Direxion Daily 20+ Year Treasury Bear 3x Shares ETF (TMV) News

Inflation cools more than expected! U.S. July PPI growth narrows to 4.7%, driven primarily by lower energy costs

The U.S. Producer Price Index (PPI) remained flat month-on-month in July, with the year-on-year rate declining to 4.7%. The core PPI fell to 4.2% year-on-year, primarily driven by lower energy prices and a slowdown in service price inflation. The widening divergence between the Consumer Price Index (CPI) and the PPI is putting pressure on corporate profit margins. Market expectations for Federal Reserve interest rate hikes remain unchanged, with the view that there is limited urgency for short-term policy adjustments. Future inflation trends will continue to depend on changes in energy prices.

wallstreetcnAug 13 20:56

Modest rebound! U.S. initial jobless claims rose to 209,000 last week, indicating lingering resilience in the labor market

Data from the U.S. Department of Labor showed that initial jobless claims rose more than expected to 209,000 for the week ending August 8, an increase of 9,000 from the previous week, while continuing jobless claims fell to 1.78 million. Economists attribute the weekly fluctuation primarily to seasonal summer disturbances rather than a deterioration in fundamentals. The four-week moving average remained steady at 199,000, indicating that the overall resilience of the labor market has not changed significantly. Future data will need to be monitored to assess the trend.

wallstreetcn00:33

Express News | Advisor to Iran’s Supreme Leader: Conflict may escalate if conditions are not met

Mohsen Mokhber, an advisor to Iran’s Supreme Leader, stated on social media on the 13th that if the conditions proposed by Iran are not met, the Supreme Leader has made a clear strategic decision to respond by escalating the conflict. Mokhber said that the current situation has demonstrated the United States’ inability to protect its allies in the Persian Gulf. He further stated that the most sustainable path to establishing a new regional order lies in promoting the implementation of the “Hormuz Economic Security Mechanism” to reduce dependence on U.S. military security guarantees. (Xinhua News Agency)

BreakingsAug 13 23:44

Divergence Among Fed Officials Emerges: Barkin Supports Holding Steady, Hammack Insists on Rate Hike

Richmond Fed President Thomas Barkin supports holding interest rates steady, arguing that inflation stems primarily from temporary shocks, but warns that AI investment and supply chain dynamics could exert persistent price pressures. Cleveland Fed President Loretta Mester, meanwhile, reaffirmed her stance in favor of rate hikes, cautioning against financial stability risks such as U.S. Treasury leverage and an AI bubble. With unemployment remaining low and economic data presenting a mixed picture, the Federal Reserve’s policy path for its September meeting is fraught with uncertainty.

wallstreetcnAug 13 21:30

Express News | USS George Washington heads to the Middle East for rotation; USS Lincoln crew faces congressional scrutiny over physical and mental exhaustion

According to The Wall Street Journal, U.S. officials familiar with the matter stated that the United States is preparing to dispatch the aircraft carrier USS George Washington to the Middle East to relieve the USS Lincoln, in accordance with a previously scheduled rotation plan. The USS Lincoln has undertaken an extended deployment with very few port calls, raising concerns among members of Congress regarding living conditions on board. The carrier began its scheduled deployment last November and was redirected to the Middle East in January ahead of the conflict with Iran. The carrier and its air wing played a key role in the U.S. "Epic Fury" bombing campaign and subsequently participated in the blockade of Iranian ports. According to lawmakers, the high operational tempo and the stress of prolonged deployment have overwhelmed the crew. They are pressing the Pentagon for more information on living conditions and mental health issues aboard the ship. MS Now reported earlier this month that the USS Lincoln crew faced difficult conditions, including food shortages and depleted supplies of toothpaste and soap. Legislators expressed concern over reports that the crew is exhausted and suffering from deteriorating mental health due to the lack of port visits for rest and recuperation.

BreakingsAug 13 23:28

With oil prices falling and inflation cooling, the market is no longer fully pricing in a Federal Reserve rate hike within the year.

The growth rate of the U.S. Producer Price Index (PPI) slowed in July, while the Consumer Price Index (CPI) cooled for the second consecutive month. Traders are reducing their bets on Federal Reserve rate hikes, with the market-implied probability of a hike in September dropping below 40%, and the total expected rate increase for the year standing at approximately 23 basis points.

wallstreetcnAug 13 23:23

Investors Bet on Doubling Valuation: Reports Indicate Anthropic Plans IPO at $2 Trillion Valuation, Potentially Becoming the Largest in History

According to media reports, six shareholders revealed that Anthropic’s rapidly growing revenue will support a more than doubling of its current valuation in its planned autumn initial public offering (IPO), with annualized revenue projected to reach $100 billion to $120 billion by the end of 2026.

wallstreetcnAug 13 23:18

From mortgage-backed securities to GPU-backed securities, is NVIDIA emulating AIG?

Macro strategist Simon White argues that financialization is systematically obscuring market signals of excess capacity. Similar to the housing crisis, today’s capital expenditure boom is more likely to attract an increasing influx of capital, facilitated by financial alchemy, thereby leading to overconstruction. Consequently, signals indicating sufficient computing power are likely to be overlooked.

wallstreetcnAug 13 22:38

Express News | Traders have largely priced out the scenario of further Federal Reserve rate hikes this year.

