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2021-06-24

Hmmm very interesting,…

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2021-06-24

Anger!!!!

Fannie-Freddie Ruling Marks Latest Blow to Funds in Doomed Trade

2021-06-24

Yes!

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2021-06-23

Not nice

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2021-06-23

Good

Asian currencies gain as Fed reassures on rates; Thai cbank in focus

2021-06-23

Good

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2021-06-23

Hmm

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Co., Blackstone Group Inc.’s credit unit, Discovery Capital Management and Pershing Square are among investors that have bet on a massive jump in value for the government-sponsored enterprises.</p>\n<p>Those wagers went south on Wednesday after the court rejected claims that the Federal Housing Finance Agency exceeded its authority in collecting more than $100 billion in profits from the enterprises. Freddie Mac shares sunk 37%, while Fannie Mae preferred shares favored by many investors slid about 62%.</p>\n<p>Capital Group was likely among the big losers Wednesday. The $2.4 trillion mutual fund company increased its wagers in Fannie Mae last year, according to public filings, even as some hedge funds trimmed or exited their holdings following then-President Donald Trump’s election defeat.</p>\n<p>If Capital Group held the same number of Fannie Mae preferred shares reported as of May 31, it would have lost about $280 million on Wednesday alone. If it held the same number of common shares as it did at the end of the first quarter, it would have erased an additional $100 million.</p>\n<p>A Capital Group spokeswoman declined to comment.</p>\n<p>Rob Citrone’s Discovery trimmed its position after Trump lost, according to an investor in the firm, though still held on to some of its stake ahead of the court ruling. Today’s drop means Discovery is slightly underwater on its investment, the person said.</p>\n<p>Bill Ackman’s Pershing Square also continued to hold shares, according to statements he made to investors this year.</p>\n<p>Representatives for Citrone and Ackman declined to comment.</p>\n<p>In March, Ackman told investors that if the Supreme Court ruled in shareholders’ favor, it would be “a game-changing event.” He added then that regardless of the decision, “our investment in the GSEs is a valuable perpetual option on their eventual exit from conservatorship due to their widely acknowledged irreplaceable role in the U.S. housing finance system.” He reiterated these comments in May.</p>\n<p>For at least a decade, investors have pinned their hopes on Fannie Mae and Freddie Mac shedding government control.</p>\n<p>Kyle Bass, whose Hayman Capital made winning bets against U.S. subprime mortgages, predicted at a conference in 2011 that buying the preferred shares could be “an eight to 10-bagger from here.”</p>\n<p>While the GSEs have remained under government sponsorship in the wake of the 2008 financial crisis, there have been chances to make money.</p>\n<p>The price of Fannie Mae preferred shares traded as low as 31 cents in July 2010 and as high as $13.90 in June 2019 amid optimism that the Trump administration would resolve their status.</p>\n<p>In their ruling Wednesday, however, the Supreme Court justices sent the case back to the lower court where investors may be able to collect damages. Yet that decision means shareholders “can’t recover the bulk of the overpayments they sought,” said Bloomberg Intelligence analyst Elliott Stein.</p>\n<p>For those investors still hanging on, the wait could be long. President Joe Biden may be in no rush to free Fannie and Freddie in part because they are a linchpin in one of his top goals -- eliminating economic inequities.</p>\n<p>Keeping the enterprises under government control will make it easier for them to extend mortgage financing to underserved communities.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fannie-Freddie Ruling Marks Latest Blow to Funds in Doomed Trade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFannie-Freddie Ruling Marks Latest Blow to Funds in Doomed Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/fannie-freddie-ruling-marks-latest-223119876.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- A plunge in Fannie Mae and Freddie Mac shares after a Supreme Court ruling marked one of the biggest setbacks yet in a disappointing decade for funds that wagered that these entities ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fannie-freddie-ruling-marks-latest-223119876.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNMA":"房利美","FMCC":"房地美"},"source_url":"https://finance.yahoo.com/news/fannie-freddie-ruling-marks-latest-223119876.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166311858","content_text":"(Bloomberg) -- A plunge in Fannie Mae and Freddie Mac shares after a Supreme Court ruling marked one of the biggest setbacks yet in a disappointing decade for funds that wagered that these entities would one day exit federal control.\nCapital Group, Fairholme Capital Management, Paulson & Co., Blackstone Group Inc.’s credit unit, Discovery Capital Management and Pershing Square are among investors that have bet on a massive jump in value for the government-sponsored enterprises.\nThose wagers went south on Wednesday after the court rejected claims that the Federal Housing Finance Agency exceeded its authority in collecting more than $100 billion in profits from the enterprises. Freddie Mac shares sunk 37%, while Fannie Mae preferred shares favored by many investors slid about 62%.