About: 王建军
Recent Posts by 王建军
All Eyes on Today’s U.S. PCE
Market Summary The release of the U.S. GDP data yesterday sent shockwaves through the financial markets, as the GDP price index surpassed both forecasted and previous readings. This has prompted market speculation that the U.S. PCE index, scheduled for release later today, will also exceed expectations, dampening prospects for Fed interest rate cuts. In responseContinue Reading
Aussie Dollar Remain Steadfast Following U.S Data.
Fundamental Analysis * Aussie Ascendancy: The Australian dollar maintains its stability against the US dollar after recording a 0.33% increase on Thursday, driven by a United States report indicating that economic growth is below projections while inflation has accelerated. The US Dollar is facing downward pressure after a GDP report came in weaker than anticipated.Continue Reading
Eye On U.S. GDP Today
Market Summary The U.S. equity markets saw a halt in their two-day rally, primarily pulled down by disappointing earnings from Meta Platforms. As a result, both the Nasdaq and S&P 500 were left nearly unchanged, while the Dow Jones Industrial Average closed lower. Market focus is now turning to Alphabet and Microsoft, whose earnings reportsContinue Reading
