Jerry Lin
The Latest
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Dollar Declines Ahead of Key Inflation Data as Euro Strengthens
The U.S. dollar edged down on Tuesday, marking its first monthly decline in 2024, as traders anticipated crucial inflation data from the U.S. and the eurozone later this week. The greenback's dip came amidst heightened expectations that major central banks might soon adjust their monetary policies. 
The U.S. dollar edged down on Tuesday, marking its first monthly decline in 2024, as traders anticipated crucial inflation data from the U.S. and the eurozone later this week. The greenback's dip came amidst heightened expectations that major central banks might soon adjust their monetary policies. -
Oil Prices Stabilize Amid OPEC+ Supply Curbs and Summer Fuel Demand
Global oil prices steadied on Tuesday as market participants balanced the prospect of OPEC+ maintaining supply curbs with the anticipation of strong U.S. summer fuel demand against concerns about prolonged elevated U.S. interest rates. This stability followed a modest rise in prices on Monday, driven by expectations of increased fuel consumption at the onset of the U.S. summer driving season. 
Global oil prices steadied on Tuesday as market participants balanced the prospect of OPEC+ maintaining supply curbs with the anticipation of strong U.S. summer fuel demand against concerns about prolonged elevated U.S. interest rates. This stability followed a modest rise in prices on Monday, driven by expectations of increased fuel consumption at the onset of the U.S. summer driving season. -
ECB Officials Signal Rate Cut as Inflation Eases
The European Central Bank (ECB) is on the brink of implementing an interest rate cut next week, following significant signals from key officials. Olli Rehn, a member of the ECB's Governing Council and the head of Finland's central bank, emphasized the sustained decline in inflation within the euro area, suggesting that conditions are favorable for easing monetary policy. 
The European Central Bank (ECB) is on the brink of implementing an interest rate cut next week, following significant signals from key officials. Olli Rehn, a member of the ECB's Governing Council and the head of Finland's central bank, emphasized the sustained decline in inflation within the euro area, suggesting that conditions are favorable for easing monetary policy. -
SEC Approves Ethereum ETFs, Marking Major Milestone for Crypto Industry
The U.S. Securities and Exchange Commission (SEC) has approved the listing of eight exchange-traded funds (ETFs) that hold ether (ETH-USD), the native cryptocurrency of the Ethereum blockchain. 
The U.S. Securities and Exchange Commission (SEC) has approved the listing of eight exchange-traded funds (ETFs) that hold ether (ETH-USD), the native cryptocurrency of the Ethereum blockchain. -
Mortgage Rates Dip Below 7%, Offering Hope in a Tight Housing Market
Mortgage rates have fallen for the third consecutive week, offering a glimmer of hope to American homebuyers navigating a still-challenging housing market. The average rate for a 30-year fixed-rate mortgage dipped to 6.94% for the week ending May 23, down from 7.02% the previous week, according to data from Freddie Mac 
Mortgage rates have fallen for the third consecutive week, offering a glimmer of hope to American homebuyers navigating a still-challenging housing market. The average rate for a 30-year fixed-rate mortgage dipped to 6.94% for the week ending May 23, down from 7.02% the previous week, according to data from Freddie Mac -
JPMorgan CEO Warns of Potential U.S. Economic Hard Landing Amid Persistent Inflation
JPMorgan Chase CEO Jamie Dimon issued a stark warning about the potential for a "hard landing" for the U.S. economy, citing concerns over persistent inflation and the risk of stagflation. Speaking at the JPMorgan Global China Summit in Shanghai, Dimon underscored the unpredictability of the current economic landscape and the challenges that lie ahead. 
JPMorgan Chase CEO Jamie Dimon issued a stark warning about the potential for a "hard landing" for the U.S. economy, citing concerns over persistent inflation and the risk of stagflation. Speaking at the JPMorgan Global China Summit in Shanghai, Dimon underscored the unpredictability of the current economic landscape and the challenges that lie ahead. -
Oil Recovers Slightly Despite Federal Reserve’s Tightening Stance and Rising U.S. Crude Inventories
Oil prices saw a modest recovery on Thursday, regaining some ground after three consecutive days of losses. This rebound comes despite ongoing concerns about the potential for further interest rate hikes by the U.S. Federal Reserve, which could dampen oil demand. 
Oil prices saw a modest recovery on Thursday, regaining some ground after three consecutive days of losses. This rebound comes despite ongoing concerns about the potential for further interest rate hikes by the U.S. Federal Reserve, which could dampen oil demand. -
Federal Reserve Rate Cut Expectations Cool as Traders Scale Back Bets Amid Bond Market Fluctuations
As multiple Federal Reserve officials indicated a lack of urgency to cut interest rates, bond traders have reduced their bets on two rate cuts within the year, leading to a resurgence of bond short sellers. 
As multiple Federal Reserve officials indicated a lack of urgency to cut interest rates, bond traders have reduced their bets on two rate cuts within the year, leading to a resurgence of bond short sellers. -
Dollar Gains as Markets Anticipate Fed Insights on Interest Rates
The U.S. dollar firmed on Wednesday as investors eagerly awaited the Federal Reserve's meeting minutes for insights into the central bank's future interest rate trajectory. This move comes amidst a backdrop of mixed economic signals and ongoing inflation concerns. 
The U.S. dollar firmed on Wednesday as investors eagerly awaited the Federal Reserve's meeting minutes for insights into the central bank's future interest rate trajectory. This move comes amidst a backdrop of mixed economic signals and ongoing inflation concerns. -
Japan's Exports Rise Amid Weak Yen, but Trade Deficit Widens
Japan's exports increased for the fifth consecutive month in April, buoyed by the depreciating yen, though shipment volumes continued to struggle under soft global demand, according to government data released on Wednesday. The uptick in export value underscores a challenging economic landscape where weak domestic consumption and inflationary pressures persist. 
Japan's exports increased for the fifth consecutive month in April, buoyed by the depreciating yen, though shipment volumes continued to struggle under soft global demand, according to government data released on Wednesday. The uptick in export value underscores a challenging economic landscape where weak domestic consumption and inflationary pressures persist.
