Banking

Search documents
Grant Cardone calls the concept of emergency savings a ‘bank myth’
Yahoo Finance· 2025-09-15 09:05
Opening a gold IRA with the help of Goldco allows you to invest in gold and other precious metals in physical forms while also providing the significant tax advantages of an IRA.A gold IRA is one option for building up your retirement fund with an inflation-hedging asset.Many investors opt for a self-directed gold IRA, a type of retirement account that combines the tax advantages of a traditional IRA with the inflation-hedging properties of gold.At the same time, however, precious metals like gold have been ...
Asian Markets Trade Mostly Higher
RTTNews· 2025-09-15 03:37
Market Overview - Asian stock markets are mostly trading higher, influenced by mixed signals from Wall Street and cautious sentiment ahead of a potential interest rate cut by the Federal Reserve [1][2] - The Australian stock market is experiencing a modest decline, with the S&P/ASX 200 index falling below 8,850.00 due to weakness in mining stocks [3][4] Key Indices Performance - The S&P/ASX 200 Index is down 30.30 points or 0.34 percent to 8,834.60, while the All Ordinaries Index is down 26.90 points or 0.30 percent to 9,101.80 [4] - The Nasdaq closed up 98.03 points or 0.4 percent at 22,141.10, while the Dow slid 273.78 points or 0.6 percent to 45,834.22 [9] Sector Performance - Oil stocks are mostly higher, with Woodside Energy up 0.2 percent and Santos gaining almost 1 percent, while Beach Energy is down 0.4 percent [5] - Gold miners are facing declines, with Northern Star Resources and Newmont losing almost 2 percent each, and Evolution Mining declining more than 5 percent [6] - Among the big four banks, Commonwealth Bank and ANZ Banking are down almost 1 percent each, while National Australia Bank and Westpac are slightly up [7] Geopolitical and Economic Factors - Concerns over geopolitical tensions in the Middle East and the ongoing Russia-Ukraine conflict are impacting market sentiment and crude oil prices [10] - The Fed is expected to lower interest rates by at least a quarter point, with a 96.4 percent chance of a 25 basis points cut indicated by the CME Group's FedWatch Tool [2]
Dollar steadies ahead of Fed meeting
The Economic Times· 2025-09-15 02:01
Currency Market Overview - Trading in Asia was limited due to Japan's market closure, resulting in mostly rangebound currencies [1] - The euro declined by 0.09% to $1.1724, largely ignoring Fitch's downgrade of France's sovereign credit rating to its lowest level, affecting the euro zone's second-largest economy [1][9] - The dollar steadied at 97.65 against a basket of currencies, despite expectations of a rate cut from the Federal Reserve [4][9] Federal Reserve and Rate Decisions - Investors are focused on upcoming rate decisions from multiple central banks, particularly the Federal Reserve, which is expected to announce a 25-basis-point cut [2][5] - Fed Chair Jerome Powell's guidance on future rate cuts will be crucial, with market expectations leaning towards a potential 50-basis-point cut [6][10] - The "dot plot" projections from Fed members will also be significant for market sentiment [5][10] Other Currency Movements - The British pound remained stable at $1.3554, while the Australian dollar approached a 10-month high at $0.6652 [5][9] - The Japanese yen slightly strengthened to 147.56 per dollar ahead of the Bank of Japan's policy meeting, where no rate changes are expected [6][10] - The New Zealand dollar eased by 0.03% to $0.5953, and the offshore yuan remained stable at 7.1230 per dollar [7][10] U.S.-China Trade Relations - U.S. and Chinese officials engaged in talks regarding strained trade ties and the impending divestiture deadline for TikTok, amidst U.S. demands for tariffs on Chinese imports related to Russian oil purchases [8][10]
全球宏观展望与策略:全球利率、大宗商品、货币与新兴市场-Global Macro Outlook and Strategy_ Global Rates, Commodities, Currencies and Emerging Markets
2025-09-15 01:49
Global Markets Strategy September 9th, 2025 Global Macro Outlook and Strategy Global Rates, Commodities, Currencies and Emerging Markets Luis Oganes AC (44-20) 7742-1420 luis.oganes@jpmorgan.com J.P. Morgan Securities plc See the end pages of this presentation for analyst certification and important disclosures. {[{xTcfaSlj-ZSQMv-ljRpIM1cdTniad0wIgliGy6p4MvMZ-KGDagPNZQ}]} Overall summary US Rates Risks to the front end remain biased lower given labor market weakness, as lingering Fed independence concerns p ...
