Jerry Lin
The Latest
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Powell Reinforces Fed's Stance on Delaying Rate Cuts Until Inflation Moves Sustainably Toward 2%
Powell struck a balanced tone, acknowledging the economy's resilience while underscoring the need for further data to confirm a sustainable path toward the Fed's 2% inflation target. Powell struck a balanced tone, acknowledging the economy's resilience while underscoring the need for further data to confirm a sustainable path toward the Fed's 2% inflation target. -
ADP Reports Slight Miss in February Private Payroll Growth, Amid Economic Scrutiny
The addition of 140,000 jobs last month marked an improvement from January's upwardly revised count of 111,000 but did not reach the Dow Jones forecast of 150,000. The addition of 140,000 jobs last month marked an improvement from January's upwardly revised count of 111,000 but did not reach the Dow Jones forecast of 150,000. -
Gold Surges to Record Highs, Market Strategists Eye More Upside Amid Economic Shifts
Gold prices have ascended to unprecedented levels, with early U.S. trading seeing a modest uptick that propelled the precious metal to a record high of $2,155.50, according to Comex futures. Gold prices have ascended to unprecedented levels, with early U.S. trading seeing a modest uptick that propelled the precious metal to a record high of $2,155.50, according to Comex futures. -
Bitcoin Soars to New Heights, Breaking $69,000 in Latest Rally
Bitcoin has shattered its own records, soaring to unprecedented heights above $69,000, a landmark achievement underscoring the cryptocurrency's enduring appeal and resilience in the face of volatility. This surge marks a significant rebound for Bitcoin, achieving a new peak for the first time in over two years, with prices topping $69,210 according to data from Coin Metrics. Bitcoin has shattered its own records, soaring to unprecedented heights above $69,000, a landmark achievement underscoring the cryptocurrency's enduring appeal and resilience in the face of volatility. This surge marks a significant rebound for Bitcoin, achieving a new peak for the first time in over two years, with prices topping $69,210 according to data from Coin Metrics. -
Bitcoin Nears Record High, Surpassing $67,000 Amid Rising ETF Demand
Bitcoin has once again captured the financial world's attention by surging to $67,379.86, as reported by Coin Metrics. This nears its 2021 zenith, a time when the digital currency reached its record peak. Bitcoin has once again captured the financial world's attention by surging to $67,379.86, as reported by Coin Metrics. This nears its 2021 zenith, a time when the digital currency reached its record peak. -
Gold Breaks $2,100 Barrier, Setting New Record as Markets Anticipate Fed Rate Cuts
Gold prices have soared to unparalleled heights, breaching the $2,100 mark for the first time ever, as market participants increasingly anticipate a shift in the Federal Reserve's monetary policy towards interest rate reductions in the latter half of the year. Gold prices have soared to unparalleled heights, breaching the $2,100 mark for the first time ever, as market participants increasingly anticipate a shift in the Federal Reserve's monetary policy towards interest rate reductions in the latter half of the year. -
Bitcoin Breaks New Record Against Euro, Hits $65K Amid Global Market Rally
Bitcoin, the world's leading cryptocurrency, has surged to unprecedented levels, surpassing a new all-time high against the euro. On March 4th, Bitcoin achieved a groundbreaking value, crossing the $6,5000 threshold for the first time in history. Bitcoin, the world's leading cryptocurrency, has surged to unprecedented levels, surpassing a new all-time high against the euro. On March 4th, Bitcoin achieved a groundbreaking value, crossing the $6,5000 threshold for the first time in history. -
Nikkei 225 Breaks 40,000 Mark as Japan's Market Rally Gains Momentum
Japan's Nikkei 225 index surged past the 40,000 mark for the first time, signaling a potent resurgence in the nation's equity markets. Japan's Nikkei 225 index surged past the 40,000 mark for the first time, signaling a potent resurgence in the nation's equity markets. -
Congress Moves to Block China's Purchases from U.S. Strategic Petroleum Reserve Amid Rising Geopolitical Tensions
recent legislation has been introduced to prohibit China from purchasing oil from the U.S. Strategic Petroleum Reserve (SPR). recent legislation has been introduced to prohibit China from purchasing oil from the U.S. Strategic Petroleum Reserve (SPR). -
Saudi Arabia and Russia Lead OPEC+ in Prolonging Oil Supply Reductions to Stabilize Prices
Key OPEC+ members, led by Saudi Arabia and Russia, have agreed to extend their voluntary crude supply cuts into the second quarter of 2024. This extension signifies a concerted effort by the coalition, consisting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, to stabilize the oil market during a period of heightened geopolitical tensions and fluctuating demand. Key OPEC+ members, led by Saudi Arabia and Russia, have agreed to extend their voluntary crude supply cuts into the second quarter of 2024. This extension signifies a concerted effort by the coalition, consisting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, to stabilize the oil market during a period of heightened geopolitical tensions and fluctuating demand.