Jerry Lin

Jerry Lin

The Latest

  • Eurozone Economy Stalls in Q4 as Germany and France Contract, Pressuring ECB on Rate Cuts
    EU
    The eurozone economy failed to grow in the fourth quarter of 2024, marking a sharp slowdown from the previous quarter and missing expectations for modest expansion. Flash figures released by Eurostat on Thursday showed that gross domestic product (GDP) was unchanged from the previous quarter, falling short of the anticipated 0.1% growth.
  • Powell Holds Rates Steady, Rejects Trump’s Demand for Immediate Cuts
    SECOND TERM
    The Federal Reserve kept interest rates unchanged on Wednesday, pausing potential cuts as it assesses inflation and the broader economic landscape under President Donald Trump's second term. The decision, which leaves borrowing costs at a range of 4.25% to 4.5%, is expected to intensify tensions between the central bank and the White House, as Trump has repeatedly pushed for lower rates.
  • Fed Set to Hold Rates Steady as Trump Presses for Aggressive Cuts
    Federal Reserve
    The Federal Reserve is expected to hold its key interest rate steady this week, following three consecutive reductions totaling one percentage point. However, the path forward for interest rate policy remains uncertain, as policymakers grapple with the potential economic impacts of President Donald Trump's trade, tax, and immigration plans.
  • Stimulus Falls Short as China’s Economic Momentum Stalls in January
    Asia factory data
    China's economic recovery faltered in January, with factory activity contracting for the first time in four months, raising questions about the effectiveness of Beijing's stimulus measures and the prospects for sustained growth.
  • Bank of Japan Raises Interest Rates to 17-Year High
    Glum
    The Bank of Japan raised its benchmark interest rate to 0.5% on Friday, marking its highest level since 2008, as the central bank moves to address persistent inflation and rising wages. The decision underscores a shift in monetary policy for a nation that has long struggled with stagnant price growth and economic stagnation.
  • Beijing Prods Insurers and Funds to Invest Big in Struggling A-Shares
    China stocks
    China unveiled an ambitious plan on Thursday to inject hundreds of billions of yuan into its stock markets as part of a coordinated effort to reverse stagnant performance and boost investor confidence.
  • Gold Prices Near Record High Amid Trump’s Tariff Threats and Dollar Weakness
    Gold Price
    Gold prices surged to near-record levels on Wednesday as heightened trade policy uncertainty and a weakening U.S. dollar pushed investors toward safe-haven assets. Spot gold rose 0.4% to $2,755.2 per ounce, just shy of its October 2024 all-time high of $2,790.15. U.S. gold futures settled at $2,770.90, reflecting steady demand for the precious metal.
  • Trump’s SEC Launches Crypto Task Force, Sparking Optimism in Digital Asset Markets
    SEC
    President Donald Trump's administration has launched its first major initiative for the cryptocurrency industry, marking a shift toward clearer regulation for digital assets. On Tuesday, the Securities and Exchange Commission (SEC) announced the formation of a "crypto task force" aimed at developing comprehensive regulatory frameworks to foster innovation while protecting investors and market integrity.
  • Trump’s Crypto Promises Fall Short as Bitcoin Retreats from Inauguration Day Highs
    BITCOIN RISES
    Bitcoin and the broader cryptocurrency market experienced a sharp pullback following President Donald Trump's inauguration, tempering the industry's initial optimism about the new administration's potential impact on the sector. Bitcoin, which had soared to a record high of $109,350.72 on Monday, dropped to approximately $103,527.93 by Tuesday, reflecting a more cautious investor sentiment.
  • Trump-Backed $TRUMP Coin Hits $13 Billion Market Cap and Makes Him a Billionaire Overnight
    President Donald Trump
    President-elect Donald Trump's latest venture into cryptocurrency has catapulted him into the billionaire ranks overnight, as his newly launched $TRUMP token skyrocketed to a $13 billion market capitalization within days. The coin, introduced with the slogan "Join the Trump Community. This is History in the Making!" has become a flashpoint for both financial speculation and ethical scrutiny, raising concerns about its implications given Trump's impending presidency.
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