Yearly Archives: 2023
Oil Prices Drop To 4-Month Low
Written on November 28, 2023 at 9:07 am, by jonywang
The financial markets experienced a relatively subdued session overnight, as lacking significant catalysts. Investor attention remains focused on the APEC forum The financial markets experienced a relatively subdued session overnight, lacking significant catalysts to drive decisive movements. Investor attention remains focused on the APEC forum, with particular interest in the meeting between President Biden andContinue Reading
Soft CPI Lead To DXY Crashes
Written on November 28, 2023 at 9:04 am, by jonywang
The Dollar Index took a substantial hit, plummeting over 1.5% in the wake of the U.S. Consumer Price Index (CPI) release. The Dollar index took a substantial hit, plummeting over 1.5% in the wake of the U.S. Consumer Price Index (CPI) release. The data indicated a softening of inflationary pressures, leading the market to reassessContinue Reading
Dollar Gains On Upbeat Retail Sales
Written on November 28, 2023 at 9:02 am, by jonywang
The U.S. dollar staged a modest recovery following a notable decline on Wednesday. However, the latest U.S. Retail Sales data surpassed expectations, supporting the greenback’s upward nudge. The U.S. dollar staged a modest recovery following a notable decline on Wednesday, spurred by indications of easing inflation from the U.S. CPI report. However, a resilient economicContinue Reading
