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20:03
SpaceX shares surged 20%, increasing its total market value by 412 billion dollars.
As a commercial giant in the aerospace sector, SpaceX’s recent progress in key business segments such as Starlink deployment and Starship development has been widely recognized by the market. This substantial increase in its share price also reflects the capital market’s optimistic outlook on its future development prospects.
19:46
The Central Bank of Zimbabwe announces a reduction in its policy rate from 35% to 30%.
The adjustment of the policy interest rate this time is a monetary policy change made by Zimbabwean monetary authorities based on various factors such as the current state of the national economy and inflation trends. The implementation of this policy will subsequently have corresponding impacts on the local credit environment and market financing costs.
19:41
Citadel Securities: Rising interest rates will pose challenges for risk assets, and the Federal Reserve could raise rates as early as September.
The company's Head of Fixed Income Sales for Europe, the Middle East, and Africa, Nohshad Shah, stated that the current market environment resembles a combination of the internet bubble at the turn of the century and the oil-driven inflation shock of the 1970s. Read more
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