About: 王建军
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Oil Price Gains Following Positive Demand Outlook

Fundamental Analysis * Crude Boom: Crude oil prices have edged higher against the US dollar, bolstered by signs of a robust demand outlook for crude and fuel this year. The Organization of Petroleum Exporting Countries (OPEC) maintained its forecast for strong global oil demand growth in 2024, while Goldman Sachs projected solid U.S. fuel demandContinue Reading
Written on June 14, 2024 at 1:47 am
Categories: Trade Of The Day
Soft CPI Hammers Dollar

Market Summary The financial markets experienced significant fluctuations in the last session, driven by two major economic events. Firstly, the U.S. CPI came in lower than market consensus, indicating easing inflation and boosting risk appetite. However, later in the session, the FOMC announced that there will be only one interest rate cut this year, reinforcingContinue Reading
Written on June 13, 2024 at 5:49 am
Categories: Daily Market Analysis, Market Insights
USD/JPY Zigzag Amid Mixed Signal.

Fundamental Analysis * Fed Hawk: The USD/JPY initially dropped from its peak but later recovered somewhat as the market continued to digest soft U.S inflation data alongside the Fed hawkish stance. The latest US Consumer Price Index (CPI) unchanged in May, the first time since last June, and decreased to 3.3% annually from April’s 3.4%.Continue Reading
Written on June 13, 2024 at 2:17 am
Categories: Trade Of The Day
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