About: 王建军
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Week Ahead Spotlight: CPIs, Retail Sales, RBNZ Rates!
Tuesday, 21 May 2024, 14:30 – Canada Consumer Price Index (MoM)(Apr) In March, Canada’s consumer price index increased by 0.6% compared to the previous month, surpassing the 0.3% growth seen earlier. Although the overall inflation rate in Canada rose slightly in March, it remained within the target set by the Bank of Canada, strengthening theContinue Reading
Eyeing on Today’s Euro CPI
Market Summary The dollar index (DXY) found support above the $104 mark after two consecutive sessions of decline, as U.S. inflation showed signs of easing. The U.S. initial jobless claims released yesterday came in slightly better than the previous reading, providing some buoyancy for the dollar. While the U.S. stock market lacked momentum, the HongContinue Reading
Written on May 17, 2024 at 5:55 am
Categories: Daily Market Analysis
Aussie Falls on Fed’s Tough Stance, Rising US Yields
Fundamental Analysis * Monetary Musings: The Australian dollar experienced declines against the US dollar following statements made by multiple Federal Reserve officials. A number of Fed officials, including Loretta Mester, John Williams, and Thomas Barkin, suggested that it might be necessary to maintain higher interest rates for an extended period until there is clearer evidenceContinue Reading
Written on May 17, 2024 at 2:07 am
Categories: Market Insights, Trade Of The Day
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