\nCapital Group was likely among the big losers Wednesday. The $2.4 trillion mutual fund company increased its wagers in Fannie Mae last year, according to public filings, even as some hedge funds trimmed or exited their holdings following then-President Donald Trump’s election defeat.\nIf Capital Group held the same number of Fannie Mae preferred shares reported as of May 31, it would have lost about $280 million on Wednesday alone. If it held the same number of common shares as it did at the end of the first quarter, it would have erased an additional $100 million.\nA Capital Group spokeswoman declined to comment.\nRob Citrone’s Discovery trimmed its position after Trump lost, according to an investor in the firm, though still held on to some of its stake ahead of the court ruling. Today’s drop means Discovery is slightly underwater on its investment, the person said.\nBill Ackman’s Pershing Square also continued to hold shares, according to statements he made to investors this year.\nRepresentatives for Citrone and Ackman declined to comment.\nIn March, Ackman told investors that if the Supreme Court ruled in shareholders’ favor, it would be “a game-changing event.” He added then that regardless of the decision, “our investment in the GSEs is a valuable perpetual option on their eventual exit from conservatorship due to their widely acknowledged irreplaceable role in the U.S. housing finance system.” He reiterated these comments in May.\nFor at least a decade, investors have pinned their hopes on Fannie Mae and Freddie Mac shedding government control.\nKyle Bass, whose Hayman Capital made winning bets against U.S. subprime mortgages, predicted at a conference in 2011 that buying the preferred shares could be “an eight to 10-bagger from here.”\nWhile the GSEs have remained under government sponsorship in the wake of the 2008 financial crisis, there have been chances to make money.\nThe price of Fannie Mae preferred shares traded as low as 31 cents in July 2010 and as high as $13.90 in June 2019 amid optimism that the Trump administration would resolve their status.\nIn their ruling Wednesday, however, the Supreme Court justices sent the case back to the lower court where investors may be able to collect damages. Yet that decision means shareholders “can’t recover the bulk of the overpayments they sought,” said Bloomberg Intelligence analyst Elliott Stein.\nFor those investors still hanging on, the wait could be long. President Joe Biden may be in no rush to free Fannie and Freddie in part because they are a linchpin in one of his top goals -- eliminating economic inequities.\nKeeping the enterprises under government control will make it easier for them to extend mortgage financing to underserved communities.","news_type":1,"symbols_score_info":{"FMCC":0.9,"FNMA":0.9}},"isVote":1,"tweetType":1,"viewCount":2133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121749804,"gmtCreate":1624493661108,"gmtModify":1703838169356,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586517651317278","idStr":"3586517651317278"},"themes":[],"htmlText":"Yes!","listText":"Yes!","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121749804","repostId":"2145156570","repostType":4,"isVote":1,"tweetType":1,"viewCount":1688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123544523,"gmtCreate":1624431745762,"gmtModify":1703836493915,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586517651317278","idStr":"3586517651317278"},"themes":[],"htmlText":"Not nice","listText":"Not nice","text":"Not nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123544523","repostId":"2145066117","repostType":4,"isVote":1,"tweetType":1,"viewCount":2218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123544199,"gmtCreate":1624431713311,"gmtModify":1703836493431,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586517651317278","idStr":"3586517651317278"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123544199","repostId":"2145985100","repostType":4,"repost":{"id":"2145985100","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624430274,"share":"https://ttm.financial/m/news/2145985100?lang=en_US&edition=fundamental","pubTime":"2021-06-23 14:37","market":"sh","language":"en","title":"Asian currencies gain as Fed reassures on rates; Thai cbank in focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2145985100","media":"Reuters","summary":"June 23 (Reuters) - Thailand's baht came off a nine-month low on Wednesday and the Philippine peso s","content":"<p>June 23 (Reuters) - Thailand's baht came off a nine-month low on Wednesday and the Philippine peso snapped a six-day losing run, after U.S. Federal Reserve Chairman Jerome Powell said the central bank would not raise interest rates too quickly.</p>\n<p>The baht firmed 0.4% and Thai stocks inched higher, as investors also awaited a Bank of Thailand meeting where the central bank is expected to leave interest rates at a record low and cut its growth forecast.</p>\n<p>The tourism-reliant nation has seen revenues plummet over the last year due to the pandemic, prompting Prime Minister Prayuth Chan-ocha to announce a plan last week to gradually reopen Thailand to visitors within 120 days to revive the economy.</p>\n<p>\"The Bank of Thailand's comments on the reopening of the country will be key today,\" said Sunthorn Thongthip, a strategist with Kasikorn Securities, adding that investors will be looking at what it says about the economic impact of that.</p>\n<p>Shares in the Philippines and Singapore led the way for emerging Asian stock markets, after Powell reaffirmed on Tuesday the Fed's intent to encourage a \"broad and inclusive\" recovery of the job market and to not hike rates too quickly based only on the fear of coming inflation.</p>\n<p>Among currencies, the South Korean won rose 0.5%, while Indonesia's rupiah and Malaysia's ringgit also advanced modestly.