Yearly Archives: 2023
Gold Prices Declines On Softening Middle East Conflict
Written on November 7, 2023 at 4:53 am, by 王建军
In a significant market shift, gold prices have witnessed a notable downturn as tensions in the Middle East show signs of abating. In a significant market shift, gold prices have witnessed a notable downturn as tensions in the Middle East show signs of abating. Israel’s decision to implement a ceasefire for humanitarian purposes, coupled withContinue Reading
Dollar Index Plummets On Soft NFP And Unemployment Rate
Written on November 6, 2023 at 5:17 am, by 王建军
The dollar index plummeted following last Friday’s U.S. Nonfarm Payroll report and the Unemployment rate data. The dollar index plummeted to September levels following last Friday’s U.S. Nonfarm Payroll report and the Unemployment rate data, indicating a softening job market and further easing U.S. inflation. Despite the softening dollar, commodity prices including gold and oilContinue Reading
All Eyes On U.S. Nonfarm Payroll
Written on November 3, 2023 at 5:42 am, by 王建军
Before the release of the U.S. Nonfarm Payroll report, the dollar index faced a significant setback following disappointing U.S. job data. In anticipation of the pivotal U.S. Nonfarm Payroll report slated for release today, the dollar index faced a significant setback, dropping nearly 0.5% overnight. This decline follows disappointing U.S. job data, which has castContinue Reading
