Nomura: Fed Expected to Cut Rates Twice This Year, BoJ to Raise Rates Twice
On April 20, Nomura Securities released a report predicting that the Federal Reserve will cut rates twice this year, while the European Central Bank, Bank of England, Reserve Bank of India, and Bank of Korea will keep interest rates unchanged. The Reserve Bank of Australia is expected to raise rates once, and the Bank of Japan will raise rates twice, but not immediately. Nomura noted that the fragile ceasefire agreement between the U.S. and Iran is improving market risk sentiment. Despite the high-risk edge policies, the market generally believes that both sides will eventually reach an agreement. However, given the significant gap in demands from both parties, it may take weeks or even months to finalize an agreement. In the meantime, the Strait of Hormuz may remain largely blocked.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
Crypto prices
More
