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  • Must-read before U.S. stocks open: Three major stock index futures rise, TSMC falls more than 2%

    As of press time, the Dow futures, dominated by blue-chip stocks, rose 0.24%; the S&P 500 futures rose 0.25%; the Nasdaq 100 futures, dominated by technology stocks, rose 0.29%. Popular Chinese concept stocks rose before the market opened. European stock markets rose. As of press time, Germany’s DAX index fell 0.08%; France’s CAC40 index rose 0.39%; Britain’s FTSE 100 index rose 0.14%. In terms of commodity foreign exchange, as of press time, Brent crude oil fell 1.10% to US$86.33 per barrel. European Automobile Manufacturers Association: EU car sales hit biggest decline in 16 months in March The European Automobile Manufacturers Association said that EU car sales suffered the largest decline in 16 months in March, and Tesla‘s new car registrations in the EU fell by 30% in March. Registrations of pure electric vehicles in the EU fell by 11% to 134,400 in March; the EU’s pure electric vehicle market share fell to 13% from 14% in the same period last year. Swiss gold exports fell 6.9% month-on-month in March Swiss gold exports fell 6.9% month-on-month in March. TSMC’s Q1 net…

    US stock market 5 days ago
  • Bank of Japan may focus less on inflation when formulating policy

    The Bank of Japan is moving toward a more discretionary approach to monetary policy, people familiar with the matter said. Three people familiar with the matter said that the mere forecast that inflation will remain at the target level of around 2% until early 2027 does not indicate that interest rates will be raised in the near future.

    US stock news April 15, 2024
  • Japanese yen hits new low against US dollar

    The exchange rate of the yen against the U.S. dollar in the Tokyo foreign exchange market fell to more than 153.8 yen per U.S. dollar on the 15th, a record low in nearly 34 years. Kyodo News reported that interest rate differentials between Japan and the United States prompted investors to sell Japanese yen and buy U.S. dollars. In addition, the latest developments in the situation in the Middle East have also enhanced the appeal of the U.S. dollar as a “safe haven asset.” The consular building of the Iranian Embassy in Syria was attacked by a missile on April 1, killing at least 13 people. Iran and Syria said the attack was carried out by Israel. Iran’s Islamic Revolutionary Guard Corps issued a statement in the early morning of the 14th, announcing that it had launched dozens of missiles and drones at Israeli targets. An Israeli military spokesman said that more than 300 drones and missiles were fired at Israel, and “99%” of them were intercepted. As of 3 pm on the 15th, the Japanese yen exchange rate was…

    US stock news April 15, 2024
  • Are there fewer and fewer people wanting the huge amount of U.S. debt issued?

    Recently, the sharp rise in international gold prices has attracted the attention of investors from almost all over the world. Behind the frenzied buying in the gold market, another safe-haven asset, U.S. Treasury bonds, presents a completely different scene of depression. A series of weak performance at U.S. Treasury auctions has stoked investor concerns that the market will struggle to absorb the massive issuance of Treasury debt. In the past week, after weak demand for the US$39 billion 10-year Treasury bond auction, the bond market sell-off triggered by higher-than-expected U.S. CPI in March intensified. Investors also showed little interest in the three-year and 30-year U.S. Treasury auctions. Behind the growing caution among bond market investors is the growing belief that U.S. inflation is not yet fully under control and that the Federal Reserve will keep interest rates at multi-decade highs in the coming months or even years. The yield on the 10-year U.S. Treasury note, known as the “anchor of global asset pricing” and the benchmark for pricing borrowing rates from mortgages to corporate loans, closed at around 4.5% last…

    stock options April 15, 2024
  • Apple CEO Cook arrives in Vietnam and reveals that investment in “Vietnam Fruit Chain” has exceeded 100 billion

    Apple CEO Tim Cook posted a number of photos of “people in Vietnam” on social media: tasting Hanoi’s characteristic egg (yolk) coffee with musicians, and hanging out with film and television creators at the famous local Hoan Kiem Lake. Taking a photo with the iPhone’s rear camera. Obviously, as the head of a consumer electronics giant and a world-renowned supply chain guru, Cook’s visit to Vietnam is naturally related to the layout of the industrial chain. 400 trillion VND invested in the past five years Just when Cook arrived in Hanoi, Apple issued a statement on its official website in Vietnam, announcing that it would increase investment in Vietnam’s supply chain. According to data provided in the announcement, since 2019, Apple’s cumulative investment in Vietnam through supply chain partners has exceeded 400 trillion VND. (Note: The latest exchange rate of RMB against Vietnamese Dong is 3466.83, Apple’s investment in Vietnam is equivalent to more than 112 billion yuan) More importantly, Apple’s local investment is also accelerating. Also starting in 2019, the company’s annual investment in Vietnam has doubled. Currently, Vietnam’s…

    US stock news April 15, 2024