Traders have largely priced out the scenario of further Federal Reserve rate hikes this year. The U.S. Producer Price Index (PPI) growth for July, released today, slowed more than expected.

BreakingsAug 13 22:15

Express News | Bets on the Federal Reserve holding interest rates steady in September have increased.

Market pricing indicates increased bets that the Federal Reserve will keep interest rates unchanged in September. The probability of the Fed maintaining rates within the 3.50%-3.75% range in September stands at approximately 65%, up from about 60% prior to the release of the PPI report.

BreakingsAug 13 20:51

Express News | Federal Reserve's Hammack: Reiterates that interest rates must be raised now

Beth Hammack, President of the Federal Reserve Bank of Cleveland: “The Federal Reserve must raise interest rates now, as current policy is not restrictive enough and inflation has risen amid recent shocks. Excessively rapid growth could exert additional upward pressure on prices. While rate hikes may cause pain, we cannot allow economic growth and investment to accelerate to the point of overheating the economy. Current inflation is broad-based, not confined to specific sectors. It is crucial that the Federal Reserve remains accountable to inflation data.”

BreakingsAug 13 20:36

US Stock Preview | July PPI annual growth rate hits lowest level since March; SanDisk Investor Day kicks off at 21:00; Cerebras, Coherent, Cisco, and JD.com slide after earnings; Applied Materials to release earnings after hours

In pre-market trading on Thursday, U.S. July inflation data came in mildly, with major index futures showing mixed performance. Dow Jones futures rose 0.32%, Nasdaq futures edged down 0.03%, and S&P 500 futures gained 0.16%. WTI crude oil fell 2.41%, and gold declined 0.47%.

Futu NewsAug 13 20:34

快讯 | 美国7月PPI同比增长4.7% 低于市场预期

US July PPI YoY +4.7% Vs +4.9% Forecast, Prior +5.5%

BreakingsAug 13 20:30

The Inflation Profile of AI Fertile Ground

Is AI ultimately driving inflation or deflation?

Chuan Yue Global MacroAug 13 17:51

CICC: The triple risks of geopolitics, inflation, and policy are gradually receding, with global liquidity expected to become more accommodative in the second half of the year.

A more likely scenario for the second half of the year involves an easing of geopolitical tensions, a downward trend in inflation, and a dovish pivot by the Federal Reserve, which could lead to further loosening of global liquidity.

CICC InsightsAug 13 17:14

Earnings Beat Expectations, Record-Buyback Activity, Selling Pressure Subsides, Buying Power Rebuilds—Citadel’s Top 10 Reasons for a Bullish Outlook on U.S. Stocks in August

"August could be the month when buyers return. The question for September may be how much buying power remains." Citadel outlines ten reasons for its bullish stance on U.S. equities in August: Q2 earnings growth reached approximately 33%, marking the strongest performance since the post-recession period; ETFs recorded net inflows of $1.6 trillion year-to-date, with July setting a single-month record; and over $1 trillion in share buybacks resumed this week. The firm believes that deleveraging has matured, buying momentum across multiple stocks is strengthening in tandem, and selling pressure is subsiding.

wallstreetcnAug 13 13:46

Corporate AI adoption is accelerating! Morgan Stanley warns of severe computing power shortages, with bottlenecks expected to persist for several years.

① In the view of Morgan Stanley strategists, there is no shortage of demand for AI computing power; the real concern lies with supply issues; ② The strategist noted that corporate adoption of AI is accelerating, but constrained computing power supply remains a bottleneck restricting industry growth; ③ Power constraints, political hurdles, and labor shortages—these factors will continue to constrain computing power supply in the coming years

cls.cnAug 13 12:44

U.S. budget deficit in July hits a record high for the period, with interest expenditures surpassing $1 trillion in the current fiscal year.

The U.S. budget deficit reached $432 billion in July, marking a record high for the same period in previous years. The primary drivers were a surge in Medicare expenditures and rising debt interest costs; interest payments for the current fiscal year have exceeded $1.17 trillion, representing a 15% year-on-year increase. A wave of refunds following the U.S. Supreme Court's ruling that tariff measures were invalid has further compressed fiscal revenue.

wallstreetcnAug 13 09:51

New Fed Wire: Inflation data is "tepid," giving the Federal Reserve a temporary reprieve, but the path ahead remains uncertain

Nick Timiraos noted that U.S. inflation data for July met expectations, with market bets on a Federal Reserve rate hike in September falling below 50%, thereby easing short-term pressure for tighter policy. However, significant divergence persists within the Fed between hawks and doves; more than half of the voting members favor a rate hike, and the President of the Federal Reserve Bank of San Francisco has hinted that a one-time 50-basis-point increase may be necessary if inflation spirals out of control. Chair Walsh has maintained an ambiguous stance, suggesting that the true policy direction will likely only become clear after the release of August inflation data on September 11.

wallstreetcnAug 13 09:30

Is pressure still mounting on the Federal Reserve to raise interest rates? The yield on 10-year U.S. Treasury issuance hits highest level since the financial crisis!

① On Wednesday, although the probability of a Federal Reserve rate hike in September dropped sharply following the release of July’s U.S. CPI data, which came in mildly as market expectations had anticipated, fixed-income traders did not appear to be fully reassured; ② Aggressive "bond vigilantes" seem to still be voting with their feet—attempting to pressure the Federal Reserve into raising interest rates...

cls.cnAug 13 09:03