Yearly Archives: 2024
41654156156USD/CAD Drops On Weak U.S PMI, Sparks Rate Cut Hopes

Written on April 24, 2024 at 1:51 am, by 王建军
Fundamental Analysis * Loonie Buzz: The Canadian Dollar (CAD) strengthened against the US Dollar (USD) following weaker-than-anticipated US Purchasing Managers Index (PMI) data. The subdued performance in US economic activity is fostering optimism in the market, suggesting that the US Federal Reserve (Fed) may consider implementing rate cuts sooner than anticipated. The US PMIs unexpectedlyContinue Reading
U.S. Stock Markets Rebound On Profit Optimism

Written on April 23, 2024 at 3:50 am, by 王建军
Market Summary As we delve deeper into the earnings season, the spotlight shifts to the U.S. equity market, particularly with the impending release of earnings reports from tech giants such as Tesla, Microsoft, Meta Platforms, and Alphabet. Anticipation for a potential rally in the AI sector has fueled optimism among investors, propelling the market sentimentContinue Reading
Oil Prices Rise As Investors Evaluate Middle East Risk

Written on April 23, 2024 at 2:03 am, by 王建军
Fundamental Analysis * Fueling Fears: Oil prices increased slightly during early Asian trading on Tuesday, recovering from losses seen in the prior session as investors remained vigilant in evaluating the potential impact of geopolitical tensions in the Middle East. Analysts pointed out that there are numerous risks still present in the oil market. ANZ analystsContinue Reading