Jerry Lin
The Latest
-
China's Central Bank Implements Bond Borrowing to Stabilize Market Yields
China's central bank, the People's Bank of China (PBOC), announced on Monday a strategic move to borrow treasury bonds from primary dealers. This measure is seen by analysts as an effort to curb plummeting domestic interest rates and maintain financial stability. The decision marks a significant step in the central bank's evolving approach to managing market yields and credit flow. 
China's central bank, the People's Bank of China (PBOC), announced on Monday a strategic move to borrow treasury bonds from primary dealers. This measure is seen by analysts as an effort to curb plummeting domestic interest rates and maintain financial stability. The decision marks a significant step in the central bank's evolving approach to managing market yields and credit flow. -
Fed's Key Inflation Gauge Shows Slower Growth in May Amid Economic Uncertainty
The Federal Reserve's preferred inflation gauge, the core personal consumption expenditures (PCE) price index, showed a significant slowdown in May, marking its lowest annual rate in over three years. 
The Federal Reserve's preferred inflation gauge, the core personal consumption expenditures (PCE) price index, showed a significant slowdown in May, marking its lowest annual rate in over three years. -
Oil Prices Climb as Market Eyes Federal Reserve Moves and Geopolitical Tensions
Oil prices continued their upward trajectory on Friday, marking the third consecutive week of gains. This rally was driven by growing anticipation that the U.S. Federal Reserve might soon begin cutting interest rates, coupled with concerns over potential supply disruptions from geopolitical conflicts in Russia and the Middle East. 
Oil prices continued their upward trajectory on Friday, marking the third consecutive week of gains. This rally was driven by growing anticipation that the U.S. Federal Reserve might soon begin cutting interest rates, coupled with concerns over potential supply disruptions from geopolitical conflicts in Russia and the Middle East. -
IMF Calls for U.S. Debt Reduction Amid Robust Economic Growth
The International Monetary Fund (IMF) has urged the United States to address its rising debt levels, even as it commended the country's robust economic growth and progress in managing inflation. In a closing statement from its "Article IV" review of U.S. economic policies, the IMF emphasized the need for fiscal reforms to mitigate risks to both the U.S. and global economies. 
The International Monetary Fund (IMF) has urged the United States to address its rising debt levels, even as it commended the country's robust economic growth and progress in managing inflation. In a closing statement from its "Article IV" review of U.S. economic policies, the IMF emphasized the need for fiscal reforms to mitigate risks to both the U.S. and global economies. -
Mortgage Rate Eases to 6.86%, Lowest Since April, Amid Expectations for Continued Decline
The national average for a 30-year fixed-rate mortgage has declined for the fourth consecutive week. According to Freddie Mac's latest report, the rate inched down to 6.86% from 6.87% the previous week, marking its lowest point since early April. This trend offers a glimmer of hope for a housing market that has been sluggish due to high rates and affordability challenges. 
The national average for a 30-year fixed-rate mortgage has declined for the fourth consecutive week. According to Freddie Mac's latest report, the rate inched down to 6.86% from 6.87% the previous week, marking its lowest point since early April. This trend offers a glimmer of hope for a housing market that has been sluggish due to high rates and affordability challenges. -
Potential "Black Swan" in French Elections? Citigroup Warns French Stock Market Could Plunge 20% in Worst Case
The highly anticipated French National Assembly election is set to take place this weekend, and Citigroup analysts warn that in the worst-case scenario, the French stock market could see its market value plummet by as much as 20%. 
The highly anticipated French National Assembly election is set to take place this weekend, and Citigroup analysts warn that in the worst-case scenario, the French stock market could see its market value plummet by as much as 20%. -
Japan Signals Potential Market Intervention Amid Yen's Plunge to 38-Year Low
Japan's Finance Minister Shunichi Suzuki has signaled a potential intervention in the exchange-rate market following the yen's drastic fall to a 38-year low against the U.S. dollar. This decline has raised concerns about its impact on the economy, prompting government officials to consider necessary actions to stabilize the currency. 
Japan's Finance Minister Shunichi Suzuki has signaled a potential intervention in the exchange-rate market following the yen's drastic fall to a 38-year low against the U.S. dollar. This decline has raised concerns about its impact on the economy, prompting government officials to consider necessary actions to stabilize the currency. -
U.S. Jobless Claims Dip, But Long-Term Unemployment Reaches Two-Year High
Fewer Americans applied for unemployment benefits last week, but the total number of those collecting jobless benefits has risen to its highest level in more than two years. The Labor Department reported on Thursday that initial claims for unemployment benefits fell by 6,000 to 233,000 for the week ending June 22. 
Fewer Americans applied for unemployment benefits last week, but the total number of those collecting jobless benefits has risen to its highest level in more than two years. The Labor Department reported on Thursday that initial claims for unemployment benefits fell by 6,000 to 233,000 for the week ending June 22. -
Yen Hits Lowest Level Since 1986 Amid Intervention Speculation
The yen has plummeted to its weakest point since 1986, igniting speculation that Japanese authorities might soon step in to support the struggling currency. On Wednesday, the yen sank to 160.39 per dollar, a level not seen since December 1986, driven by a growing interest rate gap between Japan and the United States. 
The yen has plummeted to its weakest point since 1986, igniting speculation that Japanese authorities might soon step in to support the struggling currency. On Wednesday, the yen sank to 160.39 per dollar, a level not seen since December 1986, driven by a growing interest rate gap between Japan and the United States. -
Oil Prices Decline Amid Stronger Dollar and Anticipation of U.S. Inflation Data
Crude oil prices edged lower on Tuesday, influenced by a stronger dollar and the market's focus shifting towards upcoming U.S. inflation data. Despite the dip, escalating geopolitical tensions and expectations of increased summer demand helped limit the losses. Crude oil prices edged lower on Tuesday, influenced by a stronger dollar and the market's focus shifting towards upcoming U.S. inflation data. Despite the dip, escalating geopolitical tensions and expectations of increased summer demand helped limit the losses.
