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Asia Markets Surge on China's U.S. Trade Talk Signals; U.S. Futures Steady After Apple, Amazon Earnings
Asia-Pacific Markets Rise in Thin Holiday Trade After BOJ Stands Pat, U.S Futures Rise Amid Robust Earnings From Two Major Tech Giants
Asia-Pacific Markets Muted as Investors Digest Series of Key Economic Data in the Region
Trump has criticized Powell again, this time without naming him.
A week after claiming he had no intention of firing Powell, Trump again publicly criticized the Federal Reserve, stating, "We have a Federal Reserve that is not performing well," and believes he understands interest rates "better than he does."
Asian Markets Mostly Higher With Earnings on Deck
A JPMorgan survey indicates that the S&P 500 Index has peaked this year, but investors remain bullish on the Magnificent 7.
① A JPMorgan survey shows that 93% of investors believe the S&P 500 Index will hover around 6000 points or lower in the next 12 months, with 40% expecting it to remain within the 5000-5500 points Range; ② Respondents unanimously believe that trade wars and tariff uncertainties will trigger economic consequences, with 61% expecting the USA economy to face stagflation in the next 12 months.