About: 王建军
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All Eye On Today’s PCE Reading

Market Summary The U.S. dollar failed to sustain its gains following the release of U.S. GDP data that fell short of expectations, coupled with Initial Jobless Claims that exceeded market forecasts. This has prompted a slight shift in market sentiment away from the expectation of a more hawkish Federal Reserve stance. All attention now turnsContinue Reading
Written on May 31, 2024 at 5:31 am
Categories: Daily Market Analysis
Non-Farm Payrolls Report: Market Movers Ahead?

Tuesday, 4 June 2024, 03:30 – Australia GDP (QoQ) (Q1) Australia’s economy experienced sluggish growth, with the Gross Domestic Product expanding by only 0.2% in the fourth quarter of 2023, below the anticipated 0.3%. This marked the fourth consecutive quarter of disappointing figures. Domestic demand was weak, as household spending on essentials showed a modestContinue Reading
Oil Dips On Surprise Fuel Build, Weak Demand

Fundamental Analysis * Crude Conundrum: Crude oil prices continue to experience selling pressure as the U.S. government reported weak fuel demand alongside an unexpected rise in gasoline and distillate fuel inventories. Despite U.S. crude stocks falling more than expected last week with refiners operating at their highest rates in over nine months, gasoline and distillateContinue Reading
Written on May 31, 2024 at 1:52 am
Categories: Trade Of The Day
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