About: 王建军
Recent Posts by 王建军
Dollar Dips Ahead Of Key Data, Fed Insights

Market Summary The Dollar Index dipped as investors took profits ahead of key economic data and events later this week, including the Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index. With US markets closed for a holiday, trading in dollar-related products is expected to be subdued. Investors are also eyeing speeches fromContinue Reading
Written on May 27, 2024 at 5:53 am
Categories: Daily Market Analysis
Pound Remain Steady Despite Weak Data

Fundamental Analysis * Unyielding Pound: The pound sterling holds its ground against the dollar despite the release of weak UK data, as a drop in the dollar mitigates the impact of the negative figures. Earlier, the currency pair was under considerable pressure following a sharp decline in UK Retail Sales for April. The ONS dataContinue Reading
Written on May 27, 2024 at 2:05 am
Categories: Market Insights, Trade Of The Day
Surprise or Steady? April’s Core PCE Data to Set Market Tone

Tuesday, 28 May 2024, 03:30 – Australia Retail Sales (MoM) (Apr) Australian retail sales experienced a greater decline than anticipated in the March quarter, dropping by 0.4% compared to the expected 0.2% decrease. This marked the lowest annual retail sales growth since 2021, excluding pandemic-related impacts. The primary factors behind this decline were higher mortgageContinue Reading
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