</p>\n<p>Emerging market assets, generally considered riskier investments, suffered broad losses since last week after the dollar rose when the Fed indicated it may raise rates earlier than expected and signalled tapering its bond buying programme.</p>\n<p>\"Markets may have assessed Powell's testimony as reassuring,\" said Yeap Jun Rong, a strategist at IG Markets.</p>\n<p>Manila stocks were up 0.7% and the peso firmed 0.3%. Philippines' central bank is also widely expected to maintain record low rates in its meeting on Thursday.</p>\n<p>HIGHLIGHTS</p>\n<ul>\n <li>Thailand's 10-year government bond yields are down 1 basis points at 1.66%.</li>\n <li>Malaysia's 10-year benchmark yield is down 1.4 basis points at 3.282%.</li>\n</ul>\n<p>(Reporting by Soumyajit Saha in Bengaluru; Editing by Muralikumar Anantharaman)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asian currencies gain as Fed reassures on rates; Thai cbank in focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsian currencies gain as Fed reassures on rates; Thai cbank in focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-23 14:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 23 (Reuters) - Thailand's baht came off a nine-month low on Wednesday and the Philippine peso snapped a six-day losing run, after U.S. Federal Reserve Chairman Jerome Powell said the central bank would not raise interest rates too quickly.</p>\n<p>The baht firmed 0.4% and Thai stocks inched higher, as investors also awaited a Bank of Thailand meeting where the central bank is expected to leave interest rates at a record low and cut its growth forecast.</p>\n<p>The tourism-reliant nation has seen revenues plummet over the last year due to the pandemic, prompting Prime Minister Prayuth Chan-ocha to announce a plan last week to gradually reopen Thailand to visitors within 120 days to revive the economy.</p>\n<p>\"The Bank of Thailand's comments on the reopening of the country will be key today,\" said Sunthorn Thongthip, a strategist with Kasikorn Securities, adding that investors will be looking at what it says about the economic impact of that.</p>\n<p>Shares in the Philippines and Singapore led the way for emerging Asian stock markets, after Powell reaffirmed on Tuesday the Fed's intent to encourage a \"broad and inclusive\" recovery of the job market and to not hike rates too quickly based only on the fear of coming inflation.</p>\n<p>Among currencies, the South Korean won rose 0.5%, while Indonesia's rupiah and Malaysia's ringgit also advanced modestly.</p>\n<p>Emerging market assets, generally considered riskier investments, suffered broad losses since last week after the dollar rose when the Fed indicated it may raise rates earlier than expected and signalled tapering its bond buying programme.</p>\n<p>\"Markets may have assessed Powell's testimony as reassuring,\" said Yeap Jun Rong, a strategist at IG Markets.</p>\n<p>Manila stocks were up 0.7% and the peso firmed 0.3%. Philippines' central bank is also widely expected to maintain record low rates in its meeting on Thursday.</p>\n<p>HIGHLIGHTS</p>\n<ul>\n <li>Thailand's 10-year government bond yields are down 1 basis points at 1.66%.</li>\n <li>Malaysia's 10-year benchmark yield is down 1.4 basis points at 3.282%.</li>\n</ul>\n<p>(Reporting by Soumyajit Saha in Bengaluru; Editing by Muralikumar Anantharaman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145985100","content_text":"June 23 (Reuters) - Thailand's baht came off a nine-month low on Wednesday and the Philippine peso snapped a six-day losing run, after U.S. Federal Reserve Chairman Jerome Powell said the central bank would not raise interest rates too quickly.\nThe baht firmed 0.4% and Thai stocks inched higher, as investors also awaited a Bank of Thailand meeting where the central bank is expected to leave interest rates at a record low and cut its growth forecast.\nThe tourism-reliant nation has seen revenues plummet over the last year due to the pandemic, prompting Prime Minister Prayuth Chan-ocha to announce a plan last week to gradually reopen Thailand to visitors within 120 days to revive the economy.\n\"The Bank of Thailand's comments on the reopening of the country will be key today,\" said Sunthorn Thongthip, a strategist with Kasikorn Securities, adding that investors will be looking at what it says about the economic impact of that.\nShares in the Philippines and Singapore led the way for emerging Asian stock markets, after Powell reaffirmed on Tuesday the Fed's intent to encourage a \"broad and inclusive\" recovery of the job market and to not hike rates too quickly based only on the fear of coming inflation.\nAmong currencies, the South Korean won rose 0.5%, while Indonesia's rupiah and Malaysia's ringgit also advanced modestly.\nEmerging market assets, generally considered riskier investments, suffered broad losses since last week after the dollar rose when the Fed indicated it may raise rates earlier than expected and signalled tapering its bond buying programme.\n\"Markets may have assessed Powell's testimony as reassuring,\" said Yeap Jun Rong, a strategist at IG Markets.\nManila stocks were up 0.7% and the peso firmed 0.3%. Philippines' central bank is also widely expected to maintain record low rates in its meeting on Thursday.\nHIGHLIGHTS\n\nThailand's 10-year government bond yields are down 1 basis points at 1.66%.\nMalaysia's 10-year benchmark yield is down 1.4 basis points at 3.282%.