Monthly Archives: May 2023
Debt-Limit Bill Clears 1st Hurdle
Written on May 31, 2023 at 6:00 am, by 王建军
Uncertainty Remains In The Markets As Both Political Parties In The U.S. Continue With Their Discourse Around The Debt Ceiling Issue The bill regarding the U.S. debt limit has successfully cleared its first obstacle at the House Rules Committee, but it now faces another challenge in Congress. Ahead of the bill’s debate in the House,Continue Reading
Optimism Ignites Asian Markets As Debt Ceiling Deal Sparks Risk Appetite
Written on May 30, 2023 at 6:02 am, by 王建军
Market participants are now eagerly waiting for the conclusion of a debt ceiling deal in congress Global markets experienced a mixed landscape as Western holidays provided a sense of calm for dollar-related currencies. In contrast, Asian markets saw a surge in positive sentiment, driving the Nikkei index to its highest level in over three decades.Continue Reading
Dollar Soars On Optimistic Debt Ceiling Deal
Written on May 29, 2023 at 5:51 am, by 王建军
Markets Risk-on After Positive U.S. debt Ceiling Deal Boosted The Dollar The US Dollar continued its impressive rally, buoyed by the optimistic prospects of a tentative debt ceiling deal between President Joe Biden and top Republican Kevin McCarthy. The deal aims to avert a potentially catastrophic default, boosting investor sentiment. Concurrently, the US equity marketContinue Reading
