Investors' attitude toward the US dollar turns neutral for the first time, ending an eight-month bearish trend
ChainCatcher news, according to Golden Ten Data, the latest global investor survey by Bank of America shows that investors' exposure to the US dollar has turned neutral for the first time since the beginning of this year, ending an eight-month bearish trend. The Bank of America team stated that this may partly reflect risk constraints before the end of the year, while the lack of US data may also have played a role. As data returns, market volatility may intensify.
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According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.
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Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.
