Yearly Archives: 2023
Debt Ceiling Optimism Overshadows Macro Data

Written on May 18, 2023 at 6:21 am, by 王建军
The dollar has hit a 7-week high after significant progress on the debt ceiling bill has been reached. Macroeconomic data has taken a backseat as the U.S. nears its 1 June debt ceiling deadline as outlined by Treasury Secretary Janet Yellen. Unlike the hard data of economic releases, this is a political issue, and allContinue Reading
Biden Confident On Debt Ceiling Bill

Written on May 18, 2023 at 6:01 am, by 王建军
President Biden is confident in reaching a bipartisan agreement with congressional leaders to elevate the debt ceiling, effectively averting an unprecedented default situation for the United States. This development has sparked a wave of optimism, prompting the dollar to trade higher, while the safe haven commodity gold languishes amid the surge in risk-on sentiment. Meanwhile,Continue Reading

