Yearly Archives: 2024
41654156156Eye On U.S. GDP Today
Written on April 25, 2024 at 5:40 am, by 王建军
Market Summary The U.S. equity markets saw a halt in their two-day rally, primarily pulled down by disappointing earnings from Meta Platforms. As a result, both the Nasdaq and S&P 500 were left nearly unchanged, while the Dow Jones Industrial Average closed lower. Market focus is now turning to Alphabet and Microsoft, whose earnings reportsContinue Reading
Trade Of The Day: Riding The USD/JPY Momentum
Written on April 25, 2024 at 1:57 am, by 王建军
Fundamental Analysis * Yen Buzz: The Japanese yen has weakened against the US dollar to its lowest levels since 1990, driven by robust US economic data. The growing yield gap between Japan and the US, fueled by higher US Treasury yields, has intensified pressure on the yen. Despite hints of vigilance from Japanese authorities, theContinue Reading
Wall Street Closes Higher On Profit Optimism
Written on April 24, 2024 at 5:48 am, by 王建军
Market Summary In the latest trading session, the Dollar Index retreated, failing to sustain its position above the $106 mark. This movement coincides with heightened buying interest in U.S. 2-year Treasuries, suggesting that investors are bracing for slower economic growth and potentially anticipating a Federal Reserve rate cut within the year. In the commodities market,Continue Reading
