Yearly Archives: 2024
41654156156Wall Street Rallies On Powell’s Dovish Tone
Written on July 16, 2024 at 5:19 am, by 王建军
Market Summary As we step into the earnings report season, the U.S. equity market rallied, with the Dow Jones climbing to its highest point in the last session, gaining over 200 points. The aftermath of Donald Trump’s shooting incident has influenced the equity market, compounded by a dovish statement from Jerome Powell indicating that inflationContinue Reading
Euro Paused Amid Looming ECB Rate Cut Call
Written on July 16, 2024 at 2:16 am, by 王建军
Fundamental Analysis * ECB Alert: The Euro lost its recent bullish momentum, sharply declining after briefly surpassing 1.0900, as traders brace for Thursday’s ECB rate decision. ECB officials are expected to prepare investors for another rate cut, though only after the Governing Council’s extended summer break between decisions. While another rate cut following June’s quarter-pointContinue Reading
U.S. Geopolitical Issue Boost Dollar’s Strength
Written on July 15, 2024 at 3:07 am, by 王建军
Market Summary Over the weekend, a significant event unfolded in the U.S. presidential race as candidate Donald Trump was shot at a campaign rally in Pennsylvania, intensifying geopolitical uncertainty across markets. The dollar swiftly reacted, rebounding from recent lows amid expectations that Trump’s fiscal policies, known for potentially boosting treasury yields, could strengthen the currencyContinue Reading
