|
|
|
|
|
|
|
|
|
07.08.26 - 15:16
|
Bonds & Bullion Jump, Dollar Dumps As Rate-Hike Odds Slump After Payrolls Miss (ZeroHedge)
|
|
|
Bonds & Bullion Jump, Dollar Dumps As Rate-Hike Odds Slump After Payrolls Miss
As we noted in our preview, today's payrolls print was indeed "bad news is good news" as the surprise five-sigma miss (-23k) on payrolls (albeit with a drop in the unemployment rate) sent rate-hike odds reeling lower...
“History doesn't repeat, but sometimes it rhymes. For the third time in as many years, July jobs data saw a mid-summer loss of momentum. While incoming inflation data will be the ultimate arbiter, slowing jobs growth helps support a September hold,” says Lindsay Rosner, head of multi sector fixed income investing at Goldman Sachs Asset Management.
That helped smash Treasury yields lower, led by the short-end...
...which in turn crushed the dollar...
...lifting gold above $4350...
Some good news for Bessent, JPY is strengthening...
Stocks are also soaring, with Nasdaq leading the way...
Admittedly, as JPMorgan's Feroli flagged, technical effects such unwinding of World Cup-related hir...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05.08.26 - 12:36
|
China′s AI revenue projected to reach US$13b on breakthroughs, adoption: Goldman Sachs (SCMP)
|
|
|
Rising cost efficiency and rapidly advancing capabilities from players like DeepSeek and MiniMax have prompted Goldman Sachs to raise its run-rate revenue forecast for China's artificial intelligence model market by 30 per cent to US$13 billion.
In a research note published on Monday, the US investment bank boosted its year-end annualised recurring revenue (ARR) projection for mainland Chinese AI models from US$10 billion, citing aggressive price cuts, technical breakthroughs and accelerating......
|
|
|
|
|
|
|
05.08.26 - 06:30
|
Goldman Sachs′ Keung on Chinese AI Models (Bloomberg)
|
|
|
Ronald Keung, Head of Asia Internet Research at Goldman Sachs, expects competition for best performance-to-cost balance to intensify among Chinese AI developers. He speaks on "Bloomberg: The China Show." (Source: Bloomberg)...
|
|
|
|