Data reported on August 15 that UN Secretary-General António Guterres' spokesperson Stéphane Dujarric issued a media statement on the 14th, stating that Guterres calls on the Israeli government to immediately stop plans to advance the construction of settlements in the "E1 area" of the West Bank. The statement said that the UN's position is very clear: the settlements established and maintained by Israel in the West Bank, including East Jerusalem, violate international law. The settlements further entrench the occupation, exacerbate tensions, and systematically undermine the viability of a Palestinian state as part of a "two-state solution."
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02:22

Foreign capital inflow helps Indonesia's stock index hit a historic high.

The Indonesian Benchmark stock index is expected to reach a historic high, with foreign investment returning to the market, and net purchases in July reaching $283 million. The Central Bank's interest rate cuts and better-than-expected economic growth have boosted market confidence, while falling bond yields have prompted more domestic investors to turn to high-yield assets such as stocks.
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01:09

Zhaoshang Macro: The disclosure of financial data in this period further strengthens the bullish outlook on the bond market.

Jin10 data reported on August 14th that the macro research report from China Merchants states that recently, the equity market has created emotional suppression on the bond market, making stock trading a major factor affecting interest rate trends. However, due to the different pricing foundations of the two asset classes, the stock-bond seesaw is merely a phenomenon and not a rule, which will make it difficult for stock trading to sustain bond trading. From the underlying logic, the supply and demand of money remains the fundamental influence on the price of money (i.e., interest rate). Looking ahead, as the financing demand from the real sector weakens and the Central Bank continues to maintain ample liquidity, there is a lack of a sustained upward basis for interest rates, and the 1.7% yield on ten-year bonds still represents a window period for getting on board. The disclosure of financial data during this period has further strengthened our judgment of being bullish on the bond market; what is needed now may just be confidence and time.
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00:57

Gate Daily (August 14): Bitcoin reaches a historic high of $124,000; altcoin Google searches hit a five-year high; Standard Chartered raises Ethereum target price to $7,500.

Bitcoin (BTC) has set a new historical high, reaching a maximum of $124,474 on August 14. At the same time, altcoins are rising, and Bitcoin Dominance has fallen to a range of 59-61%. Google searches for altcoins have reached their highest level in five years. Google has stated that the new rules for the Google Play Store will not restrict the listing of unregistered hosted wallets. Standard Chartered Bank has raised its 2025 price forecast for Ethereum (ETH) from the previous $4,000 to $7,500.
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ETH-5.76%
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21:34

Japan may barely maintain a rise in the second quarter, avoiding a technical recession under the impact of tariffs.

Jin10 data reported on August 14th that despite facing the impact of US tariffs, Japan's economy is still expected to achieve moderate growth in the second quarter driven by domestic demand from capital expenditures, thus avoiding a technical recession. The median estimate from economists indicates that Japan's second quarter GDP may rise at an annualized rate of 0.4%, reversing the contraction seen in the previous quarter. Among 32 analysts surveyed, there is significant divergence in forecasts: 4 expect the economy to continue contracting, while 5 believe the growth rate will reach 1% or higher. The Japanese Cabinet Office will release preliminary data on Friday. This data may prompt the Central Bank of Japan to maintain its policy path for another rate hike this year—as long as authorities are confident that they can withstand the ongoing pressure of US trade policies on global business with resilient domestic demand.
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18:07

The Bank of Canada considered cutting interest rates in July but preferred to wait for more data.

Jin10 data on August 14: The Bank of Canada discussed a 25 basis point rate cut at its July meeting, but the ongoing trade disputes with the United States, the resilience of the Canadian economy, and the rising Inflation risks ultimately led the Bank of Canada to keep the policy interest rate at 2.75% for the third consecutive meeting. The minutes of the Bank of Canada meeting stated, "It is still too early to assess how tariffs and trade restructuring will affect Canada's economic activity and Inflation. The committee members unanimously agreed that if the economy continues to weaken and core inflation pressures diminish, they need to wait for clearer information before drawing a definitive conclusion about whether there is more room for easing."
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09:06

Central Bank: The cross-border RMB settlement amount under the current account in July was 1.57 trillion yuan.

According to Jin10 data on August 13, the Central Bank's data shows that in July, the cross-border Renminbi settlement amount under the current account was 1.57 trillion yuan, of which the amounts for goods trade, services trade, and other current accounts were 1.15 trillion yuan and 0.42 trillion yuan respectively; the cross-border Renminbi settlement amount for direct investment was 0.64 trillion yuan, with foreign direct investment and domestic direct investment amounting to 0.22 trillion yuan and 0.42 trillion yuan respectively.
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09:01

Central Bank: At the end of July, the balance of Broad Money (M2) rose by 8.8% year-on-year.