\n\n(Reporting by Soumyajit Saha in Bengaluru; Editing by Muralikumar Anantharaman)","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1886,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123544065,"gmtCreate":1624431680257,"gmtModify":1703836492947,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586517651317278","idStr":"3586517651317278"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123544065","repostId":"1120218733","repostType":4,"isVote":1,"tweetType":1,"viewCount":1747,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123545395,"gmtCreate":1624431625717,"gmtModify":1703836492454,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586517651317278","idStr":"3586517651317278"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123545395","repostId":"2145968037","repostType":2,"isVote":1,"tweetType":1,"viewCount":1517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":121774550,"gmtCreate":1624494242870,"gmtModify":1703838194481,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586517651317278","authorIdStr":"3586517651317278"},"themes":[],"htmlText":"Hmmm very interesting,…","listText":"Hmmm very interesting,…","text":"Hmmm very interesting,…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121774550","repostId":"2145016022","repostType":4,"isVote":1,"tweetType":1,"viewCount":2416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121775556,"gmtCreate":1624494218275,"gmtModify":1703838193180,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586517651317278","authorIdStr":"3586517651317278"},"themes":[],"htmlText":"Anger!!!!","listText":"Anger!!!!","text":"Anger!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121775556","repostId":"1166311858","repostType":4,"repost":{"id":"1166311858","kind":"news","pubTimestamp":1624493632,"share":"https://ttm.financial/m/news/1166311858?lang=en_US&edition=fundamental","pubTime":"2021-06-24 08:13","market":"us","language":"en","title":"Fannie-Freddie Ruling Marks Latest Blow to Funds in Doomed Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=1166311858","media":"Bloomberg","summary":"(Bloomberg) -- A plunge in Fannie Mae and Freddie Mac shares after a Supreme Court ruling marked one","content":"<p>(Bloomberg) -- A plunge in Fannie Mae and Freddie Mac shares after a Supreme Court ruling marked one of the biggest setbacks yet in a disappointing decade for funds that wagered that these entities would one day exit federal control.</p>\n<p>Capital Group, Fairholme Capital Management, Paulson &amp; Co., Blackstone Group Inc.’s credit unit, Discovery Capital Management and Pershing Square are among investors that have bet on a massive jump in value for the government-sponsored enterprises.</p>\n<p>Those wagers went south on Wednesday after the court rejected claims that the Federal Housing Finance Agency exceeded its authority in collecting more than $100 billion in profits from the enterprises. Freddie Mac shares sunk 37%, while Fannie Mae preferred shares favored by many investors slid about 62%.</p>\n<p>Capital Group was likely among the big losers Wednesday. The $2.4 trillion mutual fund company increased its wagers in Fannie Mae last year, according to public filings, even as some hedge funds trimmed or exited their holdings following then-President Donald Trump’s election defeat.</p>\n<p>If Capital Group held the same number of Fannie Mae preferred shares reported as of May 31, it would have lost about $280 million on Wednesday alone. If it held the same number of common shares as it did at the end of the first quarter, it would have erased an additional $100 million.</p>\n<p>A Capital Group spokeswoman declined to comment.</p>\n<p>Rob Citrone’s Discovery trimmed its position after Trump lost, according to an investor in the firm, though still held on to some of its stake ahead of the court ruling. Today’s drop means Discovery is slightly underwater on its investment, the person said.</p>\n<p>Bill Ackman’s Pershing Square also continued to hold shares, according to statements he made to investors this year.</p>\n<p>Representatives for Citrone and Ackman declined to comment.</p>\n<p>In March, Ackman told investors that if the Supreme Court ruled in shareholders’ favor, it would be “a game-changing event.” He added then that regardless of the decision, “our investment in the GSEs is a valuable perpetual option on their eventual exit from conservatorship due to their widely acknowledged irreplaceable role in the U.S. housing finance system.” He reiterated these comments in May.</p>\n<p>For at least a decade, investors have pinned their hopes on Fannie Mae and Freddie Mac shedding government control.</p>\n<p>Kyle Bass, whose Hayman Capital made winning bets against U.S. subprime mortgages, predicted at a conference in 2011 that buying the preferred shares could be “an eight to 10-bagger from here.”</p>\n<p>While the GSEs have remained under government sponsorship in the wake of the 2008 financial crisis, there have been chances to make money.</p>\n<p>The price of Fannie Mae preferred shares traded as low as 31 cents in July 2010 and as high as $13.90 in June 2019 amid optimism that the Trump administration would resolve their status.</p>\n<p>In their ruling Wednesday, however, the Supreme Court justices sent the case back to the lower court where investors may be able to collect damages. Yet that decision means shareholders “can’t recover the bulk of the overpayments they sought,” said Bloomberg Intelligence analyst Elliott Stein.</p>\n<p>For those investors still hanging on, the wait could be long. President Joe Biden may be in no rush to free Fannie and Freddie in part because they are a linchpin in one of his top goals -- eliminating economic inequities.</p>\n<p>Keeping the enterprises under government control will make it easier for them to extend mortgage financing to underserved communities.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fannie-Freddie Ruling Marks Latest Blow to Funds in Doomed Trade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFannie-Freddie Ruling Marks Latest Blow to Funds in Doomed Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/fannie-freddie-ruling-marks-latest-223119876.