Yearly Archives: 2023
Risk-Off Mode Fades On Wall Street
Written on August 23, 2023 at 6:36 am, by 王建军
Investor enthusiasm for risk-taking declined after technology-driven gains on Monday. Investor enthusiasm for risk-taking experienced a swift decline following a day of technology-driven gains on Monday in the U.S. stock market. Investors are now eagerly awaiting Nvidia Corp’s results, hoping for a surge in excitement around artificial intelligence. As the Jackson Hole Economic Symposium approaches,Continue Reading
Chinese Ailing Economy Drags Kiwi Lower
Written on August 22, 2023 at 6:19 am, by 王建军
The New Zealand dollar has declined and cannot recover due to China’s ongoing struggles in stimulating its economy. The Chinese stock market remains in a downward trend, primarily influenced by challenges within the property sector and limited Chinese economic stimulus efforts. The recent bullish oil prices have also hindered the much-worried Chinese economy, as theContinue Reading
China’s Smaller Rate Cut Weighs Down Stock Market
Written on August 21, 2023 at 6:09 am, by 王建军
The Chinese government’s decision to modestly reduce the short-term loan rate has disappointed the market. Asian stock markets are on track for a weekly decline, partly influenced by China’s economic challenges and the prevailing global high-interest rate environment. A notable increase in the global government bond yield, reaching a level not seen in 15 years,Continue Reading