美国主题研究:人工智能-我们从硅谷科技峰会得到的看法-US Thematic Research_ AI in Action_ Our takes from a Silicon Valley tech summit
2025-09-15 01:49
ab 10 September 2025 US Thematic Research AI in Action: Our takes from a Silicon Valley tech summit We agree that AI will almost certainly be transformative across sectors We attended Imagination in Action's The Next Revolution of AI: Impact Summit in Palo Alto (9/8-9/9) where we heard speakers and thought leaders across sectors discussing their views on how AI is reshaping businesses, where the technology is going, and friction points in implementation. We left the summit with continued conviction that AI ...
Global Markets Navigate Geopolitical Tensions and Central Bank Expectations; South Korean Stocks Advance
Stock Market News· 2025-09-15 01:08
Key TakeawaysOil prices are holding steady as investors closely monitor ongoing Russian energy attacks and calls from US President Donald Trump to NATO nations to halt Russian oil imports and impose sanctions.South Korean stocks experienced early gains, buoyed by strong performances in the semiconductor sector and a positive tax reform outlook, despite a 3.1% fall in Hyundai ((/stock/005380)) shares.Currency markets are largely flat, with USD/JPY near 147.50 and EUR/USD holding above 1.1700, as market parti ...
GST reforms set to reignite consumption growth, spur corporate profitability
The Economic Times· 2025-09-15 01:00
The tepid consumption growth, coupled with a slowdown in government capex, has dampened market sentiments. In the last one year, the domestic Consumption the way forwardThe announcement of income tax relief in the Union The reforms simplify the existing fourtier structure (5%,12%,18%,28%) into three slabs, 5%, 18% and 40% (the latter is reserved for sin and luxury goods). The revised rates will take effect from 22 September 2025 onwards (except for tobacco) and are expected to boost affordability and consum ...
透视“十四五”财政账本,民生投入近百万亿
21世纪经济报道· 2025-09-14 23:45
记者丨周潇枭 编辑丨包芳鸣 9月12日,国新办举行新闻发布会,邀请财政部部长蓝佛安,以及财政部副部长廖岷、副部长王东伟、副部长郭婷婷,介绍"十四 五"时期财政改革发展成效,并答记者问。 "十四五"时期,全国一般公共预算收入预计达到106万亿元,比"十三五"时期增加17万亿元,增长约19%;全国一般公共预算支出预 计超过136万亿元,比"十三五"时期增加26万亿元,增长24%。 五年里,大量"真金白银"投向了发展大事和民生实事。"十四五"时期, 全国一般公共预算安排教育支出20.5万亿元,社会保障和就 业支出19.6万亿元,卫生健康支出10.6万亿元,住房保障支出4万亿元,加上其他领域支出,财政民生投入近100万亿元。 今年,国 家财政安排1000亿元发放育儿补贴、200亿元逐步推行免费学前教育,积极回应人民群众关切。 截至2025年8月底,国家财政一共拿出约4200亿元,大力支持消费品以旧换新,带动各类商品销售额超2.9万亿元。近两年,安排超 长期特别国债1.5万亿元,推进"两重"建设。五年来,共安排地方政府专项债券19.4万亿元,支持建设项目15万个;安排中央预算内 投资3.33万亿元,支持水利、交通等基础 ...
Trump continues push to oust Lisa Cook despite new evidence that undermines his claims
Fortune· 2025-09-14 20:08
Core Points - The Trump administration is seeking to fire Lisa Cook from the Federal Reserve's board of governors ahead of an important interest rate vote [1][5] - Cook's legal team argues that the administration has not provided sufficient cause for her dismissal, highlighting potential economic risks [2][4] - This situation marks a historic attempt by a president to influence the independent Federal Reserve, with Cook being the first governor targeted for removal [3] Legal Proceedings - The Trump administration filed a response to the U.S. Court of Appeals, claiming Cook's arguments against her firing are without merit [2] - Cook has initiated legal action to block her firing, and a federal judge previously ruled that the removal was illegal, reinstating her to the board [4] Allegations and Investigations - Allegations against Cook include claims of mortgage fraud related to her property declarations, which have led to a criminal referral to the Justice Department [3][4] - The administration's justification for firing Cook is based on these allegations, although her characterization of the properties may undermine the claims [4] Economic Implications - The administration's appeal comes just before a Federal Reserve meeting where a key interest rate decision is expected, with economists predicting a quarter-point cut [5]
TDI Podcast: Schiff – Monetary Overdose (#938)
Thedisciplinedinvestor· 2025-09-14 19:30
Inflation is up and its down.We have revisions and a weakening jobs market.10yr Treasury trying to break below 4%.And a new top dog is crowned.Our guest, Peter Schiff of Europacific Global.NEW! DOWNLOAD THE AI GENERATED SHOW NOTES (Guest Segment)Peter Schiff began his investment career as a financial consultant with Shearson Lehman Brothers in 1987. A financial professional for over twenty years, he joined Euro Pacific Capital, Inc. (EPC) in 1996 and has served as its President since January 2000. Peter Sch ...