Home > Articles posted by Perry To (Page 26)
FEATURE
on Mar 11, 2024

  Britain’s financial regulator on Monday approved the launch of cryptocurrency-backed exchange-traded notes for professional investors, becoming the latest regulator to allow digital asset products while trying to protect retail investors.The Financial Conduct Authority (FCA) said in a statement that such products – bonds issued by financial institutions that track the performance of the underlying assets – will only be available to investment firms and credit institutions authorized to operate in financial markets.The FCA said the ban on cryptocurrency exchange-traded notes (ETNs) and derivatives for retail investors will remain in place, calling it “unsuitable” because “they can cause harm.”The London Stock Exchange said in a separate statement on Monday that it will accept applications for admission to Bitcoin and Ethereum ETNs starting in the second quarter of this year.In recent months, the U.S. Securities and Exchange Commission (SEC) has approved a Bitcoin spot exchange-traded fund, while calling the token a “speculative, volatile asset and used for illegal activities” and urging investors to exercise caution. Crypto markets have surged in recent months. .Bitcoin hit an all-time high above $70,600 on Monday, driven by an influx of cash into Bitcoin ETFs and expectations that the Federal Reserve will cut interest rates soon.The FCA said that with “deeper insights and data from longer-term trading history,” professional investors can better determine whether cryptocurrency ETNs meet their risk appetite. The exchange said it must ensure orderly trading and protect investors.However, the FCA reiterated warnings from recent years, saying cryptocurrencies are “highly risky and largely unregulated” and that investors could “lose all their money.”Jake Green, global head of financial regulation at law firm Ashurst, said the FCA’s stance on cryptocurrencies and retail investors was in a “state of flux”.He said the regulator “clearly doesn’t want to get close” to the idea that “retail investors can buy cryptocurrencies in the form of FCA-regulated financial instruments”.

FEATURE
on Mar 11, 2024

 英国金融监管机构周一批准为专业投资者推出加密货币支持的交易所交易票据,成为最新一个允许数位资产产品同时试图保护散户投资者的监管机构。英国金融市场行为监理局(FCA)在声明中表示,此类产品——由追踪基础资产表现的金融机构发行的债券——将只提供给获准在金融市场营运的投资公司和信贷机构。FCA 表示,针对散户投资者的加密货币交易所交易票据(ETN)和衍生品的禁令将继续保留,并称其“不适合”,因为“它们会造成伤害”。伦敦证券交易所周一在另一份声明中表示,将从今年第二季开始接受比特币和以太坊 ETN 的入场申请。近几个月来,美国证券交易委员会(SEC)批准了比特币现货交易所交易基金,同时呼吁该代币是「投机性、波动性资产,也用于非法活动」并敦促投资者谨慎行事, 加密市场近几个月出现飙升。 。受大量现金涌入比特币 ETF 以及联准会将很快降息的预期推动,比特币周一触及 70,600 美元上方的历史新高。FCA 表示,凭借“更长期的交易历史中的更深入的洞察和数据”,专业投资者可以更好地确定加密货币 ETN 是否满足他们的风险偏好。 交易所表示,必须确保交易有序并保护投资者。然而,FCA 重申近年来的警告,表示加密货币“风险高且基本上不受监管”,投资者可能“损失所有资金”。Ashurst 律师事务所金融监理全球主管 Jake Green 表示,FCA 对加密货币和散户投资者的立场处于「不断变化的状态」。他表示,监管机构「显然不想接近」「散户可以以 FCA 监管的金融工具的形式购买加密货币」的想法。

FEATURE
on Mar 11, 2024

英國金融監管機構週一批准為專業投資者推出加密貨幣支持的交易所交易票據,成為最新一個允許數位資產產品同時試圖保護散戶投資者的監管機構。英國金融市場行為監理局(FCA)在聲明中表示,此類產品——由追蹤基礎資產表現的金融機構發行的債券——將只提供給獲准在金融市場營運的投資公司和信貸機構。FCA 表示,針對散戶投資者的加密貨幣交易所交易票據(ETN)和衍生品的禁令將繼續保留,並稱其“不適合”,因為“它們會造成傷害”。倫敦證券交易所週一在另一份聲明中表示,將從今年第二季開始接受比特幣和以太坊 ETN 的入場申請。近幾個月來,美國證券交易委員會(SEC)批准了比特幣現貨交易所交易基金,同時呼籲該代幣是「投機性、波動性資產,也用於非法活動」並敦促投資者謹慎行事,加密市場近幾個月出現飆升。 。受大量現金湧入比特幣 ETF 以及聯準會將很快降息的預期推動,比特幣週一觸及 70,600 美元上方的歷史新高。FCA 表示,憑藉“更長期的交易歷史中的更深入的洞察和數據”,專業投資者可以更好地確定加密貨幣 ETN 是否滿足他們的風險偏好。 交易所表示,必須確保交易有序並保護投資者。然而,FCA 重申近年來的警告,表示加密貨幣“風險高且基本上不受監管”,投資者可能“損失所有資金”。Ashurst 律師事務所金融監理全球主管 Jake Green 表示,FCA 對加密貨幣和散戶投資者的立場處於「不斷變化的狀態」。他表示,監管機構「顯然不想接近」「散戶可以以 FCA 監管的金融工具的形式購買加密貨幣」的想法。

