US Morning News Call | Trump to Announce U.S.-UK Trade Framework
BOE Cuts Interest Rates as Trump Strikes Trade Deal With U.K.
China Galaxy Securities: The Federal Reserve kept rates unchanged as expected in May, and a rate cut may require a longer wait.
Due to the lack of economic outlook and dot plot in the May meeting, the information provided is limited, and the Federal Reserve is still inclined to a "data-dependent" approach in the short term, which also means that a rate cut is unlikely to occur in the first half of the year.
Options Plays Ahead of FOMC Rate Decision
Daxin Bank: Maintains a neutral rating on US stocks and expects the Federal Reserve to cut interest rates as early as July or September.
The Federal Reserve remains inactive once again.
PIMCO issues a recession warning for the USA again: the risks have reached the highest level in years!
① PIMCO executives warn that the risk of recession in the USA has risen to its highest point in years, noting that investors may underestimate Trump's determination to reinstate high tariffs; ② the executive indicated that the USA will not quickly lose its status as a reserve currency, but meaningful progress on the deficit issue is hard to see; ③ PIMCO is currently focusing on shorter-term USA Treasury Bonds and believes that sovereign bonds in Other regions are more attractive.
