📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Bank of America Securities: With expectations of a weaker U.S. dollar, we are optimistic about emerging market assets.
Gate News bot message, Bank of America Securities stated that as the market expects the US dollar to continue weakening, emerging market assets are expected to bring several percentage points of return this year.
David Hauner, head of emerging markets fixed income strategy at Bank of America Securities, stated: "We have every reason to maintain our expectation of double-digit returns for emerging markets for the entire year. We believe the dollar is the most important driver and expect the US long-end market to stabilize." Bank of America Securities is optimistic about Eastern European currencies and stocks.
In the fixed income market, Brazil remains its preferred investment destination due to the country's very high interest rates, which may begin to decline by the end of this year. Currently, the dollar is approaching its lowest level in two years.
Wall Street giants, including Morgan Stanley and JPMorgan Chase, also believe that the dollar will further weaken due to the possibility of the Federal Reserve cutting interest rates, slowing economic growth, and ongoing uncertainties in fiscal and trade policies, which may accelerate the flow of funds from U.S. assets to emerging markets.
Source: Jinshi