The number of people applying for unemployment benefits in the United States has reached a three-year high, and the price of US debt has rebounded. Did the Fed's rate cut in November stabilize?

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Affected by the decline in the number of initial jobless claims in the United States and the recovery of the US Treasury Intrerest Rate, US stocks once again ushered in a rise yesterday. However, in China's economy, the failure of the upcoming People's Congress in early November to include stimulus policies on the agenda is likely to disappoint the market again. When did the biggest bubble in U.S. stock history burst? Analyst: Not afraid of recession, the real fatal is the difference in the Intrerest Rate between Japan and the United States) (Background supplement: After the big dump of mainland stocks, the first phase of the "swap facilitation" on the road today is 500 billion people's coins, Ray Dalio: investing in China is still tricky) The U.S. Department of Labor released a report on Thursday (24) showing that in the week ended October 19, the number of initial jobless benefits in the United States was reported at 227,000, down 15,000 from the previous week and lower than economists' expectations 242,000. However, analysts believe that hurricanes Helen and Milton have hit the southern United States hard in the past two weeks, causing many people to lose their jobs, but it may be because many people are not able to claim unemployment benefits immediately, so there are unexpected data. On the other hand, the number of consecutive jobless claims in the previous week rose to nearly 1.9 million, the highest in nearly three years. Continuous jobless claims data traditionally reflect the difficulty of finding work, so the judgment that the job market has not continued to heat up provided support for the Fed's interest rate cut in November. U.S. Treasury Intrerest Rate Rises to 4.2% At the same time, the Federal Reserve's latest Beige Book survey revealed that economic conditions across the United States remain weak, with 9 out of 12 regional Fed banks showing stagnant or slightly declining economic activity, suggesting a weak economic rise and also providing support for the next rate cut. After the release of the report, the price of U.S. bonds that have fallen in the past few days has rebounded, and most institutions have little room to fall before evaluating the price of U.S. bonds, and U.S. bond investors are full of confidence. Why does the U.S. Treasury Intrerest Rate continue to rise? Why has the U.S. Treasury Intrerest Rate continued to rise in the context of the Fed's interest rate cut cycle recently? Experts analyze possible causes: The U.S. Treasury continues to issue debt to fill the government deficit (plus some fears that if Trump returns to the White House, the U.S. fiscal deficit may increase again) The Fed's attempt to shrink its balance sheet eliminated a large amount of Treasury bond purchase demand, resulting in Recent economic data showing that inflation is still lagging The latest data from CME Group's Fed Watch tool shows that the market now believes that the probability of maintaining the current Intrerest Rate unchanged at 4.75% to 5% in November has slipped to 4.9% from a week ago. The probability of a rate cut of 1 yard to 4.5% to 4.75% rises to 95.1%, with most still betting that the Fed will continue to cut rates. The four major indexes of U.S. stocks risefall see each other on the 25th, and the four major indexes of U.S. stocks risefall more than 1% under the incentive of technology stocks: the Dow of U.S. stocks fell 259.96 points, or 0.61%, to close at 42,114.4 points. The Nasdaq rose 103.12 points, or 0.56%, to close at 18,518.61. The S&P 500 fell 1.74 points, or 0.03%, to close at 5,808.12. The Philadelphia Semiconductor Index rose 55.22 points, or 1.07%, to close at 5,212.83. China Doesn't Put Fiscal Stimulus on the NPCSC Agenda On the other hand, relative to U.S. stocks, which do not yet appear to be showing signs of a pause. In response to China's persistently sluggish economic conditions, the authorities launched an epic big point shaving policy at the end of September, although the short-term sparking of mainland stocks went crazy, but due to the failure to introduce further economic stimulus measures, the market has recently been fully extinguished, and new entrants have also wailed. Just yesterday (25th), Xinhua News Agency reported that China's highest legislative body, the People's Congress, will convene from November 4 to 8, and the Standing Committee of the National People's Congress will deliberate on mineral resources, energy, anti-Money Laundering legislation and other issues, and even consider the results of the US presidential election in early November, but did not mention the market's expected economic stimulus policy, I am afraid that the already underconfident market will be disappointed again... Related reports China's housing rescue market pushes "4+4+2" to stimulate new policies, but the problem of unfinished buildings is difficult to solve, and construction stocks do not rise against falling Taiwan stocks ETF "00887" ten-day big dump 79%, financial management committee: a perfect little storm! Do not rule out artificial speculation China is rumored to sacrifice 20% heavy taxes to hit the ultra-rich class, BTC will become a safe haven for funds? "The number of new jobless benefits in the United States reached the highest in three years, the price of US bonds rebounded, and the Fed cut interest rates in November stabilized? This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".

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