Monthly Archives: September 2023
Oil Remains Strong On OPEC Outlook
Written on September 13, 2023 at 5:20 am, by 王建军
Oil prices continued their upward trend driven by the OPEC monthly report forecasting a 3.3 million barrel per day shortfall in the 4th quarter. The dollar index remained stable near $104.5 as the market awaited the release of U.S. CPI data, causing fluctuations in the equity and gold markets due to speculation about a potentialContinue Reading
Wall Street Closes Higher Ahead Of CPI
Written on September 12, 2023 at 5:56 am, by 王建军
Wall Street closed higher before the release of the U.S. Consumer Price Index (CPI) scheduled for Wednesday at 15:30 (GMT+3). Bank of Japan (BoJ) Governor Ueda’s hawkish statements over the weekend have contributed to the strength of the Japanese Yen during the Asian morning session. Ueda mentioned that the Japanese Central Bank may have enoughContinue Reading
Yen Strengthens With Possible BoJ Policy Tweak
Written on September 11, 2023 at 5:17 am, by 王建军
BoJ Governor Ueda suggests that by year-end, sufficient data will be available to evaluate the sustainability of wage growth and inflation in Japan. Bank of Japan (BoJ) Governor Ueda’s hawkish statements over the weekend have contributed to the strength of the Japanese Yen during the Asian morning session. Ueda mentioned that the Japanese Central BankContinue Reading
