financial news

2023-12-04 20:21:43 Goldman Sachs: The market’s forecasts for the Fed’s interest rate cuts are overdone and it is recommended to use options to make profits Goldman Sachs said financial markets are overly optimistic about how much the Federal Reserve will cut interest rates next year, giving options traders an opportunity to profit from going against … Read more

2023-11-28 01:52:44 Oil prices rise as Saudi Arabia pushes OPEC+ to cut production quotas Oil prices edged higher today after consecutive losses as the market weighed the possibility of further production cuts by OPEC+ and amid signs that global supplies are shrinking. OPEC+ de facto leader Saudi Arabia has asked other members to reduce production … Read more

2023-11-15 03:25:00 CBOT soybean futures hit 2-1/2-month high on worries about Brazilian supply CBOT soybean futures hit a 2-1/2-month high on Wednesday as soybean prices rose on concerns that bad weather would lead to production cuts in Brazil, the top soybean producer. In the past five weeks, soybean prices have risen by more than 10%. … Read more

2023-11-06 03:33:00 A-share midday review: GEM index rose more than 3%!More than 4,500 stocks rose in the two cities. The bull market standard bearer and the robot sector were among the top gainers. The major A-share indexes opened higher and moved higher. As of midday closing, the Shanghai Composite Index closed up 0.88% at 3,057 … Read more

2023-10-17 06:19:00 Recently, the China Hotel Association and Xinhuanet released the “2023 China Catering Industry Annual Report”. The report shows that the baking industry and tea beverage industry have shown a significant growth trend, and the year-on-year changes in average store revenue have increased significantly. Consumers wait in a line for tea drinks at a … Read more

2023-09-29 23:12:40 The three major U.S. stock indexes opened higher and moved lower, with the S&P 500 recording its worst monthly performance since December 2022. U.S. stocks closed with the three major stock indexes opening higher and moving lower. The Dow closed down 0.47% today, down 3.5% this month, and down 2.6% this quarter. The … Read more