Biggest Banks Planning to Sue the Federal Reserve Over Annual Stress Tests
European Banks Trade at Large Discount to Market, U.S. Peers -- Market Talk
Wall Street follows the guidance of the Federal Reserve, and major institutions predict a decline in US Treasury yields next year.
Wall Street is responding to messages from the Federal Reserve, predicting that even if Trump's trade and tax policies pose risks to the bond market, the short-term US Treasury yields will still decline by 2025. Strategists' forecasts are largely in agreement, believing that the 2-year Treasury yield, which is more sensitive to the Federal Reserve's interest rate policies, will decrease. They also expect that the yield will drop by at least 0.5 percentage points from its current level in 12 months. David Kelly and others from the Morgan Asset Management team stated, "Although investors might be myopically focused on the speed and extent of interest rate cuts next year, they should take a step back and consider the Federal Reserve in 2025."
Hedge funds are increasingly turning bullish, betting that the dollar will rise to 165 yen.
Leverage Funds have started to be Bullish on the US dollar against the Japanese yen, as they are building positions, betting that the currency pair will rise by 5% in the coming months. After last week's hawkish decision from the Federal Reserve and the dovish rate decision from the Bank of Japan, hedge funds have rushed into Call options trading for the US dollar against the Japanese yen. These sentiments have also negatively impacted the market's outlook on the yen, leading to a decrease in optimism regarding the yen's prospects. On December 19, following the central bank's decision, trading volume for USD/JPY on DTCC surged to over 23 billion USD, surpassing this month's previous high of approximately 15 billion USD. As of 14:19 Tokyo time on Monday, the exchange rate of USD/JPY is
Benefiting from fiscal spending and technological innovation, UBS Group has released a list of high-quality CNI Xiangmi Lake Fintech Index stocks!
UBS Group Analysts have selected the top individual stocks from four technology Sectors, with several high-quality Stocks in the CNI Xiangmi Lake Fintech Index likely to present investment opportunities in the short to medium term.
The central parity rate of the RMB against the US dollar is reported at 7.1901, up 10 basis points.
On December 20, the central parity rate of the renminbi against the US dollar was reported at 7.1901, up by 10 basis points. Barclays: The Federal Reserve may cut interest rates twice in 2025, each by 25 basis points. Barclays expects the Federal Reserve to cut interest rates twice in 2025, in March and June, each by 25 basis points. It is anticipated that in the second half of 2025, the core personal consumption expenditures (PCE) inflation level will rise again, so Barclays believes that around mid-2026 the Federal Reserve will continue to lower interest rates, expecting two cuts in that year, each by 25 basis points, adjusting the target interest Rate Range to a moderately tight 3.25% to 3.50%.
Moody's Policy Shift Fuels Hybrid Bond Growth Across Key U.S. Sectors
UBS's Global Equity Focus List: Stocks Within Financial Technology
Citigroup and Barclays Face Penalty for Naked Short Selling
BlackRock Expects BOE Rate to Settle Closer to 3% Eventually, Favors Gilts -- Market Talk
Market Chatter: Barclays Set to Increase Annual Bonuses
Reports indicate that South Korea has imposed fines on Barclays and Citigroup for naked Short Sell activities.
According to reports, South Korea has fined Barclays and Citigroup for their naked Short Sell activities, intensifying the crackdown on such illegal trading practices. Reports indicate that Barclays and Citigroup were fined 13.7 billion won (9.5 million USD) and 4.7 billion won respectively by the South Korean Securities and Futures Commission (SFC). Barclays stated it is considering a response and will continue to commit to maintaining the highest standards of professional ethics and ensuring the orderly and transparent operation of the market. Citigroup and SFC did not immediately respond to requests for comments.
The Global annual trade volume has exceeded 3 trillion dollars, and merger bankers believe that the year after Trump's inauguration will be even better.
M&A bankers are re-establishing their footing in 2024, currently watching whether Donald Trump's second term will drive or hinder the nascent recovery. According to data compiled by Bloomberg, global Trade volume has grown by 16% this year to $3.1 trillion as central banks begin to cut interest rates. Lower borrowing costs and strong stock market performance have given some companies the confidence and capital to engage in Trade, while Others have been streamlining their Business through asset sales and spin-offs, taking advantage of a more normalized environment after the COVID-19 pandemic. In recent weeks, there have been multiple billion-dollar M&A deals emerging in sectors like advertising, construction materials, and Banks, while private equity firms...
The Canadian dollar has fallen to its lowest point against the US dollar since the pandemic due to the dual impact of economic and political risks.
The Canadian dollar fell to its lowest level since March 2020, following a political crisis in the Trudeau government after the sudden resignation of the finance minister. The Canadian dollar continued its recent decline against the US dollar, dropping another 0.4% on Tuesday, breaking through the level of 1 US dollar to 1.43 Canadian dollars, reaching the lowest point since the outbreak of the pandemic. Due to poor economic performance, the government has also been unable to present a plan to address the threat of Trump's tariffs, which has led to a continuous weakening of the Canadian dollar. Barclays Forex strategist Skylar Montgomery Koning stated, "We believe the Canadian dollar will remain under pressure." Deutsche Bank strategist Michael Puempel mentioned this on the...
Sector Update: Financial Stocks Decline Premarket Tuesday
Sector Update: Financial
Barclays Loses Appeal in UK Court Over Unfair Car Loan Practices
Barclays Reportedly Loses Appeal to UK Motor Finance Ruling
The Banks in the United Kingdom are trembling! Barclays (BCS.US) lost the Autos finance case, and a huge compensation is on the way.
Barclays (BCS.US) lost a key court lawsuit on Tuesday concerning its Autos lending practices, which dealt a new blow to the banking Industry in the United Kingdom.
The European Central Bank raises the capital requirements for banks in the Eurozone to guard against geopolitical risks.
The European Central Bank has slightly raised the capital requirements for banks in the region, stating that despite ample profits, geopolitical risks have increased.