Yearly Archives: 2024
41654156156Non-Farm Payrolls Report: Market Movers Ahead?
Written on May 31, 2024 at 3:06 am, by 王建军
Tuesday, 4 June 2024, 03:30 – Australia GDP (QoQ) (Q1) Australia’s economy experienced sluggish growth, with the Gross Domestic Product expanding by only 0.2% in the fourth quarter of 2023, below the anticipated 0.3%. This marked the fourth consecutive quarter of disappointing figures. Domestic demand was weak, as household spending on essentials showed a modestContinue Reading
Oil Dips On Surprise Fuel Build, Weak Demand
Written on May 31, 2024 at 1:52 am, by 王建军
Fundamental Analysis * Crude Conundrum: Crude oil prices continue to experience selling pressure as the U.S. government reported weak fuel demand alongside an unexpected rise in gasoline and distillate fuel inventories. Despite U.S. crude stocks falling more than expected last week with refiners operating at their highest rates in over nine months, gasoline and distillateContinue Reading
Dollar Fuels By Strong Treasury Yield
Written on May 30, 2024 at 5:33 am, by 王建军
Market Summary The U.S. 7-year note auction held yesterday saw tepid demand for long-term Treasury yields, resulting in a decline in bond prices and pushing bond yields higher. This development, combined with market perception that the Federal Reserve is not planning to initiate a rate cut policy soon, fueled risk-averse sentiment and hammered equity markets.Continue Reading
