Yearly Archives: 2023
41654156156Euro And Sterling Tumble With Lacklustre Economic Data
Written on August 24, 2023 at 6:36 am, by 王建军
A downward spiral has affected the currencies of the euro region, as the Eurozone and U.K.’s PMI numbers have fallen below the 50 mark. A downward spiral hit the euro region currencies, including the euro and Pound Sterling, as economic data revealed a softer-than-expected state of affairs. Both the Eurozone and UK’s PMI numbers fellContinue Reading
Risk-Off Mode Fades On Wall Street
Written on August 23, 2023 at 6:36 am, by 王建军
Investor enthusiasm for risk-taking declined after technology-driven gains on Monday. Investor enthusiasm for risk-taking experienced a swift decline following a day of technology-driven gains on Monday in the U.S. stock market. Investors are now eagerly awaiting Nvidia Corp’s results, hoping for a surge in excitement around artificial intelligence. As the Jackson Hole Economic Symposium approaches,Continue Reading
Chinese Ailing Economy Drags Kiwi Lower
Written on August 22, 2023 at 6:19 am, by 王建军
The New Zealand dollar has declined and cannot recover due to China’s ongoing struggles in stimulating its economy. The Chinese stock market remains in a downward trend, primarily influenced by challenges within the property sector and limited Chinese economic stimulus efforts. The recent bullish oil prices have also hindered the much-worried Chinese economy, as theContinue Reading
