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[QCP Capital: Focus On Indicators Such As ADP And Unemployment Rate Next Week, And Remain Optimistic About The Next Quarter] QCP Capital Pointed Out In Its Latest Report That This Week, Risk Assets Rose Sharply, Mainly Driven By Stimulus Measures From China's Central Bank Aimed At Revitalizing The Chinese Economy. Earlier, The Federal Reserve Announced A 50 Basis Point Interest Rate Cut, Setting A Positive Tone For Global Markets. In Japan, Political Developments Have Also Changed Market Sentiment. Shigeru Ishiba, Who Is About To Become The New Prime Minister, Has Been Outspoken In Criticizing The Bank Of Japan's Ultra-loose Monetary Policy. This Has Changed Market Expectations Of The Bank Of Japan's Low Interest Rate Stance And Added Another Layer Of Complexity To The Financial Landscape. The Core Personal Consumption Expenditures Index Is The Federal Reserve's Preferred Inflation Indicator. The Index Increased By 2.6% Year-on-Year, Lower Than Expected (expected To Increase By 2.7% Year-on-Year). This Has Increased Market Expectations For A Possible 50 Basis Point Rate Cut At The Next FOMC Meeting. The Probability Of A 50 Basis Point Cut Is Currently 53%, While The Probability Of A 25 Basis Point Cut Is 47%. After The Data Was Released, The Dow Jones Index Closed At An All-time High, Climbing 137.89 Points. Heading Into Next Week, The Focus Will Be On Upcoming Labor Market Indicators Including JOLT, ADP, US Unemployment Rate. Strong Performance From These Indicators Could Strengthen The Case For A 50bp Rate Cut In November, Further Driving Risk Assets Higher. On The Crypto Front, The BTC ETF Saw A Sharp Increase In Inflows This Week, With Inflows Of $494.4 Million At The Close Of Friday. Despite The Recent Lack Of Inflows Into The ETH ETF, The ETH ETF Has Recovered, With Inflows Of $58.7 Million At The Close Of Friday. ETH's Implied Volatility Remains Elevated Compared To BTC (8% Higher), While ETH/BTC Remains Stable Above The 0.04 Mark. While Risk Assets Have Had Good Momentum In The Fourth Quarter Rally, We Favor The Upper Structure That Can Deliver High Returns As Optimism Remains For The Next Quarter
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