About: 王建军
Recent Posts by 王建军
Oil Price Dips As US Demand Slow, Rising Supply -Test
Fundamental Analysis * Energy Ebb: The price of the crude oil have fell due to an unexpected increase in U.S. stockpiles, raising concerns about sluggish demand from the world’s largest oil consumer. The U.S. Energy Information Administration (EIA) reported a 3.6-million-barrel rise in the country’s crude oil stocks last week, surprising analysts polled by ReutersContinue Reading
Market Remains Hopeful On Rate Cut? All Eyes On PCE! -Test
Tuesday, 25 June 2024, 16:00 – US CB Consumer Confidence (Jun) According to the U.S. Conference Board, consumer sentiment in the U.S. improved in May, with the CB Consumer Confidence Index rising to 102 from 97.5 in April. While the survey indicated a slight decline in consumers’ views of current business conditions, overall sentiment wasContinue Reading
Rate Cut Hopes on the Line: NFP Set to Steal the Spotlight!
Monday, 1 July 2024, 17:00 – US ISM Manufacturing PMI (Jun) The US ISM Manufacturing PMI came in at 48.7 for May, below the forecast of 49.8 and the previous reading of 49.2. The main reasons for this stagnant reading are ongoing weak demand, which affects supplier orders, inventories, capital investments, and employment. Specific areasContinue Reading
