About: 王建军
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USD/JPY Gains After Strong US Retail Sales
Fundamental Analysis * Retail Resilience: The Japanese Yen weakened against the U.S. dollar as the market absorbed stronger-than-expected U.S. Retail Sales data. The U.S. Commerce Department reported that retail sales remained flat in June, contrary to Wall Street’s prediction of a 0.3% decline in spending, based on Bloomberg data. Additionally, May’s retail sales figures wereContinue Reading
Written on July 17, 2024 at 1:56 am
Categories: Trade Of The Day
Wall Street Rallies On Powell’s Dovish Tone
Market Summary As we step into the earnings report season, the U.S. equity market rallied, with the Dow Jones climbing to its highest point in the last session, gaining over 200 points. The aftermath of Donald Trump’s shooting incident has influenced the equity market, compounded by a dovish statement from Jerome Powell indicating that inflationContinue Reading
Written on July 16, 2024 at 5:19 am
Categories: Daily Market Analysis
Euro Paused Amid Looming ECB Rate Cut Call
Fundamental Analysis * ECB Alert: The Euro lost its recent bullish momentum, sharply declining after briefly surpassing 1.0900, as traders brace for Thursday’s ECB rate decision. ECB officials are expected to prepare investors for another rate cut, though only after the Governing Council’s extended summer break between decisions. While another rate cut following June’s quarter-pointContinue Reading
Written on July 16, 2024 at 2:16 am
Categories: Trade Of The Day
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