News

Jinse Finance reported that U.S. stocks continued to rise, with the S&P 500 index up 1%, the Nasdaq up 1.62%, and the Dow Jones up 0.56%.

Jinse Finance reported that Morgan Stanley strategists stated that as the Federal Reserve's rate cuts are likely to exceed those of the European Central Bank, the US dollar may weaken over the next year. They pointed out that the diminishing US growth advantage is another factor putting pressure on the dollar. "Our expected slowdown in US growth reflects the lagged effects of tightening policies, a decline in net immigration inflows, relatively moderate fiscal support, and the short-term drag caused by tariff policies." In addition, ongoing uncertainty surrounding US policies on trade and the independence of the Federal Reserve also points to a weaker dollar. Meanwhile, concerns about fiscal sustainability outside the US are expected to ease.