Yearly Archives: 2023
Oil Prices Decline On OPEC+ Meeting Result
Written on December 1, 2023 at 5:41 am, by 王建军
Despite OPEC+ announces production cuts, oil traders remained unconvinced, leading to a nearly 3% plunge in oil prices overnight. The efficacy of these cuts is questionable as they are implemented on a “voluntary” basis. Despite OPEC+ announces production cuts, oil traders remained unconvinced, leading to a nearly 3% plunge in oil prices overnight. The efficacyContinue Reading
All Eyes On OPEC+ Meeting
Written on November 30, 2023 at 4:48 am, by 王建军
Market attention is currently focused on the OPEC+ meeting scheduled for today, with widespread expectations that further oil production cuts will be on the agenda, potentially fueling a surge in oil prices. The surge in the U.S. Treasury prices has led to a decline in Treasury yields, placing the U.S. dollar under downward pressure. However,Continue Reading
Dollar Slides Ahead Of PCE
Written on November 29, 2023 at 4:49 am, by 王建军
Prominent figure on Wall Street, Bill Ackman, is speculating that the Federal Reserve (Fed) is poised to cut rates as early as the first quarter of the upcoming year. Prominent figure on Wall Street, Bill Ackman, is speculating that the Federal Reserve (Fed) is poised to cut rates as early as the first quarter ofContinue Reading
