Yearly Archives: 2024
41654156156Market Clash With Rate Uncertainty: Can Data Bring Clarity?
Written on April 19, 2024 at 3:14 am, by 王建军
Thursday, 25th April 2024, 14:30 – US GDP (QoQ) (Q1) In March, the government revised its previous estimate, indicating that the U.S. economy expanded at a robust annualized rate of 3.4% from October to December. Initially, it reported a slightly lower growth figure of 3.2% for the same period. This growth represented the sixth consecutiveContinue Reading
Gold Price Gains on Risk Aversion, Fed’s Bostic Remarks
Written on April 19, 2024 at 2:04 am, by 王建军
Fundamental Analysis * Shining Bright: Gold prices continue to hold strong, supported by increased geopolitical tensions concerning Iran and Israel. As reported by The Times, Prime Minister Benjamin Netanyahu of Israel has stated that “his country will take all necessary measures to protect itself.”. The comments from PM Netanyahu came after his conversation with foreignContinue Reading
Oil Prices Plummet On Strong U.S. Crude Inventories Build-up
Written on April 18, 2024 at 5:43 am, by 王建军
Market Summary The U.S. dollar experienced a technical retracement, easing from its 2024 peak and breaking below the $106 mark. Despite this, robust U.S. economic performance and the Federal Reserve’s hawkish stance are expected to provide underlying support to the dollar. Concurrently, the easing dollar has allowed its peers to make gains, notably the JapaneseContinue Reading
