About: 王建军
Recent Posts by 王建军
Biden’s Election Withdrawal Bolstering Dollar?
Market Summary Biden’s withdrawal from the upcoming U.S. presidential election has thrown a stun grenade into the market, with most asset classes standing pat as investors digest the event. The dollar remains poised at its high from last Friday, with expectations of strengthening as Trump’s advocacy may favor the greenback. Meanwhile, the U.S. equity marketContinue Reading
Yen Extend Losses Following Japan Inflation Data
Fundamental Analysis * Yen Falter: The Japanese Yen (JPY) weaken against the greenback following the release of the latest mixed inflation data on Friday. Japan’s National Consumer Price Index (CPI) for June remained steady at 2.8%, matching the previous month’s figure and maintaining its highest level since February. However, Core CPI inflation increased to 2.6%,Continue Reading
Wall Street Faces Headwind And Plummet
Market Summary The U.S. job data released yesterday bolstered speculation of a September Fed rate cut. Initial Jobless Claims saw the biggest increase since May, suggesting the labor market in the U.S. is easing, and inflation is cooling as a result. Despite this, the dollar took a breather from its downtrend and found footing nearContinue Reading