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- A plunge in Fannie Mae and Freddie Mac shares after a Supreme Court ruling marked one of the biggest setbacks yet in a disappointing decade for funds that wagered that these entities ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fannie-freddie-ruling-marks-latest-223119876.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNMA":"房利美","FMCC":"房地美"},"source_url":"https://finance.yahoo.com/news/fannie-freddie-ruling-marks-latest-223119876.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166311858","content_text":"(Bloomberg) -- A plunge in Fannie Mae and Freddie Mac shares after a Supreme Court ruling marked one of the biggest setbacks yet in a disappointing decade for funds that wagered that these entities would one day exit federal control.\nCapital Group, Fairholme Capital Management, Paulson & Co., Blackstone Group Inc.’s credit unit, Discovery Capital Management and Pershing Square are among investors that have bet on a massive jump in value for the government-sponsored enterprises.\nThose wagers went south on Wednesday after the court rejected claims that the Federal Housing Finance Agency exceeded its authority in collecting more than $100 billion in profits from the enterprises. Freddie Mac shares sunk 37%, while Fannie Mae preferred shares favored by many investors slid about 62%.\nCapital Group was likely among the big losers Wednesday. The $2.4 trillion mutual fund company increased its wagers in Fannie Mae last year, according to public filings, even as some hedge funds trimmed or exited their holdings following then-President Donald Trump’s election defeat.\nIf Capital Group held the same number of Fannie Mae preferred shares reported as of May 31, it would have lost about $280 million on Wednesday alone. If it held the same number of common shares as it did at the end of the first quarter, it would have erased an additional $100 million.\nA Capital Group spokeswoman declined to comment.\nRob Citrone’s Discovery trimmed its position after Trump lost, according to an investor in the firm, though still held on to some of its stake ahead of the court ruling. Today’s drop means Discovery is slightly underwater on its investment, the person said.\nBill Ackman’s Pershing Square also continued to hold shares, according to statements he made to investors this year.\nRepresentatives for Citrone and Ackman declined to comment.\nIn March, Ackman told investors that if the Supreme Court ruled in shareholders’ favor, it would be “a game-changing event.” He added then that regardless of the decision, “our investment in the GSEs is a valuable perpetual option on their eventual exit from conservatorship due to their widely acknowledged irreplaceable role in the U.S. housing finance system.” He reiterated these comments in May.\nFor at least a decade, investors have pinned their hopes on Fannie Mae and Freddie Mac shedding government control.\nKyle Bass, whose Hayman Capital made winning bets against U.S. subprime mortgages, predicted at a conference in 2011 that buying the preferred shares could be “an eight to 10-bagger from here.”\nWhile the GSEs have remained under government sponsorship in the wake of the 2008 financial crisis, there have been chances to make money.\nThe price of Fannie Mae preferred shares traded as low as 31 cents in July 2010 and as high as $13.90 in June 2019 amid optimism that the Trump administration would resolve their status.\nIn their ruling Wednesday, however, the Supreme Court justices sent the case back to the lower court where investors may be able to collect damages. Yet that decision means shareholders “can’t recover the bulk of the overpayments they sought,” said Bloomberg Intelligence analyst Elliott Stein.\nFor those investors still hanging on, the wait could be long. President Joe Biden may be in no rush to free Fannie and Freddie in part because they are a linchpin in one of his top goals -- eliminating economic inequities.\nKeeping the enterprises under government control will make it easier for them to extend mortgage financing to underserved communities.","news_type":1,"symbols_score_info":{"FMCC":0.9,"FNMA":0.9}},"isVote":1,"tweetType":1,"viewCount":2133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121749804,"gmtCreate":1624493661108,"gmtModify":1703838169356,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586517651317278","authorIdStr":"3586517651317278"},"themes":[],"htmlText":"Yes!","listText":"Yes!","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121749804","repostId":"2145156570","repostType":4,"isVote":1,"tweetType":1,"viewCount":1688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123544523,"gmtCreate":1624431745762,"gmtModify":1703836493915,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586517651317278","authorIdStr":"3586517651317278"},"themes":[],"htmlText":"Not nice","listText":"Not nice","text":"Not nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123544523","repostId":"2145066117","repostType":4,"repost":{"id":"2145066117","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624429980,"share":"https://ttm.financial/m/news/2145066117?lang=en_US&edition=fundamental","pubTime":"2021-06-23 14:33","market":"hk","language":"en","title":"2-year Treasury yield sees biggest fall in 3 months as Powell reaffirms go-slow approach to peeling back easy money","url":"https://stock-news.laohu8.com/highlight/detail?id=2145066117","media":"Dow Jones","summary":"Two Fed officials say tweaking policy can wait until the fall.\n\nU.S. Treasury yields mostly fell on ","content":"<blockquote>\n <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Fed officials say tweaking policy can wait until the fall.