Monthly Archives: June 2024
41654156156Will Fed Push Back On Rate Cut Next Week?
Written on June 7, 2024 at 5:59 am, by 王建军
Wednesday, 12 June 2024, 15:30 – US CPI (MoM) (May) In April, U.S. consumer prices saw a smaller-than-expected increase, registering at 0.3% compared to the previous 0.4%. This suggests that inflation started to decrease once more at the beginning of the second quarter. As the economy appears to be slowing down and consumer spending isContinue Reading
Market Awaits For Crucial NFP
Written on June 7, 2024 at 5:56 am, by 王建军
Market Summary All eyes are on today’s Nonfarm Payroll (NFP) and U.S. unemployment rate data, which could be the final piece of the puzzle for the Federal Reserve’s rate cut decision this year. Recent lackluster U.S. economic indicators, alongside monetary policy pivots from the Bank of Canada (BoC) and the European Central Bank (ECB), mayContinue Reading
USD/JPY Rebounds On Weak Japan Data, Positive Risk Sentiment
Written on June 7, 2024 at 2:11 am, by 王建军
Fundamental Analysis * Yen Fade: The USD/JPY pair has surged following a period of decline, driven by the strengthening of the US dollar amidst its recovery from recent setbacks triggered by a sell-off after the ISM Manufacturing PMI missed expectations, coupled with disappointing data from Japan. This includes reports of a continual decline in realContinue Reading
