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Fed Eases, Lowers Dollar Forecast

Article / Aug, 30 2024
After the Federal Reserve's significant rate cut, Goldman Sachs Group has lowered its expectations for the US dollar against a variety of currencies.The bank anticipates that the US dollar will gradua...

Financial Innovation: Ping An Explores "Finance + Health & Elderly Care"

Article / Aug, 17 2024
On September 25th, the People's Daily prominently featured a report on Ping An Group's financial development path on its front page, focusing on how the group practices "finance for the people" throug...

Negative Factors Haunt Fed's Aggressive Rate Cuts; Yen Bulls May Peak

Article / Jul, 30 2024
The Federal Reserve's significant interest rate cut has provided a tailwind for the Japanese yen, but the many negative factors facing the currency seem to outweigh these advantages.After experiencing...

China Sells $228B US Real Estate, US Debt Crisis Looms

Article / Jul, 26 2024
The US dollar is a benefit for the United States, but the US stock market is the future of America, and the continuously record-breaking US debt is the foundation of the country.The dollar tide is the...

Fed Rate Cut "Futile": Money Funds Still Shun Long-Term US Debt

Article / Jul, 24 2024
Despite the Federal Reserve's initiation of a rate-cutting cycle last week with a 50 basis point cut, money market funds are still reluctant to purchase longer-term U.S. Treasury bonds.When the Fed st...

Revolut Launches Trading App vs. Robinhood, eToro for Retail

Article / Jul, 20 2024
UK fintech giant Revolut plans to spin off its wealth management business, valued at €8.5 billion (approximately $9.5 billion), into a standalone app in an attempt to compete with companies like Rob...

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