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TRUMP: STOCK MARKET AT ALL TIME HIGH RIGHT NOW
2026-04-24
TRUMP: STOCK MARKET AT ALL TIME HIGH RIGHT NOW
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2026-04-23
China’s major futures contracts were mixed at the morning close, with low-sulfur fuel oil (LU) jumping more than 6% and fuel oil rising nearly 5%. SC crude gained over 3%, while PX and PTA rose more than 2%, and PET flakes and styrene advanced close
China’s major futures contracts were mixed at the morning close, with low-sulfur fuel oil (LU) jumping more than 6% and fuel oil rising nearly 5%. SC crude gained over 3%, while PX and PTA rose more than 2%, and PET flakes and styrene advanced close to 2%. On the downside, Shanghai silver, apples and palladium fell more than 2%, while platinum, polysilicon, tin and industrial silicon declined over 1%.
2026-04-23
US Dollar: 1. Reuters poll: The Fed will wait until at least the end of the year to cut interest rates due to war-driven inflation. 2. Hassett supports Powell's explanation for remaining as "interim Fed chairman." 3. SWIFT: Dollar usage in global
US Dollar: 1. Reuters poll: The Fed will wait until at least the end of the year to cut interest rates due to war-driven inflation. 2. Hassett supports Powell's explanation for remaining as "interim Fed chairman." 3. SWIFT: Dollar usage in global trade surged during the Iran conflict. Euro: 1. ECB Governing Council member Simkus: A rate hike by the ECB this year cannot be ruled out. A rate hike should not be implemented in April. 2. ECB Governing Council member Kocher: We will discuss the data before the next interest rate decision meeting; it is too early to say what decision will be made. 3. ECB Governing Council member Stournaras: The ECB should wait. 4. German Economics Ministry halved its economic growth forecast for this year. Pound Sterling: 1. According to the Financial Times: Barclays said the UK could save £2.5 billion by helping banks buy UK government bonds. Other: 1. The Turkish central bank kept its benchmark interest rate unchanged at 37%, in line with expectations. 2. Traders: The Reserve Bank of India sold dollars in the foreign exchange market to support the rupee. 3. Swiss National Bank: First-quarter foreign exchange position loss of CHF 8.2 billion. 4. New Zealand Finance Minister: (Regarding the Iran war) The Treasury predicts that in the worst-case scenario, inflation could reach 7.4% in 2025/26; and real GDP growth is projected to be 0.8% in the worst-case scenario for 2025-26. 5. Indonesian Central Bank Deputy Governor: The depreciation of the Indonesian rupiah is due to increased global uncertainty and pressure on regional peers. The central bank will continue to increase intervention to stabilize the rupiah.
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