Today’s Trading Prospects
RBA interest rate decision
Fed officials speak: New York Fed President John Williams, Kansas Fed President Esther George, Cleveland Fed President Loretta Mester
U.S. Durable Goods Orders, Factory Orders, JOLTs Job Openings in August
U.S. plans to issue China ban on high-end AI chips this week
A number of foreign media reported on Monday (3rd) that the U.S. Department of Commerce is expected to issue a series of new regulations this week to expand controls on the export of U.S. semiconductor technology to China, in an attempt to prevent China from obtaining products used in supercomputers and semiconductors. Data center chips.Read the full article…
Federal Reserve Bank of New York President: The road to tightening interest rates is still long before reaching restrictive levels
New York Fed President John Williams said on Monday (3rd) that underlying inflation pressures remain high even if there are first signs of a cooling in inflation, and the Federal Reserve has not raised interest rates to a restrictive level. level, there is still a long way to go in the future.Read the full article…
Moody’s: Debt default rate of companies in Europe and the United States may exceed 6% next year
According to a report by Bloomberg on Monday (3rd), Moody’s Investors Service, an international credit rating agency, said that the proportion of companies unable to repay their debts on time next year could more than double due to a liquidity crunch and a deteriorating trading environment.Read the full article…
Sharp decline in consumer demand, sea freight orders no longer hot
U.S. financial media CNBC reported on Monday (3rd) that logistics executives said that the sharp decline in consumer demand has been reflected in ocean freight, with orders for ocean freight falling 20% in September and October, with the decline in demand involving many products, including machinery, housing, Industry and Apparel. Logistics executives also pointed out that this was due to excess inventory and unclear consumer demand.Read the full article…