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US Stock Market Pre-market Highlights | IEA Significantly Lowers Oil Supply Growth Forecast, Tesla Unveils Third-generation Humanoid Robot

US Stock Market Pre-market Highlights | IEA Significantly Lowers Oil Supply Growth Forecast, Tesla Unveils Third-generation Humanoid Robot

格隆汇格隆汇2026/03/12 13:39
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格隆汇 March 12|1. All three major US stock index futures fell, with Nasdaq futures down 0.84%, S&P 500 index futures down 0.63%, and Dow Jones futures down 0.59%. 2. Major European stock indices collectively declined, with Germany's DAX index down 0.17%, UK's FTSE 100 index down 0.48%, France's CAC index down 0.62%, and Euro Stoxx 50 index down 0.83%. 3. IEA significantly lowered this year's oil supply growth forecast to 1.1 million barrels/day, as the Middle East war caused the most severe supply disruption in history. 4. Goldman Sachs expects the Federal Reserve to cut interest rates by 25 basis points each in September and December, previously forecasting cuts in June and September. 5. Goldman Sachs: Hedge fund short positions have reached a nearly three-and-a-half-year high; if the Iran conflict ends, US stocks are set for a "short squeeze" frenzy. 6. US regulators plan to ease some capital requirements for Wall Street banks to encourage them to expand credit lending. 7. Nvidia will spend $26 billions to develop AI large models, transforming from a chip manufacturer to a top full-stack AI laboratory. 8. Tesla's third-generation humanoid robot will debut at AWE 2026, with production planned to start by the end of the year and a long-term capacity plan of 1 million units. 9. Tesla's new steering wheel-less vehicle Cybercab rolled off its Austin production line last month and will begin mass production in April. 10. Google has spun off its fiber division GFiber, which will merge with Astound Broadband to form an independent operator. 11. The semiconductor industry is brewing a new round of price hikes, with Texas Instruments, NXP, and Infineon collectively adjusting prices in April. 12. According to reports, Anthropic is in talks with Blackstone and other private equity firms to establish an AI consulting company. 13. Honda is re-evaluating its "electrification" strategy, expecting to increase costs and losses by up to $15.7 billions. 14. Deutsche Bank disclosed a $30 billions exposure to the private credit sector, potentially facing indirect credit risks. 15. Chubb Insurance and the US International Development Finance Corporation (DFC) are leading efforts to provide insurance for ships passing through the Strait of Hormuz. 16. Joby Aviation conducted a test flight of its first mass-produced electric air taxi at its base in California. 17. Li Auto's 2025 revenue reached 112.3 billions yuan, net profit 1.1 billions yuan, achieving three consecutive years of profitability and leading new forces with cash reserves exceeding 100 billions yuan. Events worth noting during US trading hours: 20:30 US January trade balance / US initial jobless claims for the week ending March 7 / US January annualized housing starts / US January total building permits
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Bitget•2026/10/08 09:33

BUZZ-Comment—October May Be the Month for Euro to Break Out of Its Range

Reuters, October 8 – The EUR/USD monthly chart is currently forming two bearish signals, which may both be confirmed by the October closing price: first, a break below the lower bound of a range that has been maintained for more than a year; second, a close below the 100-month moving average. After rising from 1.0125 to 1.1830 between February 2025 and July 2025, EUR/USD consolidated sideways within a range of 1.1325 to 1.2084. Based on closing prices, the 200-month moving average (currently at 1.1825) constituted most of the upper resistance for this range, while the 100-month moving average (currently at 1.1194) provided support. Dragged down by fiscal concerns, the pair dropped from slightly above 1.1700 in August to a low of 1.1161 in October, with the euro hovering near a 17-month low. Key drivers include mounting fiscal and political risks in the Eurozone, rising global bond yields, and a resilient dollar supported by high energy prices and hawkish Federal Reserve expectations. Confirmation signals: The month has only just begun, and the trend remains uncertain; the spot price is currently almost exactly at the 100-month moving average (100-MMA). If the monthly closing price falls below 1.1325, it would confirm a range break; a close below 1.1194 would confirm the second signal. If both occur, deeper support levels could be tested before year-end. Key levels: Fibonacci retracements for the rally from 1.0125 to 1.2084 show the 38.2% retracement at 1.1336. This coincides with the range bottom, reinforcing its resistance role in any rebound. The 50% retracement is at 1.1105 and serves as the first target on the downside. The upper edge of the Ichimoku cloud on the monthly chart is at 1.0938, between the 50% and 61.8% retracement levels. The 61.8% retracement is at 1.0873, representing a deeper downside target. Momentum indicators: The monthly RSI is trending downward, and the 14-month momentum indicator is negative, both supporting a bearish outlook. Invalidation condition: If the exchange rate rebounds and the monthly close returns above 1.1325, the above signals will be invalidated and the pair will revert to range trading. For more, refer to FXBUZ EUR/USD Monthly Chart: https://fingfx.thomsonreuters.com/gfx/buzz/zdvxeqlxzpx/Pasted%20image%201791448056243.png (For the convenience of non-native English readers, Reuters provides automated translations of its reports into several other languages. As automated translations may be inaccurate or lack the required context, Reuters does not guarantee their accuracy and provides them solely for readers’ convenience. Reuters accepts no responsibility for any harm or loss arising from use of the automated translation function.)

路透社•2026/10/08 09:31