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Monthly Archives: January 2024

U.S. Equity Markets Trade At All-Time High

Written on January 23, 2024 at 5:39 am, by

U.S. equity markets saw upward momentum, driven by a rally in tech stocks. The U.S. dollar maintained a sideways trajectory as market participants awaited more cues from the U.S. Personal Consumption Expenditures (PCE) data that is due on Friday. Investors are keenly observing developments that could provide insights into the upcoming monetary policy stance ofContinue Reading

All Eyes On BoJ Interest Rate Decision

Written on January 22, 2024 at 6:07 am, by

The market is dominated by speculation regarding an early rate cut by the Federal Reserve, leading to record highs in U.S. equity markets The market is dominated by speculation regarding an early rate cut by the Federal Reserve, leading to record highs in U.S. equity markets. Despite a recent slide in the dollar following itsContinue Reading

U.S. Government Shutdown Averts Fuels Risk-On Sentiment

Written on January 19, 2024 at 5:39 am, by

The greenback experiences a slight easing as the U.S. Congress approves funding for government spending The U.S. economic data continues to underscore robust performance, contributing to the dollar’s strength. However, the greenback experiences a slight easing as the U.S. Congress approves funding for government spending, alleviating concerns about a potential government shutdown and reducing demandContinue Reading

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