About: 王建军
Recent Posts by 王建军
Dollar Dip on Dovish Fed’s Beige Book
Market Summary The dollar continues to tumble, trading at its lowest level since April, below the $104 mark. The U.S. Beige Book suggests economic growth has moderated and inflation shows signs of easing, strengthening the likelihood of a September rate cut. Improved risk appetite in the market propelled the Dow Jones up nearly 300 pointsContinue Reading
Kiwi Slips Amid Weak NZ CPI, Increasing Rate Cut Bet
Fundamental Analysis * CPI Drag: The New Zealand dollar weakened against the US dollar following the release of weaker-than-expected New Zealand CPI data, increasing speculation about a potential rate cut from the RBNZ. Government data revealed that the CPI rose 3.3% year-on-year for the three months ending June 30, below the expected 3.5% and downContinue Reading
Wall Street Rallies On Powell’s Dovish Tone
Market Summary The U.S. equity market continued its rally in yesterday’s session, with the Dow Jones approaching its all-time high near the 41,000 mark. The Russell 2000 (US2000) small-cap index surged more than 10% since last Thursday, suggesting that strategists have been rotating their exposure to small-cap counters, which are more sensitive to interest rateContinue Reading
