According to the International Monetary Fund's (IMF) October report, global economic growth is expected to reach 3.2% in both 2024 and 2025, with the 2025 forecast being revised down by 0.1 percentage points compared to the July forecast. United States Breaking it down by major economies, ...

Following the Federal Reserve cut rate by 50 basis points in September, the November monetary policy decision is approaching, and Federal Reserve officials will enter a blackout period after October 26. Below is a summary of key remarks from Fed officials following the September monetary policy meet...

On October 21, gold futures on the New York Mercantile Exchange closed at $2,734.50, continuing to reach new all-time highs. As one of the world's primary safe-haven assets, gold has risen by over 30% so far this year. This increase mainly reflects the fact that major global economies have entere...

The People’s Bank of China (PBoC) announced on October 21 a reduction of both the 1-year and 5-year Loan Prime Rates (LPR) by 25 basis points each, bringing them to 3.1% and 3.6%, respectively. Read more at Datatrack   In mid-September, the PBoC launched a series of large-scale monetar...

Last week, following TSMC's release of better-than-expected third-quarter earnings, the U.S. S&P 500 index hit a new record high. In the bond market, U.S. Treasury yields remained largely unchanged, with the 10-year minus 2-year yield spread holding at 13 bps. Meanwhile, the U.S. dollar index co...