Crude oil prices fell by 4.24% yesterday. They have been continuously declining for five consecutive days since last Monday. Although there was a slight rebound in prices one day in between, the overall oil price has still dropped from $74.78 to around $67. On June 4th, OPEC+ announced an extension

In the history of the S&P 500, there have been a total of 7 instances where it experienced a decline of over 20% or more. After the decline halted, it subsequently saw a sustained upward trend lasting at least 1 year, with a promising trajectory. In 2022, the S&P 500 experienced a decline of

According to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in June is 63.8%, and the probability of a 25 basis point rate hike is 36.2%. In July, the probability of maintaining interest rates at the current level is 61.4%, the probability of a cumulative

US nears default, Biden and House Republicans prepare for crucial debt limit negotiation. Meeting scheduled for Tuesday, 3 PM US time (Wednesday, 3 AM Beijing time). Biden to meet with McCarthy, Senate Dem leader Schumer, Senate GOP leader McConnell, and House Dem leader Hakeem Jeffries. There's a l

Recent data releases, including higher-than-expected jobless claims and PPI figures, indicate a slowdown in the US economy and easing inflationary pressures. This aligns with the majority of economists' expectations of an impending recession by the end of the year. Some market predictions suggest th

Gold has risen by around 0.73% so far, with the current price oscillating around 2004. This trading day coincides with the International Labor Day, and most financial markets worldwide are closed. Meanwhile, this week will see the release of the Fed interest rate decision, ECB interest rate d

The debt ceiling in the United States is $314,000, and the original deadline for reaching the debt ceiling was August. However, analysts now suggest that the deadline may be as early as June, which increases the risk of debt default and may have a huge impact on the global economy. To avoid a debt d