Yearly Archives: 2023
CPI Hammers DXY To Below $100
Written on July 14, 2023 at 6:34 am, by 王建军
The U.S. dollar continues to decline, breaking below the key psychological support level of $100. The release of lower-than-expected CPI data on Wednesday has significantly impacted the financial market. The equity market has extended its gains, while gold prices have risen by over 1.5% following the data release. Conversely, the U.S. dollar continues to decline,Continue Reading
The US Housing Market Will Be In Focus In The Upcoming Week
Written on July 14, 2023 at 1:56 am, by 王建军
The Week Ahead: Week of 17 July (GMT+3) Tuesday, 18 July, 15:30 – US Retail Sales (MoM) (Jun) Contrary to market expectations of a -0.1% rate, May’s US Retail Sales exceeded forecast expectations with a rate of 0.3%. This indicates that consumer spending remains resilient, even in the face of rising inflation and interest rates.Continue Reading
CPI Shows U.S. Inflation Softening
Written on July 13, 2023 at 5:57 am, by 王建军
US CPI released yesterday showed a two-year low inflation rate of 3%, leading to a decline in the US dollar. Yesterday’s release of the U.S. Consumer Price Index (CPI) revealed that the country’s inflation had reached a two-year low of 3%, lower than the previous reading and the forecasted figure. As a result, the dollar’sContinue Reading
