Rate Cut Frenzy: Will the Fed Deliver a 2% Interest Rate Slash, and Which ETFs Will Soar as a Result
- Have you ever seen Taiwan's stock market rise and fall suddenly due to major financial events in a hurry in the morning, and regret why you didn't know...
- Global Central Bank Week is approaching, with many central banks, including the US Federal Reserve, the Bank of England, the Bank of Taiwan, the Bank of Japan, and...
- The US Federal Reserve will hold a monetary policy meeting on September 17 and 18 and announce its latest interest rate decision at 2 am Taipei time on...
Investment is valuable! Have you ever seen Taiwan’s stock market rise and fall suddenly due to major financial events in a hurry in the morning, and regret why you didn’t know about it earlier? Yahoo Stock Market selects the major financial events of the week for investors every week, pre-analyzes the importance of the event, the direction of the expected development, and the potential impact It also introduces new Taiwanese stocks listed on the counter from time to time together, lead investors to “Invest before you know it.”
Global Central Bank Week: Expectations for a 2-Digit Rate Cut by the Federal Reserve
Global Central Bank Week is approaching, with many central banks, including the US Federal Reserve, the Bank of England, the Bank of Taiwan, the Bank of Japan, and the People’s Bank of China, set to hold interest rate decisions on September 19 and 20. This meeting has attracted wide attention, especially the US Federal Reserve interest rate cut.
The US Federal Reserve will hold a monetary policy meeting on September 17 and 18 and announce its latest interest rate decision at 2 am Taipei time on the 19th. According to US media reports, former New York Fed President Bill Dudley noted that the US labor market has slowed more than expected, job market risks have outweighed inflationary pressures, giving the Federal Reserve ample reason to cut interest rates by 2 points at the upcoming meeting.
Economists at JPMorgan Chase also believe that, under the current circumstances of falling inflation and weak employment data, the Federal Reserve should cut interest rates by 2 percentage points to respond to changes in economic risks. The CME Group’s FedWatch tool shows that the market has a 50% chance of a 2-point rate cut or a 1-point rate cut, indicating a high level of market uncertainty about the Fed’s policy direction.
Investors’ Favorite ETFs: Ex-Dividend Intensive Boom
More than 30 ETFs will be ex-dividend intensive in September, with the highest dividend classification. Big high interest and low volatility (00713) maintains the level of 1.5 yuan, with a single yield rate of nearly 2.9%.
Taiwan stock ETFs that went ex-dividend in September include KGI 30 High Dividend (00915), Mega Electronics High Dividend Equity Rights (00943), Taiwan Fuhua Technology Premium Dividend (00929), CITIC High Growth Dividend (00934), and CITIC Green Similar to Electric Vehicles (00896).
New Stock Subscriptions Coming in September
Zhongtai (6923) is about to go public for the first time, Meilu (2439) will go public and raise capital, Fanwei Materials (6967) is expected to go public for the first time, and Dongyan Xinchao (6840) goes public and increases capital. The subscription prices of each stock are Zhongtai 80 yuan, Meilu 95 yuan, Fanwei Materials 50 yuan, and Dongyan Xinchao 60 yuan.
In addition, Hongde Energy-Chuang (6873) will be relisted from the Innovation Board, and Hantian Biotechnology (1294) will be listed on the OTC for the first time. The subscription deadline for these two stocks is September 18, and the lottery time is set on September 20, with underwriting prices of 188 yuan and 118 yuan respectively.
The launch of this series of new shares and capital increase reflects the activity of Taiwan’s stock market and the high expectations of investors for emerging industries, particularly in the areas of green energy and biotechnology.
Shareholders’ favorite ETF is ex-dividend 00919, setting a new high in dividend distribution (Image source: Getty)
(jayk7 via Getty Images)