🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
📝 Share your trading experience on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 End at: July 9, 16:00 UTC
Show off your trading on Gate Squ
Deutsche Bank resumes its expectation for a 25 basis point rate cut by the Reserve Bank of Australia in May.
Jin10 data reported on April 10 that Trump's policy U-turn triggered a historic Rebound in the US stock market and a significant drop in Treasury yields. Everything came so suddenly that Deutsche Bank had to restore its previous prediction of a 25 basis point rate cut by the Reserve Bank of Australia in May, which had just 48 hours earlier been changed to a 50 basis point cut. Deutsche Bank's chief economist Phil O'Donaghoe stated: The sharp decline in pessimism in the financial markets has reduced the urgency for the Reserve Bank of Australia to respond to all of this with a significant rate cut. A rate cut is still on the way, but the reduction in May will return to 25 basis points.