Shell Q3 Refining Margins to Plummet Amid Global Demand Slump
Shell (SHEL.US) stated on Monday that due to the overall economic weakness and the decline in global demand, the company's refining margins for the third quarter will drop significantly quarter-on-qua...
Fed Cuts Rates by 50 Basis Points; Gold, Oil Plunge, Stocks Tumble
IntroductionThe "Federal Reserve's decision to lower the target range of the federal funds rate by 50 basis points" this piece of good news quickly ignited the entire market, and the market's reaction...
S&P 500 Expected to Rise by 10% as Top Wall Street Strategists Bullish on US Stocks
Two top strategists on Wall Street have become more optimistic about the U.S. stock market, citing signs of a strong labor market, resilient economy, and falling interest rates.Michael Wilson of Morga...
Fed's Pause on Rate Cuts Slams Stocks
IntroductionDuring the National Day holiday, the global financial market was in turmoil. The U.S. stock index broke through 3,100 points and almost ran all the way down to around 2,900 points. The war...
RMB Surges, Era of Falling USD?
In this rapidly changing financial era, we are always compelled to interpret every minor economic signal with an extraordinary sensitivity. Recently, global financial markets have experienced signific...
U.S. Futures Down; Goldman Sachs Sees 10% S&P 500 Gain
Pre-market Market Trends1. On October 7th (Monday) before the U.S. stock market opens, the three major U.S. stock index futures all fell. As of the time of writing, Dow futures were down 0.44%, S&P 50...
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