On May 4th, the short -term gold in the Asian city soared 38 US dollars, broke through the historical high and refreshed the day high to 2079.80 US dollars per ounce, and now fell until 1950 US dollars.
Data show that a huge amount of buying pouring into gold prices (2058.24, 2.54, 0.12%) rose: COMEX's most active gold futures contract Beijing time on May 4th at 06:00 on May 4th, the trading section of the sale is 2781The total value of the contract is worth $ 573 million.
At the same time, as the bank crisis was re -ignited, the short -term decline of WTI crude oil (69.20, 0.64, 0.93%) expanded to 5.5%to $ 64.31/barrel, a new low since March 20.
The US 10 -year Treasury Futures rose 27 basis points in the Asian market.
The Federal Reserve interest rate futures show that the market has increased the expectations of the Federal Reserve's interest rate cuts, and the price will be reduced to 4.25%at the end of the year, which was 4.35%before.
As the Federal Reserve raised interest rates again by 25 basis points, and investors once again worried that the regional banking market was affected, the US stock index futures fell.
Futures linked to the S & P 500 index fell 0.5%.The Nasdaq 100 Index Futures fell 0.25%, and the futures of the futures linked to the Dow Jones Industrial Stocks fell 152 points, a decrease of 0.45%.
On the news, according to a person familiar with the matter, Pacwest
Bancorp is exploring strategic choices, including possible sale or financing.Earlier, the company's liquidity improvement plan announced in March failed to boost investors' confidence in their sluggish stock prices.
The source said that Pacwest hopes to actively find solutions to support its financial status to avoid the mistakes of other regional banks that have been taken over by the US regulators in the past two months.The source asked anonymous, so it was confidential.
Pacwest spokesman did not immediately respond to the request of the comment.
Pacwest has branches in California, Dallem in California, North Carolina, and Denver in Colorado.The company said on March 22 that it has been a investment company atlas
SP PARTNERS received $ 1.4 billion in asset support financing arrangements.
The bank -based bank in Los Angeles said in the first quarter financial report released last week that after some customers withdrew the capital, the bank's deposit had stabilized, but investors continued to sell the bank's shares because they filed for the future of the bank.I feel worried.
After this news came out, Pacwest's stock price fell 58%to $ 2.88 per share.Since the outbreak of the regional banking crisis on March 8, the stock has fallen by nearly 90%.
Regional banking stocks have been seriously sold, and Western Union (Western
Alliance) plummeted nearly 30%, Zion (Zions
Bancorp) Fall nearly 12%, Valley
NATIONAL BANCORP fell 12.5%.
This crisis leads to the Silicon Bank of Silicon
Valley Bank), Signature
BANK) and First Communist and FIRST
Republic Bank, and sell them all or partially to other banks.
In the first and banks (bankruptcy last weekend and was sold to JPMORGAN (JPMORGAN
Chase & CO.) Later, the stock price of banks in other regions also fell.
Worried that low -income assets such as regional bank loans and investment portfolios will lose losses, and large banks and private equity companies have been reluctant to bet capital with these banks without government support.
