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The Federal Reserve accepted a total of $6.484 billion from 10 counterparties in its fixed-rate reverse repurchase operations.
2026-06-24
The Federal Reserve accepted a total of $6.484 billion from 10 counterparties in its fixed-rate reverse repurchase operations.
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2026-06-24
According to state media, Oman has stated that it has coordinated with the International Maritime Organization to provide temporary maritime passage in the Strait of Hormuz.
According to state media, Oman has stated that it has coordinated with the International Maritime Organization to provide temporary maritime passage in the Strait of Hormuz.
2026-06-24
Goldman Sachs' China macro team says Chinese household asset allocation is in the early stage of a structural shift. With real estate's role in wealth accumulation waning and deposit rates are low, savings may gradually reallocate into broader financ
Goldman Sachs' China macro team says Chinese household asset allocation is in the early stage of a structural shift. With real estate's role in wealth accumulation waning and deposit rates are low, savings may gradually reallocate into broader financial assets; equities and insurance are likely mid-term beneficiaries. Equities currently account for under 10% of household assets, implying substantial room for further reallocation. The bank cautions the adjustment will be uneven—household risk appetite remains cautious and financial wealth is unevenly distributed—so change is unlikely to be linear or broad-based. If household confidence stabilizes and capital market returns prove attractive, equities could take a larger share of new household savings.
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