Monthly Archives: September 2023
Dollar Eases From Alleviates U.S. Government Shutdown Fears
Written on September 29, 2023 at 5:37 am, by 王建军
US Dollar pulled back as investors took profits. Attention now turns to the upcoming PCE Price Index release for insights into US inflation The U.S. dollar, which had reached its peak since December, experienced a decline following yesterday’s release of U.S. economic data that failed to meet projections. Disappointing figures in the U.S. GDP priceContinue Reading
US Labor Market Raises Concerns
Written on September 29, 2023 at 3:04 am, by 王建军
The Week Ahead: Week of 3 October (GMT+3) Tuesday, 3 October, 06:30 – AUD RBA Interest Rate Decisions (Oct) After two consecutive months of unchanged interest rates, economists believe this pause is meant to assess the impact of previous rate increases on the country’s economy. As the results show, the country’s inflation is slowing down,Continue Reading
Dollar Dominance Rises: Treasuries Surge
Written on September 28, 2023 at 6:17 am, by 王建军
US Treasury yields continue to hit high levels, buoying by rate hikes expectations from the Federal Reserve. Gold dipped into six-and-a-half month low. The U.S. dollar continues its relentless ascent, fueled by soaring Treasury yields and expectations of Federal Reserve rate hikes. Recent data, including a robust uptick in U.S. Core Durable Goods Orders, furtherContinue Reading