FEATURE
on Mar 11, 2024

The gold price was unstoppable last week. It broke clear the December high of 2088 and surpassed the historical high of 2147. On Friday, even with better-than-expected US non-farm payroll data, it continued to rise before the market closed, reaching a new all-time high of 2195. This week, the US will release core CPI and retail sales data on Tuesday and Thursday, if inflation slows down and the data disappoints, we can expect the gold price to continue its upward movement.

1-hr Chart – The gold price was rejected by 2190(1) again during the Asian session today. Since breaking through the resistance at 2147-2150 last week, an S-T upward channel(3) has formed in the past 48 hours. If the gold price breaks below the upward channel(3) after Tuesday’s data, the trading range can be set between 2155-85(2).

Daily Chart – After breaking through the December high of 2088 (4) last week, gold officially began its uptrend. The upside target 2190, estimated based on the previous consolidation range of 1:1 (4.1), has been reached. As the gold price is approaching the upper resistance of the M-T upward channel(5), the gold price has pullback(6) before the market closed on Friday. Keep an eye out; it would be the first signal of another surge if the gold price closes above 2178 on the daily chart in the next 2 days. Otherwise, a retreatment toward 2147-50 will begin.

P. To

FEATURE
on Mar 11, 2024

金价上周势不可档,周一先突破12月尾高位2088,周四再升穿历史高位2147,而周五就算美国非农公布比预期更好,数据消化后在收市前亦继续冲高,做出历史新高2195,全周收盘在2178。本周二、四美国将公布核心CPI及零售销售数据,若通胀放缓及数据做差,金价将继续走高。

1小时图 – 今早亚盘金价再试2190后未有突破,现时阻力在2190(1)。自上周突破2147-50阻力后,过去48小时刚形成了短暂的上升通道(3),若周二数据后,金价脱离上升通道(3),交易区间可定在2155-85(2)。

日线图 – 黄金自上周突破12月高位2088(4)后升势正式开始,以早前调整区间1比1作估算(4.1),目标2190已到。金价中线走势现时已接近上升通道(5)顶部。上周五黄金冲高回落(6),留意未来48小时若金价收盘在2178之上,会是金价继续冲高的第一个讯号;否则初步回落且标可定在2147-50。

P. To

FEATURE
on Mar 11, 2024

金價上週勢不可檔,週一先突破12月尾高位2088,週四再升穿歷史高位2147,而週五就算美國非農公佈比預期更好,數據消化後在收市前亦繼續沖高,做出歷史新高2195,全週收盤在2178。本週二、四美國將公佈核心CPI及零售銷售數據,若通脹放緩及數據做差,金價將繼續走高。

1小時圖 – 今早亞盤金價再試2190後未有突破,現時阻力在2190(1)。自上週突破2147-50阻力後,過去48小時剛形成了短暫的上升通道(3),若週二數據後,金價脫離上升通道(3),交易區間可定在2155-85(2)。

日線圖 – 黃金自上週突破12月高位2088(4)後升勢正式開始,以早前調整區間1比1作估算(4.1),目標2190已到。金價中線走勢現時已接近上升通道(5)頂部。上週五黃金沖高回落(6),留意未來48小時若金價收盤在2178之上,會是金價繼續沖高的第一個訊號;否則初步回落且標可定在2147-50。

P. To

FEATURE
on Mar 7, 2024

 U.S. job openings fell slightly in January, while hiring also declined as labor market conditions continued to gradually ease. Job openings, a measure of labor demand, fell by 26,000 to 8.863 million on the last day of January, the U.S. Department of Labor’s Bureau of Labor Statistics said Wednesday in its monthly Job Openings and Labor Turnover Survey (JOLTS) report.December’s data was revised downward to show 8.889 million job openings, instead of the 9.026 million previously reported. Economists predict there will be 8.9 million job openings in January. In March 2022, job vacancies peaked at a record 12 million. Recruitment fell by 100,000 jobs to 5,687,000. The number of resignations in January was 3.385 million, a decrease of 54,000.In prepared remarks to lawmakers on Wednesday, Federal Reserve Chairman Jerome Powell said the Fed expected to begin cutting interest rates this year, but warned that there was uncertainty about the economic outlook and that continued progress toward the 2% inflation target was unlikely. uncertain. Since March 2022, the Federal Reserve has raised its policy interest rate by 525 basis points to the current range of 5.25%-5.50%. The Labor Department is expected to report Friday that nonfarm payrolls rose by 200,000 in February, according to a survey of economists. The economy added 353,000 jobs in January. Job growth has slowed from the strong pace in 2022, but wage gains are well above the roughly 100,000 jobs needed each month to keep up with growth in the working-age population. The unemployment rate is expected to remain unchanged at 3.7%, with annual wage growth slowing to 4.4% from 4.5% in January.

