Yearly Archives: 2023
What Will the Interest Rate Decisions from Major Central Banks Impact on the Global Market?

Written on July 28, 2023 at 6:04 am, by 王建军
The Week Ahead: Week of 31 July (GMT+3) Tuesday, 25 July, 17:00 Tuesday, 1 August, 07:30 – AU RBA Interest Rate Decision (Aug) In July, the Reserve Bank of Australia chose to keep the rate unchanged with a current rate of 4.10%. The Reserve Bank of Australia’s (RBA) decision to pause rate left analysts andContinue Reading
Dollar Weakens After Fed Delivers Small Size Rate Hike

Written on July 27, 2023 at 6:22 am, by 王建军
After the announcement, gold and oil prices climbed as the U.S. dollar weakened, making them more attractive. The Federal Reserve delivered as anticipated, implementing a 25 bps rate hike that propelled the interest rate to its highest level in 22 years. With the benchmark rate now residing within the range of 5.25% to 5.5%, theContinue Reading

