Monthly Archives: September 2023
Euro Slumps With An Unexpected ECB Rate Hike
Written on September 15, 2023 at 8:08 am, by 王建军
The market worries that a 25 basis points rate hike by the European Central Bank might further hamper the already dim economic prospects within the Eurozone. Upbeat U.S. economic data, particularly Retail Sales and Initial Jobless Claims, ignited a rally in both the dollar index and equity markets. Investors are now bolstered by their confidenceContinue Reading
Economists Expect Fed To Pause Rate Hikes
Written on September 15, 2023 at 2:36 am, by 王建军
The Week Ahead: Week of 18 September (GMT+3) Tuesday, 19 September, 15:30 – US Building Permits (Aug) There was a slight increase in US July Building Permits, rising from 1.441 million to 1.443 million.The marginal uptick in housing starts indicates a degree of optimism among builders. However, the impact of potential future mortgage rate increasesContinue Reading
Market Stays Calm As U.S. CPI Increases
Written on September 14, 2023 at 5:20 am, by 王建军
The market’s relatively muted reaction suggests that this uptick in CPI had already been priced in. Yesterday’s U.S. CPI release showed a higher reading than both the forecasted number and the previous reading. However, it appeared that the market had already priced in this uptick in CPI, and there was a relatively muted reaction asContinue Reading
