Wall Street: Trump's tariffs weaken the dollar's Global status, and the damage may be difficult to reverse.
Due to renewed market concerns over trade tensions, the USD saw a significant drop on the 16th. The USD index, which measures the dollar against six major currencies, fell by 0.83% that day, closing at 99.385 in the forex market. Monex USA, a forex brokerage firm, stated on the morning of the 16th that the dollar declined as trade tensions raised concerns. The euro continues to benefit from the difficulties in the US economy. Regarding the future trend of the dollar, some viewpoints on Wall Street suggest that President Donald Trump's aggressive approach to implementing his tariff agenda could have lasting effects on the US market. Specifically, the dollar is seen as a reliable 'safe haven.'
With 72% Institutional Ownership, International Bancshares Corporation (NASDAQ:IBOC) Is a Favorite Amongst the Big Guns
Shares of Banking Companies Are Trading Higher Following President Trump's Decision to Implement a 90-day Pause on Reciprocal Tariffs for All Countries Except China.
International Bancshares Insiders Sell US$12m Of Stock, Possibly Signalling Caution
International Bancshares Announces $150 Million Stock Buyback
Express News | International Bancshares Corp - Approves $150 Million Stock Repurchase Program
International Bancshares Full Year 2024 Earnings: EPS: US$6.58 (Vs US$6.63 in FY 2023)
International Bancshares | 10-K: FY2024 Annual Report
Express News | International Bancshares Q4 EPS $1.85 Up From $1.71 YoY
Press Release: IBC Reports Strong Earnings in 2024
Express News | International Bancshares FY Net Income USD 409.2 Million
Be Sure To Check Out International Bancshares Corporation (NASDAQ:IBOC) Before It Goes Ex-Dividend
International Bancshares (NASDAQ:IBOC) Is Paying Out A Larger Dividend Than Last Year
International Bancshares To Go Ex-Dividend On February 14th, 2025 With 0.7 USD Dividend Per Share
Press Release: International Bancshares Corporation Announces Six Percent Increase in Cash Dividend
International Bancshares Corporation Announces Six Percent Increase In Cash Dividend >IBOC
With 71% Ownership of the Shares, International Bancshares Corporation (NASDAQ:IBOC) Is Heavily Dominated by Institutional Owners
CICC: The market still needs to price in a "shallow rate cut + soft landing" cycle. Next year, STANCHART is the preferred choice for Hong Kong banks.
CICC released a research report stating that as of yesterday (30th), the Hong Kong Based Banks and the Hang Seng Index covered by the bank recorded increases of 31% and 18% respectively this year, with Hong Kong banks outperforming the market for the fourth consecutive year. CICC believes that compared to interest rate trends, macroeconomic expectations and the banks' own performance are the main factors influencing stock prices, and therefore one should not invest in Hong Kong banks with the rigid thinking of 'interest rate hikes are beneficial for banks, and interest rate cuts are detrimental to banks.' The bank stated that Banks are a cyclical Industry, thus during a rate cut cycle driven by improved macroeconomic expectations, Hong Kong bank stock prices often outperform, with different Banks showing distinct performances in this cycle.
International Bancshares' (NASDAQ:IBOC) Three-year Total Shareholder Returns Outpace the Underlying Earnings Growth
Friedrich: Maintains boc hong kong "buy" rating, target price raised to 27 Hong Kong dollars.
Futu Research released a research report maintaining a "buy" rating on BOC Hong Kong (02388), with the target price raised from 26.5 Hong Kong dollars to 27 Hong Kong dollars. The bank remains bullish on international banks Stanchart (02888) and HSBC Holdings (00005), followed by Singapore banks more than Hong Kong silver. In addition, the bank expects that the most favorable interest rates will fall to 5% in the first quarter of next year, maintaining caution on asset quality. The bank pointed out that BOC Hong Kong's performance in the third quarter confirmed its view that market expectations were too conservative. Although uncertainty may limit the short-term PE ratio potential, the medium-term outlook remains relatively robust.