FEATURE
on Mar 7, 2024

         美国一月职缺小幅下降,而随着劳动市场状况持续逐步缓解,招募人数也有所下降。 美国劳工部劳工统计局周三在其月度职位空缺和劳动力流动率调查(JOLTS)报告中表示,1 月份最后一天,衡量劳动力需求的职位空缺减少了 26,000 个,至 886.3 万个。         12 月的数据被下调,显示空缺职位为 888.9 万,而不是先前报告的 902.6 万。 经济学家预测 1 月将有 890 万个职缺。 2022 年 3 月,职缺达到创纪录的 1,200 万个高峰。 招募人数减少 10 万个,至 5,68.7 万个。 1月辞职人数为338.5万人,减少5.4万人。         联准会主席鲍威尔周三在向议员发表的事先准备好的讲话中表示,联准会预计今年将开始降息,但他警告称,经济前景存在不确定性,实现2% 通膨目标的持续进展 并不确定。 自2022年3月以来,联准会已将政策利率调高525个基点至目前的5.25%-5.50%区间。 预计美国劳工部周五将报告称,根据经济学家的调查,2 月非农业就业人数将增加 20 万人。 1月经济增加了353,000个职位。 就业成长较 2022 年的强劲步伐放缓,但薪资增幅远高于每月所需的约 10 万个就业岗位,以跟上劳动年龄人口的增长。 失业率预计维持在 3.7% 不变,年工资成长率从 1 月的 4.5% 放缓至 4.4%。

FEATURE
on Mar 7, 2024

        美國一月職缺小幅下降,而隨著勞動市場狀況持續逐步緩解,招募人數也有所下降。美國勞工部勞工統計局週三在其月度職位空缺和勞動力流動率調查(JOLTS)報告中表示,1 月份最後一天,衡量勞動力需求的職位空缺減少了 26,000 個,至 886.3 萬個。        12 月的數據被下調,顯示空缺職位為 888.9 萬,而不是先前報告的 902.6 萬。 經濟學家預測 1 月將有 890 萬個職缺。 2022 年 3 月,職缺達到創紀錄的 1,200 萬個高峰。招募人數減少 10 萬個,至 5,68.7 萬個。1月辭職人數為338.5萬人,減少5.4萬人。        聯準會主席鮑威爾週三在向議員發表的事先準備好的講話中表示,聯準會預計今年將開始降息,但他警告稱,經濟前景存在不確定性,實現2% 通膨目標的持續進展並不確定。 自2022年3月以來,聯準會已將政策利率調高525個基點至目前的5.25%-5.50%區間。預計美國勞工部週五將報告稱,根據經濟學家的調查,2 月非農業就業人數將增加 20 萬人。 1月經濟增加了353,000個職位。就業成長較 2022 年的強勁步伐放緩,但薪資增幅遠高於每月所需的約 10 萬個就業崗位,以跟上勞動年齡人口的增長。失業率預計維持在 3.7% 不變,年工資成長率從 1 月的 4.5% 放緩至 4.4%。

FEATURE
on Mar 4, 2024

 根据官方媒体报道,中国国务院周五批准了一项旨在促进大规模装备升级和消费品销售的计划。 该计划是在最近的共产党会议上概述的,是中国为提振经济而采取的一系列措施之一,自 COVID-19 大流行以来,中国经济一直复苏疲软。 内阁表示,政府将推出新的推动措施,促进消费品以旧换新。         官方媒体引述国务院总理李强主持的内阁会议的话说:“我们要抓紧完善规划,精心组织实施,推动先进产能比重不断提高。”“更多优质耐用消费品将进入居民生活。”         法国兴业银行分析师估计,在 2009 年至 2011 年的类似计画中,政府向家电购买者提供了约 400 亿元人民币(56 亿美元)的补贴。 分析师在一份报告中表示:“仅根据更大的GDP 规模进行调整,补贴​​到2024 年至少需要达到600 亿元,才能达到上一轮的水平。”“投资将继续受到财政的大力支持 。”         中国人大预计将在周二开始的年度会议上公布旨在稳定增长的温和刺激计划,但可能会让那些呼吁制定详细路线图、采取大胆措施解决中国深度结构性失衡的人感到失望。