Hey Mooers! Exciting news from moomoo!
We’re thrilled to announce the launch of our inaugural Global Paper Trading Challenge, starting on October 14. Whether you’re in the US, Canada, Australia, Singapore, Malaysia, Japan, or Hong Kong, it’s your turn to shine and trade US stocks and ETFs risk-free!
What’s the Deal?
Learn. Trade. Win. This five-week challenge is designed to enhance your trading skills through simulat...

The banking industry is one of the sectors most directly affected by interest rate changes. Continuous rate hikes had triggered a regional banking crisis in early 2023, while Wednesday's rate cut may reverse many of these unfavorable factors. The impacts are multifaceted, including:
1. (Cons) Interest income may be affected, with a slight decrease in net interest margin.
Although rate cuts can reduce commercial banks' depos...

The much-anticipated rate cut decision has finally arrived, with the Federal Reserve announcing a 50 basis point rate cut! At this pivotal moment, investors need to have a deeper understanding of the background and impact of rate cuts.
Since March 2022, in a bid to curb inflation, the Fed has hiked rates 11 times, bringing it to the current range of 5.25%-5.50%. Now that inflation is under control, the calls for a rate cut are growin...