\n</blockquote>\n<p>U.S. Treasury yields mostly fell on Tuesday, and the 2-year notching its biggest daily rate decline since mid-March, after Federal Reserve Chairman Jerome Powell reiterated that the central bank would be patient before pulling back from its ultra-easy policy stance.</p>\n<p><b>How Treasurys are performing</b></p>\n<p>Yields move in the opposite direction to prices.</p>\n<p>Fixed-income drivers</p>\n<p>Short-dated rates saw their biggest climb in three months as Powell, in congressional testimony , said the central bank had to be patient and \"very humble\" about its ability to draw signals out of pandemic-era economic data given \"such an unusual setting of reopening the economy.\"</p>\n<p>Powell's comments came almost a week since he and the rate-setting Federal Open Market Committee pointed to inflation as rising more intensely and more persistently than was pegged by initial estimates in the economic recovery from COVID.</p>\n<p>The Fed boss, however, reiterated the stance that pricing pressures that push the cost of living higher will be transitory, in the view of monetary policy makers.</p>\n<p>\"Much of this rapid growth reflects the continued bounce back in activity from depressed levels,\" Powell said.</p>\n<p>\"Those are things that we would look to stop going up and ultimately start to decline,\" he said, referring to rising prices in everything from used cars to homes.</p>\n<p>Powell said that he expects the jobs market to eventually rebound to its pre-pandemic levels as well.</p>\n<p>\"I strongly suspect that labor supply and job creation will be moving up well over the rest of the year,\" the Fed chairman said.</p>\n<p>In prepared remarks, Powell said that \"the economy has shown sustained improvement.\" However, he still pointed to challenges in the labor market.</p>\n<p>Cleveland Fed President Loretta Mester , also speaking Tuesday, said she didn't want to adjust the central bank's easy monetary policy stance until the labor market made more progress over the summer.</p>\n<p>San Francisco Fed President Mary Daly also pointed to the fall as a goal post, saying the economy was getting to the \"substantial further progress\" benchmark more quickly than she had thought at the start of the year.</p>\n<p>Separately, the market digested $60 billion in 2-year notes, which also may have influenced the rise in short-dated yields.</p>\n<p>See: Fed will support economy 'for as long as it takes to complete the recovery,' Powell says</p>\n<p><b>What strategists are saying</b></p>\n<p>\"Day four post FOMC produced the first noticeable decline in 2-yr and 3-yr yields as portfolio mgrs gradually think about valuations rather than panic trade,\" wrote Jim Vogel, a rates strategist at FHN Financial.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2-year Treasury yield sees biggest fall in 3 months as Powell reaffirms go-slow approach to peeling back easy money</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2-year Treasury yield sees biggest fall in 3 months as Powell reaffirms go-slow approach to peeling back easy money\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-23 14:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Fed officials say tweaking policy can wait until the fall.\n</blockquote>\n<p>U.S. Treasury yields mostly fell on Tuesday, and the 2-year notching its biggest daily rate decline since mid-March, after Federal Reserve Chairman Jerome Powell reiterated that the central bank would be patient before pulling back from its ultra-easy policy stance.</p>\n<p><b>How Treasurys are performing</b></p>\n<p>Yields move in the opposite direction to prices.</p>\n<p>Fixed-income drivers</p>\n<p>Short-dated rates saw their biggest climb in three months as Powell, in congressional testimony , said the central bank had to be patient and \"very humble\" about its ability to draw signals out of pandemic-era economic data given \"such an unusual setting of reopening the economy.\"</p>\n<p>Powell's comments came almost a week since he and the rate-setting Federal Open Market Committee pointed to inflation as rising more intensely and more persistently than was pegged by initial estimates in the economic recovery from COVID.</p>\n<p>The Fed boss, however, reiterated the stance that pricing pressures that push the cost of living higher will be transitory, in the view of monetary policy makers.</p>\n<p>\"Much of this rapid growth reflects the continued bounce back in activity from depressed levels,\" Powell said.</p>\n<p>\"Those are things that we would look to stop going up and ultimately start to decline,\" he said, referring to rising prices in everything from used cars to homes.</p>\n<p>Powell said that he expects the jobs market to eventually rebound to its pre-pandemic levels as well.</p>\n<p>\"I strongly suspect that labor supply and job creation will be moving up well over the rest of the year,\" the Fed chairman said.</p>\n<p>In prepared remarks, Powell said that \"the economy has shown sustained improvement.\" However, he still pointed to challenges in the labor market.</p>\n<p>Cleveland Fed President Loretta Mester , also speaking Tuesday, said she didn't want to adjust the central bank's easy monetary policy stance until the labor market made more progress over the summer.</p>\n<p>San Francisco Fed President Mary Daly also pointed to the fall as a goal post, saying the economy was getting to the \"substantial further progress\" benchmark more quickly than she had thought at the start of the year.</p>\n<p>Separately, the market digested $60 billion in 2-year notes, which also may have influenced the rise in short-dated yields.</p>\n<p>See: Fed will support economy 'for as long as it takes to complete the recovery,' Powell says</p>\n<p><b>What strategists are saying</b></p>\n<p>\"Day four post FOMC produced the first noticeable decline in 2-yr and 3-yr yields as portfolio mgrs gradually think about valuations rather than panic trade,\" wrote Jim Vogel, a rates strategist at FHN Financial.