Search…

BlackRock CEO: The market will fluctuate drastically before finding a new balance point.

14/05/2025

"Before we have a clearer understanding of the new equilibrium point, the market will experience severe volatility," said Larry Fink, CEO of BlackRock, at the Saudi-US Investment Forum held in Riyadh. "This new balance will depend on how the United States reshapes the global trade landscape. In times of uncertainty, you will see more and more funds flowing into cash."

Latest

2 m ago

Goldman Sachs expects the US dollar to continue its decline against Asian currencies.

2 m ago

Goldman Sachs said that the possible direction of the US dollar/Asian currency pairs is still downward after recent progress in trade negotiations. It stated that despite recent progress in trade negotiations between the US and China, the main themes in the market have not changed. These themes include: the trend of gradually diversifying investments away from US assets is expected to continue; Asian exporters are likely to continue converting US dollars into local currencies; and if the Asian region engages in trade negotiations with the US, currency depreciation may become more difficult.

2 m ago

China Earthquake Networks Center officially determined: At 06:51 on May 14th, a 6.0 magnitude earthquake occurred in the sea near the island of Crete, Greece, with a depth of 70 kilometers.

3 m ago

Jun Da Group (02865.HK), a shareholder holding more than 5% of the shares, saw their holding diluted passively to a multiple of 1%.

5 m ago

Policy guidance + technological breakthroughs, the brain-computer interface welcomes the dawn of industrialization.

See all latest