Jin10 data reported on August 13: Central Bank: At the end of July, the balance of Broad Money (M2) was 329.94 trillion yuan, with a year-on-year rise of 8.8%. The balance of Narrow Money (M1) was 111.06 trillion yuan, with a year-on-year rise of 5.6%. The balance of currency in circulation (M0) was 13.28 trillion yuan, with a year-on-year rise of 11.8%. In the first seven months, a net cash injection of 465.1 billion yuan.
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08:22
Golden Finance reports that the indirect Bitcoin exposure of Norway's Central Bank Investment Management (NBIM) has reached a historic high of 7161 Bitcoins. Whenever this largest sovereign wealth fund in the world discloses its Holdings, it indicates that Bitcoin is gradually entering various diversified investment portfolios.
BTC-3.17%
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06:08

The Korea-U.S. tariff negotiations are progressing positively, boosting confidence, with South Korean stocks and bonds receiving net purchases from foreign investors in July.

On the 12th, the Bank of Korea released data showing that due to positive prospects for the US-Korea tariff negotiations and good corporate performance, the net inflow of foreign investment in Korean securities and bonds reached $4.83 billion in July, marking three consecutive months of net inflows of foreign capital.
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06:05

Institution: The Reserve Bank of Australia may further cut interest rates.

Jin10 Data, August 12 – Betashares economist David Bassanese stated that the Reserve Bank of Australia seems likely to further lower interest rates. The inflation rate is close to the midpoint of the 2%-3% target range, and the official interest rate remains at a constraining level within the neutral zone. In fact, the Reserve Bank of Australia's prediction of manageable potential inflation is based on expectations of further rate cuts.
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03:09

The Reserve Bank of New Zealand plans to lay off about one-fifth of its staff in the next two months.

Jin10 data reported on August 11 that the Reserve Bank of New Zealand plans to cut about one-fifth of its staff in the next two months in response to the government’s decision to restrict its funding. A spokesperson stated on Monday that the bank intends to net cut 142 positions, which accounts for 21% of its approximately 660 employees. Affected personnel are expected to leave by October 13. In April of this year, the Reserve Bank of New Zealand indicated that it would review its spending and staffing levels after reaching a five-year funding agreement with the government that was below its original expectations. The then-Governor, Adrian Orr, believed that the revised funding was insufficient to effectively fulfill all responsibilities, which was seen as the reason for his unexpected resignation in early March.
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10:05

Economists: Expect UK GDP growth rate to decline to 0.2% in the second quarter.

Jin10 data reports on August 8, Investec economist Philip Shaw wrote in a report to clients that the UK economy may have slowed in the three months ending in June. UK GDP data will be released next week, and according to Investec's estimates, growth for the quarter may drop from a strong 0.7% growth in the first quarter of this year to 0.2%. This will to some extent validate the Bank of England's decision this week to lower interest rates by 25 basis points to 4.00%.
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05:37

Citi: The Reserve Bank of Australia is expected to have a mildly dovish stance next Tuesday.

Jin10 Data reported on August 8 that the Reserve Bank of Australia will announce its interest rate decision next Tuesday, with the market expecting it to lower the official cash rate by 25 basis points to 3.6%. Citigroup economist Faraz Syed stated that the overall tone of this announcement may be neutral, with a slight dovish inclination. He added that due to forecast revisions showing a slight rise in the unemployment rate in 2026 and a slight decline in the inflation rate, the tone of this announcement may be slightly more dovish compared to previous statements.
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05:29

Governor of the Central Bank of Ukraine: Supports the legalization of Crypto Assets but opposes their use as a payment tool.

Gate News bot message, Andriy Pyshnyy, the governor of the National Bank of Ukraine (NBU), recently expressed his support for the legalization of Crypto Assets but opposed using them as a means of payment. According to Cryptonews, Pyshnyy emphasized that the legalization of Crypto Assets should not affect the effectiveness of the Central Bank's monetary policy tools. Pyshnyy also revealed that the NBU is testing the architecture model for digital currency (CBDC) and preparing for pilot projects. Considering Ukraine's European integration process, the NBU is closely monitoring the progress of the digital euro project and has currently collaborated with the European Central Bank, the Deutsche Bundesbank, the National Bank of Belgium, the Banque de France, and the Monetary Authority of Singapore.
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03:53

Survey: India's inflation rate in July may drop to an 8-year low

The survey shows that India's retail inflation rate is expected to drop to 1.76% in July, the lowest in 8 years, below the tolerance range set by the Central Bank, mainly due to the control of food prices. This will mark the ninth consecutive month of declining inflation.
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01:02

BTC (Bitcoin) has risen by 2.05% in the last 24 hours.

Gate News Bot news, on August 8, according to CoinMarketCap data, as of the time of writing, BTC (Bitcoin) is currently priced at $117,300, rising 2.05% in the last 24 hours, with a peak of $117,700 and a low of $111,900. The 24-hour volume reached $66.367 billion. The current market capitalization is approximately $2.33 trillion, an increase of $46.813 billion compared to yesterday. Bitcoin is an innovative payment network and a new type of currency. Bitcoin operates on a peer-to-peer technology, requiring no central authority or bank; the network collectively manages transactions and the issuance of Bitcoin. Bitcoin is open-source; its design is public, no one owns or controls Bitcoin, and anyone can participate. Through its many unique properties, Bitcoin
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BTC-3.17%
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00:16

Bank of Japan: If the impact of U.S. tariffs is limited, it may resume interest rate hikes before the end of the year.

