Monthly Archives: September 2023
Dollar Strengthens On Fed Outlook
Written on September 7, 2023 at 5:59 am, by 王建军
The Dollar index has traded steadily at around the $105 level as the market anticipates further monetary tightening by the Federal Reserve. The Dollar index has traded steadily at around the $105 level as the market anticipates further monetary tightening by the Federal Reserve. Short-term U.S. bond yields have surged past 5%, while downward pressureContinue Reading
Oil Prices Gain On OPEC+ Supply Cuts Extension
Written on September 6, 2023 at 6:09 am, by 王建军
Dollar continues to edge higher, amid rising US Treasury yields. Oil prices surge as investors anticipate OPEC+ might extend its oil supply cut. The Dollar index has surged to its highest level since March, while the Dow Jones index closed lower for the third consecutive session. Several Federal Reserve governors have expressed support for raisingContinue Reading
Caixin Services PMI Shows China’s Economy Is Still Struggling
Written on September 5, 2023 at 6:07 am, by 王建军
China’s equity market dropped, influenced by the decline of Caixin Services PMI reading, underscoring persistent challenges in China’s ongoing economic recovery. Last night, US markets observed Labor Day celebrations, resulting in a subdued environment across asset classes, marked by sideways trading. Conversely, China’s equity market experienced a morning session decline. The catalyst was a CaixinContinue Reading
