Monthly Archives: September 2023
Strong NFP Bolsters Dollar’s Strength
Written on September 4, 2023 at 6:12 am, by 王建军
Nonfarm Payroll beat expectations, lifting the dollar. China reduced property down payments, boosting its equity markets. The latest Nonfarm Payroll report, released last Friday, exceeded market expectations with 187k jobs added, significantly higher than the previous 157k. This robust job data boosted the dollar by over 0.6%, while equity markets took some time to digestContinue Reading
Global Country Interest Rates And GDP Trends Analyzed
Written on September 4, 2023 at 3:29 am, by 王建军
The Week Ahead: Week of 4 September (GMT+3) Tuesday, 5 September, 07:30 – AU RBA Interest Rate Decision (Sep) With inflation slowing from 5.4%in June to 4.9% in July, the RBA has opted to maintain its interest rate at 4.1%. This decision allows the central bank to evaluate the effects of previous rate hikes andContinue Reading
Dollar Surge On Above Expectation Job Data
Written on September 1, 2023 at 5:42 am, by 王建军
Dollar strengthened as U.S. economic data including PCE and initial Jobless Claims better than than market expectation. The U.S. equity market’s winning streak ended as the Dow Jones closed about 0.5% lower due to mixed economic data. The Fed’s preferred inflation measure, the PCE index, matched market forecasts at 4.2%, while Initial Jobless Claims fellContinue Reading
