`Unicorn' Soft Landing Possible If Fed Cuts Gradually, Principal Asset Management Says

Principal Asset Management's Seema Shah says the US could see a "unicorn soft landing" if the Federal Reserve delivers gradual rate-cuts starting in September. Speaking on Bloomberg TV, she adds that in that scenario "risk assets can do fairly well."

Moomoo News06:15 ET

This is the United States in 1971, with comprehensive 10% tariffs, depreciation of the US dollar against gold, and pressure on the appreciation of the German and Japanese currencies... This caused a great market turbulence around the world afterward.

As the probability of Trump's victory increases, his policy proposals have also attracted attention, especially the two weapons of "devaluation of the dollar" and "raising tariffs".

wallstreetcn05:35 ET

Silicon Valley 'Quite Happy' With JD Vance as Trump's Running Mate: VP Bank CIO

Felix Brill, CIO of VP Bank, discusses the 'Trump trade' effect and also says "some guys in Silicon Valley are quite happy" about Donald Trump's pick of Senator JD Vance as his running mate in the 2024 presidential race.

Bloomberg03:02 ET

U.S. Yield Curve Steepens on Rising Odds of Trump Presidency

0609 GMT - The U.S. Treasury yield curve is steepening, primarily led by the long end, as chances for a Donald Trump presidency spike, putting fiscal concerns high on the market's agenda Hauke

WSJ02:28 ET

MetalsFocus: The US dollar is expected to continue to remain strong, and precious metals prices may retreat moderately during the summer.

MetalsFocus pointed out that due to the interest rate differential still benefiting the US dollar, the US dollar is expected to continue to remain strong in the near future. In addition, considering the relatively fast rise in precious metal prices over the past three months, precious metal prices may experience a moderate pullback during the summer.

Zhitong Finance01:57 ET

The Trump Trade

The US markets may have had a mild reaction to the assassination attempt on Donald Trump at a rally in Pennsylvania at the weekend, however, there are long term ramifications for financial markets, particularly in Europe.

FXStreet16:45 ET