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145066117","content_text":"Two Fed officials say tweaking policy can wait until the fall.\n\nU.S. Treasury yields mostly fell on Tuesday, and the 2-year notching its biggest daily rate decline since mid-March, after Federal Reserve Chairman Jerome Powell reiterated that the central bank would be patient before pulling back from its ultra-easy policy stance.\nHow Treasurys are performing\nYields move in the opposite direction to prices.\nFixed-income drivers\nShort-dated rates saw their biggest climb in three months as Powell, in congressional testimony , said the central bank had to be patient and \"very humble\" about its ability to draw signals out of pandemic-era economic data given \"such an unusual setting of reopening the economy.\"\nPowell's comments came almost a week since he and the rate-setting Federal Open Market Committee pointed to inflation as rising more intensely and more persistently than was pegged by initial estimates in the economic recovery from COVID.\nThe Fed boss, however, reiterated the stance that pricing pressures that push the cost of living higher will be transitory, in the view of monetary policy makers.\n\"Much of this rapid growth reflects the continued bounce back in activity from depressed levels,\" Powell said.\n\"Those are things that we would look to stop going up and ultimately start to decline,\" he said, referring to rising prices in everything from used cars to homes.\nPowell said that he expects the jobs market to eventually rebound to its pre-pandemic levels as well.\n\"I strongly suspect that labor supply and job creation will be moving up well over the rest of the year,\" the Fed chairman said.\nIn prepared remarks, Powell said that \"the economy has shown sustained improvement.\" However, he still pointed to challenges in the labor market.\nCleveland Fed President Loretta Mester , also speaking Tuesday, said she didn't want to adjust the central bank's easy monetary policy stance until the labor market made more progress over the summer.\nSan Francisco Fed President Mary Daly also pointed to the fall as a goal post, saying the economy was getting to the \"substantial further progress\" benchmark more quickly than she had thought at the start of the year.\nSeparately, the market digested $60 billion in 2-year notes, which also may have influenced the rise in short-dated yields.\nSee: Fed will support economy 'for as long as it takes to complete the recovery,' Powell says\nWhat strategists are saying\n\"Day four post FOMC produced the first noticeable decline in 2-yr and 3-yr yields as portfolio mgrs gradually think about valuations rather than panic trade,\" wrote Jim Vogel, a rates strategist at FHN Financial.","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123544199,"gmtCreate":1624431713311,"gmtModify":1703836493431,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586517651317278","authorIdStr":"3586517651317278"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123544199","repostId":"2145985100","repostType":4,"repost":{"id":"2145985100","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624430274,"share":"https://ttm.financial/m/news/2145985100?lang=en_US&edition=fundamental","pubTime":"2021-06-23 14:37","market":"sh","language":"en","title":"Asian currencies gain as Fed reassures on rates; Thai cbank in focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2145985100","media":"Reuters","summary":"June 23 (Reuters) - Thailand's baht came off a nine-month low on Wednesday and the Philippine peso s","content":"<p>June 23 (Reuters) - Thailand's baht came off a nine-month low on Wednesday and the Philippine peso snapped a six-day losing run, after U.S. Federal Reserve Chairman Jerome Powell said the central bank would not raise interest rates too quickly.</p>\n<p>The baht firmed 0.4% and Thai stocks inched higher, as investors also awaited a Bank of Thailand meeting where the central bank is expected to leave interest rates at a record low and cut its growth forecast.</p>\n<p>The tourism-reliant nation has seen revenues plummet over the last year due to the pandemic, prompting Prime Minister Prayuth Chan-ocha to announce a plan last week to gradually reopen Thailand to visitors within 120 days to revive the economy.</p>\n<p>\"The Bank of Thailand's comments on the reopening of the country will be key today,\" said Sunthorn Thongthip, a strategist with Kasikorn Securities, adding that investors will be looking at what it says about the economic impact of that.</p>\n<p>Shares in the Philippines and Singapore led the way for emerging Asian stock markets, after Powell reaffirmed on Tuesday the Fed's intent to encourage a \"broad and inclusive\" recovery of the job market and to not hike rates too quickly based only on the fear of coming inflation.</p>\n<p>Among currencies, the South Korean won rose 0.5%, while Indonesia's rupiah and Malaysia's ringgit also advanced modestly.</p>\n<p>Emerging market assets, generally considered riskier investments, suffered broad losses since last week after the dollar rose when the Fed indicated it may raise rates earlier than expected and signalled tapering its bond buying programme.</p>\n<p>\"Markets may have assessed Powell's testimony as reassuring,\" said Yeap Jun Rong, a strategist at IG Markets.</p>\n<p>Manila stocks were up 0.7% and the peso firmed 0.3%. Philippines' central bank is also widely expected to maintain record low rates in its meeting on Thursday.</p>\n<p>HIGHLIGHTS</p>\n<ul>\n <li>Thailand's 10-year government bond yields are down 1 basis points at 1.66%.