Monthly Archives: March 2024
Central Banks’ Rate Decision: The Week to Watch.
Written on March 15, 2024 at 5:40 am, by 王建军
Tuesday, 19 March 2024, 05:30 – RBA Interest Rate Decision (Mar) The RBA maintained the cash rate steady at 4.35% during its February meeting as widely expected by analysts. Reserve Bank governor Michele Bullock previously indicates her skepticism regarding the sustainability of inflation returning to the target level. Hence, the market expects the cash rateContinue Reading
Dollar Flat, Eye On Pivotal Economic Data
Written on March 14, 2024 at 4:24 am, by 王建军
Market Summary The Dollar Index retreated from resistance levels, as market participants applied profit-taking strategies ahead of crucial events. With attention shifting towards the pivotal Producer Price Index (PPI) and retail sales figures, investors seek insights into the economy’s trajectory and potential interest rate adjustments by the Federal Reserve. Meanwhile, US equity markets experienced aContinue Reading
U.S. CPI Top Estimation Strengthening Dollar
Written on March 13, 2024 at 5:26 am, by 王建军
Market Summary The recent U.S. CPI data, indicating a year-over-year increase of 3.2%, has caused a significant shift in market sentiment, suggesting a more cautious approach by the Federal Reserve towards cutting interest rates. This hinting at a sustained period of economic pressure that could delay the anticipated easing of monetary policy. Interestingly, despite theseContinue Reading
