Monthly Archives: March 2024
Financial Market Stall Ahead Of CPI
Written on March 12, 2024 at 5:24 am, by 王建军
Market Summary The U.S. financial markets remained relatively calm in anticipation of the forthcoming Consumer Price Index (CPI) reading, slated for release later today. This inflation data is seen as a critical determinant for market speculation on the timing of potential monetary policy moves by the U.S. Federal Reserve. Concurrently, expectations of the Bank ofContinue Reading
Gold Surges To Record Highs As Gloomy Outlook
Written on March 11, 2024 at 4:35 am, by 王建军
Market Summary The US Dollar faces challenges as key employment indicators present a mixed picture, with a disappointing unemployment rate and hourly earnings figures contrasting with a robust non-farm payroll report. The US Unemployment rate and Average Hourly Earnings came in at 3.90% and 0.10%, respectively, both worse than the expected 3.70% and 0.2%. However,Continue Reading
Powell Promises Rate Cut, Will Next Week CPI Report Impact?
Written on March 8, 2024 at 6:41 am, by 王建军
Tuesday, 12 March 2024, 14:30 – U.S CPI (YoY) (Feb) In January, the annual rate of inflation dropped less than expected to 3.1% from 3.4% in December. Numerous economists and Federal Reserve officials have cautioned that the final push to bring inflation back to the bank target of 2% would be a challenge. While FedContinue Reading