</li>\n <li>Malaysia's 10-year benchmark yield is down 1.4 basis points at 3.282%.</li>\n</ul>\n<p>(Reporting by Soumyajit Saha in Bengaluru; Editing by Muralikumar Anantharaman)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asian currencies gain as Fed reassures on rates; Thai cbank in focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsian currencies gain as Fed reassures on rates; Thai cbank in focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-23 14:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 23 (Reuters) - Thailand's baht came off a nine-month low on Wednesday and the Philippine peso snapped a six-day losing run, after U.S. Federal Reserve Chairman Jerome Powell said the central bank would not raise interest rates too quickly.</p>\n<p>The baht firmed 0.4% and Thai stocks inched higher, as investors also awaited a Bank of Thailand meeting where the central bank is expected to leave interest rates at a record low and cut its growth forecast.</p>\n<p>The tourism-reliant nation has seen revenues plummet over the last year due to the pandemic, prompting Prime Minister Prayuth Chan-ocha to announce a plan last week to gradually reopen Thailand to visitors within 120 days to revive the economy.</p>\n<p>\"The Bank of Thailand's comments on the reopening of the country will be key today,\" said Sunthorn Thongthip, a strategist with Kasikorn Securities, adding that investors will be looking at what it says about the economic impact of that.</p>\n<p>Shares in the Philippines and Singapore led the way for emerging Asian stock markets, after Powell reaffirmed on Tuesday the Fed's intent to encourage a \"broad and inclusive\" recovery of the job market and to not hike rates too quickly based only on the fear of coming inflation.</p>\n<p>Among currencies, the South Korean won rose 0.5%, while Indonesia's rupiah and Malaysia's ringgit also advanced modestly.</p>\n<p>Emerging market assets, generally considered riskier investments, suffered broad losses since last week after the dollar rose when the Fed indicated it may raise rates earlier than expected and signalled tapering its bond buying programme.</p>\n<p>\"Markets may have assessed Powell's testimony as reassuring,\" said Yeap Jun Rong, a strategist at IG Markets.</p>\n<p>Manila stocks were up 0.7% and the peso firmed 0.3%. Philippines' central bank is also widely expected to maintain record low rates in its meeting on Thursday.</p>\n<p>HIGHLIGHTS</p>\n<ul>\n <li>Thailand's 10-year government bond yields are down 1 basis points at 1.66%.</li>\n <li>Malaysia's 10-year benchmark yield is down 1.4 basis points at 3.282%.</li>\n</ul>\n<p>(Reporting by Soumyajit Saha in Bengaluru; Editing by Muralikumar Anantharaman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145985100","content_text":"June 23 (Reuters) - Thailand's baht came off a nine-month low on Wednesday and the Philippine peso snapped a six-day losing run, after U.S. Federal Reserve Chairman Jerome Powell said the central bank would not raise interest rates too quickly.\nThe baht firmed 0.4% and Thai stocks inched higher, as investors also awaited a Bank of Thailand meeting where the central bank is expected to leave interest rates at a record low and cut its growth forecast.\nThe tourism-reliant nation has seen revenues plummet over the last year due to the pandemic, prompting Prime Minister Prayuth Chan-ocha to announce a plan last week to gradually reopen Thailand to visitors within 120 days to revive the economy.\n\"The Bank of Thailand's comments on the reopening of the country will be key today,\" said Sunthorn Thongthip, a strategist with Kasikorn Securities, adding that investors will be looking at what it says about the economic impact of that.\nShares in the Philippines and Singapore led the way for emerging Asian stock markets, after Powell reaffirmed on Tuesday the Fed's intent to encourage a \"broad and inclusive\" recovery of the job market and to not hike rates too quickly based only on the fear of coming inflation.\nAmong currencies, the South Korean won rose 0.5%, while Indonesia's rupiah and Malaysia's ringgit also advanced modestly.\nEmerging market assets, generally considered riskier investments, suffered broad losses since last week after the dollar rose when the Fed indicated it may raise rates earlier than expected and signalled tapering its bond buying programme.\n\"Markets may have assessed Powell's testimony as reassuring,\" said Yeap Jun Rong, a strategist at IG Markets.\nManila stocks were up 0.7% and the peso firmed 0.3%. Philippines' central bank is also widely expected to maintain record low rates in its meeting on Thursday.\nHIGHLIGHTS\n\nThailand's 10-year government bond yields are down 1 basis points at 1.66%.\nMalaysia's 10-year benchmark yield is down 1.4 basis points at 3.282%.\n\n(Reporting by Soumyajit Saha in Bengaluru; Editing by Muralikumar Anantharaman)","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1886,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123544065,"gmtCreate":1624431680257,"gmtModify":1703836492947,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586517651317278","authorIdStr":"3586517651317278"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123544065","repostId":"1120218733","repostType":4,"isVote":1,"tweetType":1,"viewCount":1747,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123545395,"gmtCreate":1624431625717,"gmtModify":1703836492454,"author":{"id":"3586517651317278","authorId":"3586517651317278","name":"G12345","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586517651317278","authorIdStr":"3586517651317278"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123545395","repostId":"2145968037","repostType":2,"isVote":1,"tweetType":1,"viewCount":1517,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}