Monthly Archives: April 2024
41654156156Bullish Gold Trades To All-Time High
Written on April 4, 2024 at 5:25 am, by 王建军
Market Summary Gold prices have reached another milestone, currently trading steadily above $2300, as market sentiment leans towards the likelihood of a Federal Reserve interest rate cut this year. Federal Reserve Chair Jerome Powell’s speech yesterday reiterated the central bank’s stance, indicating that it will take more time to assess market conditions before considering aContinue Reading
Oil Price Rose On Supply Concerns
Written on April 4, 2024 at 2:20 am, by 王建军
Fundamental Analysis * Supply Fears: Oil prices continue to climb amid concerns over reduced supply, as major producers continued to enforce output cuts, coupled with signs of robust economic expansion in the United States, the world’s largest oil consumer. The oil price is boosted by Ukraine’s attacks on Russian refineries, disrupting fuel supply, and concernsContinue Reading
Dollar Eases Ahead Of Jerome Powell Speech
Written on April 3, 2024 at 6:03 am, by 王建军
Market Summary The U.S. stock market experienced a significant decline yesterday, with all three major indexes dropping by approximately 1%. This downturn occurred as U.S. long-term Treasury yields surged to their highest level since last December, fueled by robust economic data suggesting that the Federal Reserve might postpone interest rate cuts. However, the dollar indexContinue Reading