According to a report by Jin10, based on the summary of opinions from the July monetary policy meeting released by the Bank of Japan on Friday, one committee member stated that if the impact of U.S. tariffs on the economy proves to be small, the Bank of Japan may end its current wait-and-see mode and restart interest rate hikes before the end of this year. Another committee member pointed out that the current policy interest rate of the Bank of Japan is 0.5%, which is below the level considered neutral for the economy, and therefore the central bank must continue to raise interest rates.
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13:16

Ebury: The stance of the Bank of England is a double-edged sword for the pound.

Jin10 data August 7th news, Ebury strategist Matthew Ryan stated in a report that the Bank of England's cautious stance on interest rate cuts during Thursday's meeting is a double-edged sword for the pound. Although the prospect of interest rates remaining high for a longer period should boost the pound, the reluctance to loosen policy may "cause further damage to the already fragile UK economy."
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12:23

The market drops the expectation of a rate cut by the Bank of England.

Jin10 data reported on August 7th that LSEG's data shows the currency market expects an 81% chance that the Central Bank of the UK will cut interest rates in December, down from the 96% expectation before the rate decision. The market also believes there is only about a one-third chance that the Central Bank of the UK will cut rates in November, which will maintain the Central Bank of the UK's recent quarterly rate cut pace. EFG Asset Management analyst Joaquin Thul stated in a report that the Central Bank of the UK may remain cautious as it expects inflation to reach twice the 2.0% target level by September.
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11:54

The message conveyed by the Bank of England continues to focus on inflationary pressures.

Jin10 data, August 7th report: Fitch's chief economist Brian Coulton stated that policymakers at the Bank of England seem generally willing to keep interest rates within a restrictive range. He mentioned in a report that the vote to lower the benchmark interest rate by 25 basis points to 4% passed with a margin of 5 votes to 4, and cannot truly be described as a dovish rate cut, even though rate setter Allen Taylor initially pushed for a 50 basis points cut. The message from the Bank of England emphasizes the increasing risks of rising medium-term inflation prospects, as well as the potential for rising food prices to boost household inflation expectations. Despite clearer evidence showing that the labor market is weakening and wage pressures are easing, we do not expect another rate cut before November.
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11:49

Bank of England Governor Bailey: Consumers seem to be more cautious than we expected.

Jin10 Data reported on August 7 that the Bank of England Governor Bailey stated that consumers are more cautious than policymakers had expected. "Consumers appear to be more cautious than we had anticipated, and the broader downside risks to economic activity, along with the risks of sudden adverse developments in the labor market, may have exacerbated this perception. Food and energy prices are very important to consumers and often have a greater impact on inflation expectations than other prices, so we must be very careful to avoid any additional second-round effects on wage and price setting in the economy."
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11:30

The Bank of England places concerns about inflation above weak economic growth.

MHA economic adviser Joe Nellis stated that the Bank of England has slightly lowered the Benchmark Interest Rate, reflecting a concern for economic rise and rising unemployment rates. Despite a slowdown in wage growth, inflation still needs to be monitored, and it is expected that there may be 1 to 2 rate cuts this year.
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JOE-4.86%
11:05

The Bank of England hints that its rate-cutting actions may soon come to an end.

The Bank of England reiterated its gradual and cautious interest rate cut strategy and hinted that rate cuts may soon come to an end, stating that the monetary policy has become less restrictive. This is a blow to the Chancellor and the Prime Minister, as they are committed to accelerating economic growth. Bailey believes that the interest rate cut decision was made after balanced consideration.
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11:03

The Bank of England raises its GDP growth forecast for 2025.

Jin10 data August 7 news, Bank of England: expected GDP rise of 1.25% in 2025, previously estimated at 1%. Expected GDP rise of 1.25% in 2026, previously estimated at 1.25%. Expected GDP rise of 1.5% in 2027, previously estimated at 1.5%.
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11:00

The Bank of England cut interest rates by 25 BP

Jin10 reported on August 7 that the Bank of England has lowered the policy interest rate from 4.25% to 4%, marking the fifth rate cut in this round of easing, in line with market expectations.
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10:43

Jin10整理:英国Central Bank决议重点前瞻

1. Interest Rate Level: The Bank of England is expected to cut rates by 25 basis points to 4.00%, marking the fifth rate cut in this cycle. 2. Voting Proportions: The divisions among the 9 voting members are expected to remain as "three factions," namely cutting rates by 25bp, 50bp, and no rate cut. 3. Balance Sheet Reduction Outlook: The Bank of England may slow down the pace of reducing its holdings of UK government bonds, which is currently being reduced by £100 billion per year. 4. Forward Guidance: The Bank of England may maintain its guidance of cutting rates once per quarter, which is likely to change after the autumn budget.
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