Monthly Archives: May 2024
41654156156Week Ahead Spotlight: CPIs, Retail Sales, RBNZ Rates!
Written on May 17, 2024 at 5:58 am, by 王建军
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
Written on May 17, 2024 at 5:55 am, by 王建军
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
Aussie Falls on Fed’s Tough Stance, Rising US Yields
Written on May 17, 2024 at 2:07 am, by 王建军
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
